In an interview, Musk reflected on the government efficiency department DOGE that he led, describing it as "somewhat successful," but said that if he could choose again, he would focus on his own companies. He discussed the need for the government to reduce intervention and recalled his experiences in Washington, as well as topics such as immigration policy, AI, and space exploration.

Weng Xiaoqi: The strategic value brought by Fusaka far exceeds its current market pricing and is worth a reassessment of Ethereum's long-term investment value by all institutions.
Author: Weng Xiaoqi
Source: FT Chinese
In the late autumn of 2025, the global crypto asset market experienced a sharp correction, with price panic and liquidity concerns reaching their most "extreme" levels since 2022. However, while widespread pessimism shrouded the market, the public collectively overlooked another event of greater strategic significance—the Fusaka upgrade completed by Ethereum on December 3.
In previous years, Ethereum upgrades always began warming up half a year in advance; this year, due to bearish market sentiment, the upgrade barely entered the public's view. However, through our analysis, we found that Fusaka is not a simple technical patch. It is an adjustment to Ethereum's economic model and ecosystem performance, systematically addressing issues that have troubled many

U.S. SEC Chairman Paul Atkins stated that an "innovation exemption" framework for cryptocurrencies will be introduced next year to reduce compliance costs and encourage innovation. Meanwhile, he is paying attention to the issue of token classification and looks forward to Congress advancing relevant regulatory bills.

ME News, on December 10 (UTC+8), SlowMist founder Yu Jian commented on "Arkham's de-anonymization of over half of Zcash (ZEC) transactions," saying that the high proportion of Zcash transactions that can be traced is nothing new. Back when the privacy coin concept was hot in the previous cycle, Zcash was already like this. It does not enforce privacy by default; instead, users can choose. For example, addresses starting with "z" are strongly private, while those starting with "t" are transparent and traceable. This design makes Zcash more understandable to regulators compared to privacy coins like Monero (XMR), which enforce strong privacy by default. Currently, almost all Zcash addresses on mainstream platforms start with "t," which shows that the group truly concerned about privacy is very, very small, and catering to regulation is the path forward for platforms. Compared to the truly hardcore Monero, Zcash's privacy design strikes a balance.

At the Blockchain Association Summit, U.S. SEC Chairman Paul Atkins stated that many initial coin offerings should be considered non-securities transactions and are not under the SEC's jurisdiction. He mentioned a token classification framework that treats network tokens, digital collectibles, and digital utilities as non-securities. The SEC would only regulate tokenized securities, leaving other matters to the CFTC.

According to ME news, on December 10 (UTC+8), Roxom announced the launch of the world’s first global securities exchange fully denominated and settled in Bitcoin. The platform allows investors to directly use BTC to buy and sell shares of listed companies that hold Bitcoin assets, bypassing fiat currency, banks, and traditional brokers. Roxom co-founder and CEO Borja Martel Seward stated that for Bitcoin holders looking to accumulate more BTC, the stocks of companies focused on asset reserves have become a key part of the investment landscape. Roxom is bringing all these companies together in one place for the first time, with all metrics, prices, and signals denominated in Bitcoin. The launch of the exchange will be rolled out in phases through a global waitlist. Early users can gain exposure through tokenized stocks, which will be priced and settled in Bitcoin from day one.

ME News, on December 9 (UTC+8), Bitcoin asset reserve company Twenty One Capital, backed by stablecoin giant Tether and SoftBank Group, saw its stock price plummet on its first day of trading. The company’s stock ticker is XXI, and it dropped 24% on Tuesday morning. Twenty One Capital went public on the New York Stock Exchange through a merger with special purpose acquisition company Cantor Equity Partners. Twenty One holds 43,514 bitcoins, worth about $4 billion at current prices. According to bitcointreasuries.net, the company is second only to Michael Saylor’s

Hong Kong is seeking public comments on the implementation of CARF and amendments to tax reporting standards, aiming to combat cross-border tax evasion and promote international tax cooperation. The Secretary for Financial Services and the Treasury stated that both CARF and CRS are OECD initiatives, and many countries have already committed to adopting them in the coming years.

The enterprise AI status report released by OpenAI shows that there are over 800 million weekly active users, 1 million enterprises paying for AI products, and 7 million paid seats for ChatGPT workplace products. 75% of employees use AI to accomplish tasks they couldn't handle before, and AI is breaking traditional job boundaries.

Coinfound & ME jointly produce the Crypto Concept Stocks Weekly Report, reviewing noteworthy information from the past week in the segmented crypto concept stock market.
Article author, source: ME
\ From December 2 to 9, the crypto market experienced intense volatility, with a rapid drop followed by a rebound correction. BTC sharply pulled back to the $83,000–$86,000 range at the beginning of the week, then gradually recovered losses from December 3 to 7, climbing back above $90,000. ETH and other major assets rebounded in sync overall, but lacked individual trends.
News:
\ The world's largest enterprise Bitcoin holder, MicroStrategy (NASDAQ: MSTR), announced the purchase of 10,624 BTC at an average price of $90,600 each, totaling $962.7 million, funded by $928.1 million in stock sales.
\ TD

The US NFIB Small Business Optimism Index rose to 99.0 in November, driven by improved sales expectations, with six sub-indexes increasing. However, the Uncertainty Index also rose, the labor market remains challenging, and the job vacancy rate climbed to 33%. About 19% of business owners plan to add new employees, and inflation remains a major concern.

This forum marks a critical stage in the systematic evolution of the Web3 industry, discussing multi-dimensional topics such as asset security and technological innovation, emphasizing the importance of digital asset regulation, and proposing directions and opportunities for future industry development.

In November 2025, the UAE Central Bank officially implemented Federal Decree No. 6, for the first time bringing the entire chain of decentralized finance (DeFi), Web3 projects, stablecoin protocols, cross-chain bridges, and even middleware under the central bank's regulatory system. Violators face fines of up to 1 billion dirhams (approximately $272 million) or criminal penalties.
Article author, source: RWA Research Institute
The global Web3 community is facing the strictest regulatory storm in history! In November 2025, the UAE Central Bank officially implemented Federal Decree No. 6, for the first time bringing the entire chain of decentralized finance (DeFi), Web3 projects, stablecoin protocols, cross-chain bridges, and even middleware under the central bank's regulatory system. Violators face fines of up to 1 billion dirhams (approximately $272 million) or criminal penalties. This has been referred to within the industry as a "global milestone in digital asset regulation."

ME News, December 9 (UTC+8), according to Trend News monitoring, from the moment the LORB token was issued, the Leviathan Lobster Cult was officially established. Everything this lobster has done is just like Jesus, well, this religion basically just replaces Jesus with a giant lobster. But every time we buy a memecoin, we praise it, worship it, and promote it to our friends just like we’re following a religion, don’t we? Even the nonsensical Leviathan Lobster is like this—in fact, every time we buy a token, we are believing in the narrative and ideals it represents. Currently, the token's market cap is 400k, and the 24-hour trading volume has reached 1.4M. People are frantically spreading and hyping it in the community, just like a group of fanatics from a fringe religion—and in fact, that's pretty much the case. We are a bunch of diehard followers of niche meme cults.