U.S. stablecoin regulation moved forward with the OCC’s final GENIUS Act rules, while crypto markets were shaped by Bitcoin’s price action, ongoing Ether ETF outflows, and fresh developments in Solana, PancakeSwap, Zcash and Dogecoin.
OCC finalizes first GENIUS Act stablecoin rules
The Office of the Comptroller of the Currency completed its final rule under the GENIUS Act, covering payment stablecoin issuance and some custody activities. The framework is set to take effect in mid-January, and the rule sets reserve, redemption and risk standards for issuers. The OCC has not yet said when it will begin accepting applications.
Sources: Cointelegraph, Decrypt, CoinDesk
Bitcoin holds the spotlight as analysts and funds stay active
Bitcoin traded around the low-$80,000 range and briefly moved above $83,000, with traders watching resistance near $87,000. Separately, JPMorgan’s long-term outlook put Bitcoin ahead of major traditional asset classes over the next 10 to 15 years, while U.S. spot Bitcoin ETFs posted a strong intake on Monday after a previous spike in inflows.
Sources: Cointelegraph, CoinDesk, Cointelegraph, Decrypt, Decrypt
Ether ETFs keep bleeding as flows diverge
U.S. spot Ether ETFs continued to see outflows, with October losses reaching about $1.08 billion. The month’s redemptions were described as the biggest monthly outflow of 2026 so far, while Bitcoin ETF inflows slowed after an earlier jump.
Sources: Cointelegraph, Decrypt
Solana, PancakeSwap and Zcash each show protocol-specific momentum
Solana’s Alpenglow upgrade is scheduled to go live Wednesday, replacing the network’s current voting system and targeting roughly 150-millisecond finality after testing. PancakeSwap’s TVL rose above $380 million as a fee-sharing proposal headed to a vote that would direct 88% of swap fees to liquidity providers and cut CAKE emissions by 69%. Zcash also extended gains after developers set a date for its next network upgrade.
Sources: Cointelegraph, CoinDesk, CoinDesk
Policy pressure builds around exchanges and DeFi access
French authorities proposed changes that would require crypto exchanges to check DeFi protocols and could make them liable for certain customer losses tied to DeFi access. In the U.K., a report said banks drew 10,000 complaints in 90 days over blocked crypto transfers.
Sources: Cointelegraph, Decrypt