Institutions double down on crypto market infrastructure as JPMorgan eyes client trading, the FDIC sketches a bank stablecoin path, and Cboe debuts perp-style futures. Plus, UniCredit’s tokenized note and J.P. Morgan’s on-chain commercial paper bring tokenization from pilot to production.

A record Boxing Day options expiry steers crypto’s near-term action as Brett Harrison raises for a non-crypto perp exchange, ETFs show Bitcoin dominance with Ethereum gaining, Shift4 enables stablecoin settlements, and gold trounces Bitcoin in 2025. Fast, data-driven hits with the key narratives to watch into year-end.

From potential U.S. crypto bailouts to the Marshall Islands’ on-chain UBI, we break down the policy and plumbing shifts reshaping digital assets. Plus, DTCC’s tokenization green light, the UK’s new property law, Bakkt’s token cuts, and a quick market check.

Abu Dhabi hands Binance sweeping ADGM authorization as Norway’s sovereign wealth fund nods to a Bitcoin treasury strategy in Japan. We break down Ethereum’s Fusaka PeerDAS upgrade, VeChain’s Hayabusa shift, and the weekend’s market and policy signals heading into year-end.

Europe advances a digital euro with online and offline functionality as Chainalysis details a record year for North Korea-linked crypto thefts. Plus, UniCredit tokenizes a structured note, Senator Lummis bows out, and Citi projects Bitcoin at $143,000 in 2026.

From SoFi’s bank issued stablecoin to the Fed’s policy shift, this week accelerated the build out of crypto’s core plumbing. We unpack ICE’s MoonPay talks, Coinbase’s prediction market lawsuits, and a new FDIC insured bank aiming to serve the on chain economy.

Coinbase moves into stocks and prediction markets and taps former UK chancellor George Osborne. The Senate punts crypto legislation to 2026 as Bitcoin cools, Aave closes its SEC chapter, and stablecoins eclipse Visa and PayPal on monthly volume.

Visa expands USDC settlement to U.S. banks, Binance offers a five million dollar bounty to expose fake listing agents, and a bipartisan bill proposes a federal crypto-fraud task force. Plus, K33 suggests long-term selling may be easing as funds and miners recalibrate after the autumn drawdown.

The FCA unveils its most detailed crypto proposals as markets slide into key U.S. data. Plus, Cathie Wood buys the dip, HashKey prices its IPO, and Hats Finance sets a front-end shutdown deadline.

JPMorgan takes money market yields on-chain as Cboe debuts U.S.-regulated perp-style futures, while the U.K. locks a 2027 crypto regime and the SEC confronts the privacy debate. Plus, Tether’s billion-euro bid for Juventus gets rebuffed — and what it means for partnerships ahead.