KLEA Crypto Daily: Thursday, December 04, 2025

Published: December 5, 2025 – 00:03 UTC

Here’s a look back at the key stories from December 04, 2025.

IMF Economists Call for Unified Stablecoin Oversight as Risks Escalate

Stablecoins’ rapid global expansion is reshaping financial access and payments, offering new efficiencies while raising urgent concerns over monetary control and regulatory gaps that policymakers worldwide are now scrambling to confront. The International Monetary Fund (IMF) warns of expanding stablecoin influence.

Fusaka Upgrade: Experts Defend Arbitrary-Looking Gas Cap, Call It Key to Parallelization

Ethereum's Fusaka upgrade raised the block gas limit to 60M and introduced a per-transaction cap of 16.78M gas, enabling parallelization and scalability, driving ETH to $3,222.

SEC Approves 2x Leveraged ETF Tied to SUI Amid Crypto Leverage Wipeout

The SEC's approval of a 2x leveraged ETF tied to SUI comes as regulators warn about excessive leverage amplifying volatility in crypto markets, signaling a significant development.

Bitcoin Could See a ‘Relief Bounce’ as Market Shows Early Stabilization, Analysts Say

Bitcoin is showing signs of recovery after a rough period in the ever-changing world of cryptocurrencies. With BTC selling at $91,440 as of Thursday, analysts are optimistic about a potential relief bounce following recent market stabilization.

CFTC Gives Green Light to Spot Crypto Trading as Bitnomial Exchange Readies for Launch

Acting CFTC Chair Caroline Pham described the approval of spot crypto trading as unprecedented, signaling a significant development in the crypto trading landscape as Bitnomial Exchange prepares for its launch.

Solana Forms Bullish ‘W’ Pattern — Is a Breakout to $165 Next?

Solana is showing early signs of a potential recovery after forming a classic “W” pattern on its 12-hour chart. This bullish structure could lead to a decisive upward move, supported by improving sentiment among long-term holders.

Chinese State-Owned Bank Issues $600M Onchain Digital Yuan Bonds

A state-owned bank in China has issued one of the country’s first-ever commercial bonds on a blockchain. Huaxia Bank distributed the bonds to customers paying exclusively in China’s central bank digital currency, or CBDC, eliminating the need for intermediaries and paving the way for more Chinese firms to launch blockchain-powered loans.

Wall Street Braces as Bitcoin Goes Public for the First Time

Wall Street prepares for a significant shift as a Bitcoin-native company is set to debut on the NYSE following a major merger approval, consolidating billions in Bitcoin and marking a milestone in the convergence of crypto and traditional markets.

Citadel Tells SEC DeFi Should Be Regulated as Exchanges and Broker-Dealers

Citadel Securities urges the SEC to classify decentralized finance (DeFi) platforms as regulated exchanges or broker-dealers, sparking backlash within the crypto industry over the potential threat to DeFi's open and permissionless nature.

Exclusive Data Reveals Decrease in Ethereum Sandwich Attacks

Exclusive data from EigenPhi shows a decline in sandwich attacks on Ethereum, which have previously resulted in significant losses for traders. Despite hitting hundreds of traders each month, these attacks have waned recently.

Pepe Memecoin Website Exploited, Users Warned of Malware

The Pepe memecoin website has been targeted by a front-end attack, redirecting users to malware. Visitors are advised to avoid the website to prevent potential security risks.

Thailand Busts $8.6M Bitcoin Mining Operations Funding ‘Chinese Scam Networks'

Southeast Asian nations are cracking down on illegal Bitcoin mining operations that drain power grids and fund cybercrime networks, with Thailand recently uncovering an $8.6 million operation linked to Chinese scam networks.

Charles Schwab Plans Crypto Trading Expansion for First Half of 2026

Charles Schwab is set to launch spot crypto trading in the first half of 2026, signaling a significant expansion into digital asset markets as confirmed by CEO Rick Wurster at the Reuters Next conference.

I-ON Digital Corp. Deploys $200M in AUM Backed by In Situ Gold as Treasury Expands Its RWA Strategies

I-ON Digital Corp. secures over $200 million in in-situ gold reserves to advance its tokenization, treasury management, and liquidity-deployment strategies within its expanding real-world-asset ecosystem.

Phemex Ignites Year-End Trading Frenzy with $450,000 Futures Apex Competition

Phemex launches a global year-end trading competition with a $450,000 USDT prize pool, emphasizing inclusivity for traders of all levels and styles, reinforcing its commitment to building a rewarding derivatives ecosystem.

Bitcoin Policy Institute Calls for Samourai Pardon as Petition Tops 3,200

A Washington think tank and prominent Bitcoiners are advocating for the pardon of Samourai Wallet developers, who face charges related to being an "unlicensed money transmitter." This move is seen as a pushback against criminalizing non-custodial code in the crypto space.

Citadel Securities Turns Against DeFi While Pouring $500 Million into Ripple

Citadel Securities has taken a contradictory stance by opposing regulatory exemptions for decentralized finance (DeFi) while investing $500 million in Ripple. This highlights the growing divide between institutional support for compliant blockchain infrastructure and skepticism towards fully decentralized protocols.

Source: KLEA News