Ghana legalizes cryptocurrency and gives its central bank authority to regulate and license providers to reduce fraud and systemic risks. Ghana has legalized cryptocurrency trading by establishing a regulatory framework targeting the industry. Ghana’s parliament has passed the Virtual Asset Service Providers Bill into law, Bank of Ghana (BoG) Governor Johnson Asiama said, according to a report on Sunday by the state-owned Daily Graphic news agency. “Virtual asset trading is now legal, and no one will be arrested for engaging in cryptocurrency, but we now have a framework to manage the risks involved,” Asiama said on Friday at the BoG’s annual Nine Lessons, Carols and Thanksgiving Service. Read more
Crypto funds broke three weeks of net positive flows, after US investor sentiment took a hit following delays to the long-awaited CLARITY Act, set to reach the Senate in January 2026. Crypto investment products saw $952 million in outflows, marking the first red week in four, as investor sentiment took a hit due to delays to a key US crypto regulatory bill. Crypto exchange-traded products (ETPs) recorded $952 million in outflows, led by $555 million for Ether (ETH) funds and $460 million for Bitcoin (BTC) funds. The large-scale outflows were mainly attributed to delays to the Digital Asset Market Clarity Act, or Clarity Act, a matter that prolonged "regulatory uncertainty and concerns over whale selling," according to a CoinShares report published Monday. Read more
Binance let a network of 13 high‑risk accounts move $1.7 billion in crypto, including $144 million, after its 2023 US plea deal, according to the Financial Times. Binance reportedly continued to allow suspicious accounts to move funds in crypto even after the exchange pledged to tighten controls as part of its $4.3 billion US criminal settlement in 2023. According to internal data reviewed by the Financial Times, a network of 13 user accounts processed about $1.7 billion in transactions from 2021, including roughly $144 million after the November 2023 plea agreement. The files reportedly include Know-Your-Customer (KYC) documents, IP and device logs, and transaction histories for users in countries including Venezuela, Brazil, Syria, Niger and China. Read more
Critics say the decision to fast-track a brand ownership vote exposed weaknesses in how one of DeFi’s largest DAOs handles governance process. A governance vote at decentralized finance (DeFi) lending protocol Aave sparked a backlash from key stakeholders after a proposal on ownership of Aave's brand assets was escalated to a Snapshot vote amid unresolved discussion. The proposal asks the community whether Aave (AAVE) token holders should regain control over the protocol’s brand assets, including domains, social handles, naming rights and other intellectual property through a DAO-controlled legal vehicle. Aave founder Stani Kulechov said the community was interested in a decision, announcing that the proposal had been moved to a vote. Read more
Cantor Fitzgerald is predicting a HYPE rally to $200 by 2035, but rival DEXs are attracting a growing share of crypto traders as they emerge with lucrative reward farming systems. Decentralized perpetuals exchange Hyperliquid has been among crypto’s breakout projects in 2025, but rivals’ lucrative rewards systems are vying to lure investors away. Cantor Fitzgerald forecasts Hyperliquid’s HYPE (HYPE) token to surge to $200 by 2035. Hyunsu Jung, CEO of HYPE treasury company Hyperion DeFi argues that the surge will be fueled by the Hyperliquid Improvement Proposal 3 (HIP-3). "We see HIP-3 as the major driver of Hyperliquid’s next phase of growth, and as a key enabler of the valuation framework proposed by Cantor," Jung told Cointelegraph. Read more
Bitcoin approached $90,000 amid Santa rally speculation, backed by bullish derivatives and chart patterns that target a BTC price above $100,000. Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a “tactical” upside potential for BTC price. Key takeaways: Bitcoin is up 6.5% from recent lows, fueling "Santa Rally" hopes with targets up to $120,000. Read more
Hong Kong’s insurance regulator is reportedly weighing a proposal to let insurers invest in cryptocurrencies with a 100% capital charge. The Hong Kong Insurance Authority is reportedly proposing to allow insurance capital allocation to cryptocurrencies and infrastructure projects. Bloomberg reported on Monday that the city’s regulator started reviewing the risk-based capital regime to support the insurance industry and economic development. Crypto allocations would be subject to a 100% risk charge, meaning that the insurer would need regulatory capital roughly equal to the full value of its crypto position. Read more