Balancer issued a preliminary incident report on the November 3 exploit that drained over $128 million from Composable Stable Pools across nine networks. The protocol identified a rounding flaw in its v2 vault's batchSwap feature as the root cause, which attackers exploited to manipulate pool balances and extract value. Balancer v3 and other pool types remained unaffected.

Coinbase Global has submitted formal comments calling on the U.S. Treasury Department to implement GENIUS Act regulations that strictly adhere to the statute's original intent. The exchange argued that non-financial software, blockchain validators, and open-source protocols should remain outside regulatory scope. It also emphasized that stablecoin intermediaries offering loyalty rewards should not be subject to the Act's prohibition on interest payments, which applies only to issuers.

Citi's tokenized cash platform is live in the U.S., U.K., Hong Kong, and Singapore, processing billions in client transactions for supply chain payments and capital markets settlements. Executives from Citi, DTCC, and Taurus speaking at Chainlink's SmartCon 2025 conference said blockchain infrastructure is operationally ready, but fragmented regulatory frameworks and lack of interoperability standards remain the primary barriers to scaled adoption.

Leading U.S. banking trade groups have urged the Office of the Comptroller of the Currency to deny national trust-bank charter applications from four major crypto firms. The Bank Policy Institute and Independent Community Bankers of America argue the charters would grant cryptocurrency platforms federal legitimacy without full banking supervision. Traditional banks contend the arrangement would create regulatory arbitrage and undermine existing oversight standards.

Franklin Templeton launched Hong Kong's first tokenized money-market fund on January 8, 2025. The Franklin OnChain U.S. Government Money Fund, registered in Luxembourg and backed by short-term U.S. Treasuries, uses blockchain tokens to represent investor shares and record ownership digitally. The launch aligns with Hong Kong's five-year fintech strategy focused on AI and blockchain integration across financial services.

Canada's Department of Finance unveiled a stablecoin regulation proposal in its 2025 budget plan requiring issuers to maintain adequate reserves and clear redemption policies. The Bank of Canada will allocate $10 million for implementation in fiscal years 2026–2027, with $5 million annual operating costs funded by issuer fees under the Retail Payment Activities Act.

Decentralized finance protocols are implementing token buyback strategies similar to corporate share repurchases. Jupiter, dYdX, and Aave have launched programs allocating portions of their revenue to purchase tokens from open markets. The initiatives aim to reduce circulating supply and demonstrate financial health while rewarding long-term holders.

StakeWise DAO recovered approximately $19.3 million in osETH and $1.7 million in osGNO following the Balancer V2 exploit that drained between $110 million and $128 million across multiple chains. Stream Finance froze deposits and withdrawals after disclosing a $93 million loss from an external fund manager, causing its xUSD stablecoin to depeg to 30–50 cents. The recovered amount represents approximately 15% of total Balancer losses, while Stream's collapse occurred entirely off-chain beyond smart contract controls.