Over the past week, the cryptocurrency market has witnessed many notable events. Let's take a look back at the hottest crypto news of the past week with Allinstation!
Juventus rejected Tether 's buyout offer.
Juventus' controlling shareholder has officially rejected a takeover bid from Tether, the company behind the popular USDT stablecoin. According to the announcement, Exor NV – the investment group of the Agnelli family and currently the controlling shareholder of Juventus – stated that the board of directors unanimously rejected Tether's proposal to acquire Juventus shares, and emphasized that Exor has no plans to sell the club's shares to a third party.
Details: Juventus Rejects Tether 's Buyout Offer
OKX detected price manipulation on OM, froze several related accounts, and reported the matter to the authorities.
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The OKX cryptocurrency exchange recently issued an official statement regarding the significant volatility surrounding the OM Token , confirming that it has discovered clear evidence of organized price manipulation and has now forwarded all relevant documents to regulatory and law enforcement agencies, while initiating necessary legal proceedings.
Details: OKX Detects Price Manipulation by OM, Freezes Multiple Related Accounts, and Reports to Authorities.
The Decree on administrative penalties for violations related to cryptographic assets has been finalized and is about to be submitted to the Government.
At the Vietnam Capital Market Outlook Forum 2026, themed “Breaking Through on a New Platform,” held on the afternoon of December 12th in Hanoi, Vice Chairman of the State Securities Commission Bui Hoang Hai Chia noteworthy information regarding the roadmap for the formation and operation of the cryptocurrency market in Vietnam. The event, jointly organized by the Vietnam Financial Advisory Association and VietnamFinance magazine, attracted significant attention from the financial, technology, and investment communities.
Bloomberg: Tether is planning to raise $20 billion through a stock offering.
Tether – the company behind USDT, the market's largest stablecoin – is planning to raise up to $20 billion through a stock offering , and is also XEM Tokenize shares after the deal is completed. This is XEM as Tether 's most aggressive expansion since stablecoin revenue surged during the market recovery.
Details: Bloomberg: Tether is planning to raise $20 billion through a public offering.
A 0.1% tax will be applied to the transfer of digital assets starting July 1, 2026.
The amended Personal Income Tax Law, passed by the National Assembly on December 10th, officially adds income from the transfer of digital assets to the taxable list, marking a significant step in completing the legal framework for Vietnam's digital economy. This regulation will take effect from July 1st, 2026, and has attracted considerable attention from both the digital asset investment community and technology companies.
Details: A 0.1% tax will be applied to the transfer of digital assets starting July 1, 2026.
Seven Chinese financial associations have issued warnings about Pi Network, calling it a "virtual currency with no real value."
Seven major Chinese financial associations have simultaneously issued warnings about serious risks associated with digital assets. Notably, in a joint statement published last weekend, these organizations specifically named Pi Network, calling it a "virtual currency with no real value," sparking considerable debate in the international community.
Hanoi will inject 600 billion VND in seed Capital for digital assets.
The cryptocurrency ecosystem in Vietnam is entering a more clearly defined phase as Hanoi aggressively implements new policies and injects 600 billion VND in seed Capital to boost the digital asset sector. This is XEM a significant move in the context of Vietnam accelerating its transition to a digital economy and pursuing high growth targets in the 2026-2030 period.
Details:Hanoi to Inject 600 Billion VND in Capital for Digital Assets
Hanoi is about to open a technology exchange, which may include digital assets.
At the Vietnam Corporate Governance Forum 2025 (VCG Forum 2025), themed "Unlocking the Potential of Digital Assets," held on the afternoon of December 10th in Hanoi, Mr. Tran Anh Tuan – Director of the Hanoi Department of Science and Technology – announced that the city will officially launch its Technology Exchange Platform on December 22nd. Notably, this system may also integrate a Digital Asset Exchange function, leveraging the specific mechanisms in the amended Capital City Law to create a transparent and controlled environment for emerging asset types such as Tokenize physical assets or intellectual property.
Details: Hanoi to Open Technology Exchange Platform, Possibly Including Digital Assets
The Ministry of Finance has established a Market Management Board for Cryptocurrency Trading.
On December 10th, the Vietnamese financial market witnessed a significant turning point when the State Securities Commission officially held a conference to announce the Minister of Finance's decision to establish the Cryptocurrency Trading Market Management Board. This is XEM as a milestone demonstrating Vietnam's determination to build a transparent, closely supervised digital asset ecosystem that aligns with the global pace of digital transformation.
Details: Ministry of Finance Establishes Market Management Board for Cryptocurrency Trading
A 0.1% tax will be applied to the transfer of digital assets starting July 1, 2026.
The amended Personal Income Tax Law, passed by the National Assembly on December 10th, officially adds income from the transfer of digital assets to the taxable list, marking a significant step in completing the legal framework for Vietnam's digital economy. This regulation will take effect from July 1st, 2026, and has attracted considerable attention from both the digital asset investment community and technology companies.
Details: A 0.1% tax will be applied to the transfer of digital assets starting July 1, 2026.
Sei has partnered with Xiaomi, integrating a digital wallet into the company's phone models.
Sei has just announced a major step in its global Web3 expansion strategy by officially partnering with Xiaomi – a consumer electronics giant that ranks among the top three in the world in smartphone sales. According to the announcement on December 10th, all new Xiaomi phones sold in international markets (excluding mainland China and the US) will come pre-installed with Sei 's next-generation cryptocurrency wallet and DApp discovery application. Furthermore, the two parties are also working to integrate stablecoin-based payment systems into Xiaomi's global retail ecosystem.
Details: Sei partners with Xiaomi, integrating digital wallets into the company's phone models.
The SEC has officially closed its investigation into Ondo Finance (ONDO).
The U.S. Securities and Exchange Commission (SEC) has officially closed its two-year investigation into Ondo Finance without bringing any charges, marking a rare positive development for the digital asset sector in the U.S. during years of intense scrutiny.
Details: SEC Officially Closes Investigation into Ondo Finance (ONDO)
YouTube is allowing content creators to receive revenue from digital assets for the first time.
YouTube has just made a major breakthrough in the digital payments field by officially allowing content creators in the United States to receive revenue in PYUSD – a stablecoin issued by PayPal. This is the first time a global video platform with billions of users has integrated a stablecoin into its payment system, marking a clear shift of the digital content industry towards blockchain financial infrastructure.
Details: YouTube Allows Content Creators to Receive Revenue from Digital Assets for the First Time
Do Kwon has been officially sentenced to 15 years in prison in the US.
Do Kwon, the founder of Terraform Labs, has been sentenced to 15 years in prison in the Southern District of New York for Vai in the collapse of the LUNA and TerraUSD ecosystems, an event that wiped out approximately $40 billion from the cryptocurrency market in 2022. This is XEM one of the biggest disasters in crypto history, creating a domino effect that led to the bankruptcy of many investment funds, exchanges, and related projects.
Details: Do Kwon Officially Sentenced to 15 Years in Prison in the US
io.net will restructure its tokenomics, aiming to reduce the number of circulating IO Token by 50%.
The decentralized computing platform IO.NET has just announced the Litepaper version for its new Token economic mechanism called Incentive Dynamic Engine (IDE). This is XEM a significant step in restructuring the entire operating model of the DePIN ecosystem built by the project. IDE is introduced as a Token economic model based on real demand, replacing the previously existing Capital issuance mechanism. The transition to IDE not only helps IO.NET reduce its reliance on printing additional Token but also aims to create a sustainable network that operates according to market signals and the actual demand for AI computing.
Bhutan launches gold-backed Token on Solana.
Bhutan has recently garnered attention in the global cryptocurrency community with the official launch of TER , a gold-backed Token backed by the country and deployed directly on the Solana network. This is XEM as the next step in Bhutan's long-standing national blockchain strategy, placing the country among the leading nations in Token real assets.
Details: Bhutan Launches Gold-Backed Token on Solana
Malaysian royal family launches stablecoin Peg to the ringgit.
The Malaysian royal family has officially introduced the first stablecoin Peg to the ringgit, a strategic move aimed at reshaping cross-border payments in the Asia-Pacific (APAC) region. This move comes at a time when the APAC stablecoin market is booming and is considered by many international reports to be the fastest-growing region in the world in terms of stablecoin adoption, especially as major countries like China, Japan, and South Korea are actively experimenting with digital payments.
Details: Malaysian Royal Family Launches Peg Stablecoin in Ringgit
Strive plans to raise $500 million to buy more Bitcoin.
Strive – a structured finance firm listed on Nasdaq and known for its Bitcoin holding strategy – has just announced plans to launch a $500 million at-the-market (ATM) offering of Variable Rate Series A Perpetual Preferred Stock (SATA). This is a significant move amid a surge in corporate Bitcoin investment demand following the 2024 election, when President Donald Trump declared strong support for expanding the digital asset infrastructure in the US.
