The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

On December 15, HyperInsight monitoring data indicates that a "whale" has continuously added 300 ETH to its Ethereum long position over nearly 3 hours. As of press time, its 25x leveraged Ethereum long position has expanded to $11.82 million in size, totaling 3,750 ETH.

On December 15, Moca Network rolled out the beta of MocaProof—its digital identity and reputation platform—deployed on the Moca Chain testnet. The platform lets users build verifiable digital identities and reputations by verifying on-chain and off-chain credentials. Concurrently, MocaProof has launched a $50,000 incentive campaign aimed at the NFT community.

Dec. 15 — Market analyst Gabriel Rubin says U.S. Treasury Secretary Janet Yellen’s tight grip on the selection process for the next Federal Reserve Chair means whoever takes the role will be significantly influenced by her. Per government statements, Yellen has laid out clear criteria for Jerome Powell’s successor: any regulatory agenda must align with the White House; interest rates should be cut sharply, as concerns over tariff-driven inflation are overblown; and government debt issuance and management should fall to the Treasury, not the Fed. Rubin also warns the U.S. will eventually face another economic or financial crisis. A weakened Fed’s independence means more power will shift to the government when a crisis strikes. The central bank relies on public trust and confidence to curb inflation and maintain healthy credit conditions — assets the Trump-era Treasury Department couldn’t deliver.

As of December 15, Bloomberg reports the Bank of Japan (BOJ) will begin gradually offloading its ETF holdings as early as January 2026—a process expected to take decades to avoid market disruption. As of the end of September, the BOJ’s ETF holdings had a market value of roughly 83 trillion yen (about $753 billion) and a book value of around 37.1 trillion yen. The disposal principles were set at the bank’s September policy meeting.

**Circle (CRCL) Gets Conditional OCC Nod for National Trust Bank** On December 15, Circle (CRCL) announced it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to launch a national trust bank. The move will let the firm enhance USDC reserve oversight and offer institutional-grade custody services—but its stock price saw no meaningful uptick after the news. BiyaPay analysts say the development is a **long-term compliance win**, not an immediate profit driver. They note the market may have already priced in the news, with capital likely following the “buy the rumor, sell the fact” playbook. For users, BiyaPay keeps delivering seamless multi-asset trading: it supports USDT trading for U.S. stocks, Hong Kong stocks, and futures, plus zero-fee trading on crypto spot contracts. ### Notes on U.S. English adaptation: 1. **Conciseness**: Cut redundant phrases (e.g., “in the future” → implied via “will let”; “did not see a significant in

**WEEX Labs Launches Global Hackathon ‘AI Wars: WEEX Alpha Awakens’ in Dubai** On December 15, WEEX Labs announced the kickoff of *AI Wars: WEEX Alpha Awakens*—a global hackathon running from November 20, 2025, to March 3, 2026, in Dubai. Focused on AI innovation and decentralized trading, the event aims to accelerate progress in algorithmic trading, risk management, and financial intelligence. By empowering developers, teams, and researchers to leverage WEEX’s data, technology, and infrastructure to build, test, and showcase intelligent trading systems, the hackathon has drawn top talent across AI, blockchain, and fintech—fueling practical growth in the global crypto trading ecosystem. Participants (developers, researchers, professionals, and businesses) compete for a total prize pool of up to $880,000 USDT, distributed across four cutting-edge categories. **Key Timeline**: - Pre-registration: Now through December 30 - Online Qualifiers: Early January 2026 - Finals: