FameEX Morning Crypto News Recap | December 3, 2025
2025-12-03 03:53:05New Fed Chairman Announcement from Trump Expected Early 2026
President Trump announced he will name Jerome Powell’s successor as Fed Chair in early 2026. Treasury Secretary Scott Bessent is not interested.
New SEC Rules Incoming: IPO Support Plus Cryptocurrency Exemption
SEC Chairman Paul Atkins announced reforms to curb lawsuits, simplify IPOs, and revive public markets. A new cryptocurrency innovation exemption launches in January 2026.
Ethereum Surpasses Bitcoin in Futures Trading Volume on CME in Landmark First
Ethereum futures trading volume on CME has surpassed Bitcoin’s for the first time ever. CME’s Priyanka Jain attributed the surge to Ethereum options’ higher volatility.
Strategy Prepares to Roll Out Bitcoin Lending Products
On Dec 3, market reports revealed Strategy is exploring the launch of Bitcoin-backed lending services in the near future.
Standard Chartered Predicts Total Replacement of Financial Systems by Blockchain
Standard Chartered’s global head of corporate and investment banking stated that traditional banking services will migrate to emerging technologies, with blockchain set to replace current financial market infrastructure. The bank is actively developing and deploying tokenized deposits, stablecoins, and central bank digital currencies (CBDCs) to lead this transformation.
Ex-SEC Chair Gary Gensler: Declares All Cryptocurrencies Except Bitcoin “Highly Speculative”
Former SEC Chairman Gary Gensler stated cryptocurrencies are highly speculative and volatile assets, with Bitcoin as the only exception due to its established status and relative maturity.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.