according to the "Interim Measures for the Administration of Generative Artificial Intelligence Services," as of December 31, 2025, Beijing has added 4 newly registered generative AI services, with a total of 209 generative AI services registered. Launched generative AI applications or functions should prominently display or disclose on the product detail page the use of registered generative AI services, indicating the model name and registration number, and add synthetic content identification according to the "Measures for the Identification of AI-Generated Synthetic Content." (Cyberspace Administration of Beijing)

according to Sentora data, yield-bearing stablecoins have generated over $250 million in returns in 2025. Returns provided by sUSDe account for 24.9%, BlackRock's BUIDL returns account for 9.7%, and sUSDS returns account for 14.2%.

On December 31, the U.S. Securities and Exchange Commission (SEC) initiated a review process for the proposal submitted by the Chicago Board Options Exchange (Cboe) to amend Rule 5.4, in order to decide whether to approve the adjustment of the minimum tick size for options on the Cboe Mini Bitcoin U.S. ETF Index (MBTX). The proposal plans to set the minimum tick size for option series with prices below $3 at $0.01, and for series with prices at $3 and above at $0.05. The SEC is currently seeking public comments on the proposal, with a deadline of January 21, 2026.

On December 31, according to the announcement by the Korea Financial Intelligence Unit (FIU), regarding the cryptocurrency exchange Korbit's violation of the anti-money laundering (AML) obligations stipulated in the Act on Reporting and Using Specified Financial Transaction Information, the FIU decided to impose an "institutional warning" sanction on it and a fine of 2.73 billion Korean won (approximately 1.88 million USD). In addition, the FIU issued a "caution" sanction to its representative director and a "reprimand" sanction to the person responsible for anti-money laundering reporting.

This sanction involves three major violations found during the FIU's on-site inspection of Korbit from October 16 to October 29, 2024: Korbit had about 22,000 cases of customer identity verification (CDD) and transaction restriction violations, including accepting vague identification documents, allowing transactions with incomplete customer information, and failing to perform periodic customer re-verification obligations; conducted 19 asset transfer transactions with three undeclared overseas virtual asset service providers; and failed to perform the required money laundering risk assessment obligations before listing 655 new assets including NFTs.

 according to Arkham monitoring data, the wallet suspected to be associated with the Aster team "0x4786" has been repurchasing tokens daily over the past week, and today again bought ASTER worth $400,000. As of now, this wallet holds ASTER worth $2.5 million. In addition, about four hours ago, a market participant "0x7a81" withdrew approximately 530,000 ASTER from Binance and currently holds nearly 1.21 million ASTER.

according to The Wall Street Journal, the Financial Accounting Standards Board (FASB) plans to explore in 2026 whether certain stablecoins qualify as "cash equivalents" and study how to account for crypto asset transfers (including Wrapped Tokens). This move comes in the context of the Trump administration promoting crypto policies and the passage of the Genius Act.

FASB Chairman Rich Jones stated that the agency has placed these crypto projects on the agenda. Previously, in 2023, FASB required companies to use fair value accounting for crypto assets such as Ethereum and Bitcoin, but the rule at that time excluded NFTs and certain stablecoins.

 the onshore RMB against the US dollar closed at 6.9890 at 16:30 on December 31, up 11 points compared to the previous trading day.

 according to Lookonchain monitoring, the TRUMP Meme Team official wallet withdrew 330 million USDC from the liquidity pool and deposited it into Coinbase. In the past month, the TRUMP Meme Team official wallet has cumulatively withdrawn 940 million USDC from the liquidity pool and deposited it into Coinbase.

 Kimi, the dark side of the moon, recently completed a $500 million Series C financing round, with IDG leading the investment of $150 million. Alibaba, Tencent, Wang Huiwen, and other existing shareholders oversubscribed, with a post-investment valuation of $4.3 billion.

It is understood that Wang Huiwen has cumulatively invested $70 million in Kimi. "They completed the financing in less than two months, which is considered oversubscription," said a person close to Kimi, noting that the enthusiasm in the primary market for the company exceeded expectations. On December 31, Yang Zhilin, founder and CEO of Kimi, issued an internal letter stating that the company has over 10 billion RMB in cash reserves. This scale is comparable to the post-IPO cash reserves of Zhipu and MiniMax: as of June 2025, Zhipu has 2.55 billion RMB in cash, with an IPO expected to raise about 3.8 billion RMB. As of September 2025, MiniMax has 7.35 billion RMB in cash, with an IPO expected to raise 3.4-3.8 billion RMB. The aforementioned person said this means Kimi "does not need to rush to IPO." (LatePost)

 Bitcoin rose slightly on the last day of 2025 but remains trapped below the key level of $90,000 and is expected to decline over the annual line. Data from the London Stock Exchange Group shows that boosted by optimism towards US President Trump's pro-cryptocurrency agenda, the cryptocurrency reached a record high of $126,223 in October. However, the cryptocurrency then fell sharply due to profit-taking, widespread risk aversion sentiment, and disappointment over the regulatory momentum for digital assets. Bitcoin latest rose 0.4% to $88,535, but the recent months' decline makes it likely to fall more than 5% for the year. (Sina Finance)