The CFTC launched a digital assets pilot program allowing futures commission merchants to accept Bitcoin, Ether, and USDC as customer margin collateral in derivatives markets.

In a House Committee on Financial Services Final Report, staff "identified a pattern of Biden Administration prudential regulators abusing their regulatory, supervisory, and enforcement authorities to push entities involved in the digital asset ecosystem out of the U.S. financial system."

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation rescinded prior instructions regarding leveraged lending and directed banks to apply general risk management principles.

The Office of the Comptroller of the Currency updated its supervisory expectations on the risk management of commercial loans to companies in early or late stages of corporate development.

The Securities and Exchange Commission’s Crypto Task Force will hold a Roundtable on Financial Surveillance and Privacy on December 15, 2025.