Crypto News Round-Up — November 2025

This week saw major moves in the crypto space on several fronts. The Bank of England proposed looser stablecoin rules, and Brazil’s central bank announced stricter controls on virtual-asset transactions (Reuters). At the same time, Coinbase unveiled a new platform for early token sales (Reuters), and European authorities broke up a large cryptocurrency fraud ring (Tom’s Hardware).

• Bank of England Eases Stablecoin Rules
• Brazil Tightens Crypto Regulation
• Coinbase Launches Token-Sale Platform
• Europe Dismantles Major Crypto Fraud Ring

Bank of England Eases Stablecoin Rules

The Bank of England (BoE) has proposed a more flexible regulatory framework for stablecoins. Under the new plan, issuers of major stablecoins may invest up to 60% of their reserve assets in short-term government debt, instead of being required to hold 100% back at the central bank (www.reuters.com). The remaining 40% of reserves would still need to be held on deposit with the BoE. Deputy Governor Sarah Breeden said the changes—shaped by industry feedback—are meant to support the launch of Britain’s stablecoin regime in 2026. The BoE also kept controversial proposals that would cap how much crypto individuals and businesses may hold, and signaled that it may offer liquidity support to stablecoin issuers during market stress (Reuters).

• Encourages more stablecoin issuance by allowing issuers to earn yield on reserves.
• Marks a shift from the BoE’s earlier hardline 100%-reserve proposal.
• Maintains some safeguards (holding caps, liquidity backstop) to limit risks.

Brazil Tightens Crypto Regulation

Brazil’s central bank released comprehensive new rules for the cryptocurrency sector, as part of a legal framework approved in 2022 (www.reuters.com). The regulations, effective February 2026, require virtual asset service providers (such as exchanges and brokers) to obtain authorization and comply with anti-money laundering and counter-terrorism financing obligations. Fiat-pegged coins (stablecoins) are now officially classified as foreign exchange operations under the rules, meaning transfers of these tokens will be treated like FX trades. The rules also institute minimum standards for consumer protection, transparency, governance and security among crypto firms. The move comes amid rising crypto use in Brazil and is intended to curb fraud, scams and illicit finance in the digital asset space (Reuters).

• Implements Brazil’s 2022 crypto law, giving regulators broad oversight of virtual-asset firms.
• Brings stablecoins and crypto payments under existing foreign-exchange and banking laws.
• Aims to protect consumers and combat laundering in a fast-growing market.

Coinbase Launches Token-Sale Platform

Coinbase Global announced a new platform that lets retail investors participate in upcoming token sales before they are listed on the exchange (www.reuters.com). The launch of this platform caused Coinbase’s share price to rise noticeably on the news. Coinbase plans to hold roughly one public token sale per month, guided by an algorithmic allocation process, with investors queueing up purchase requests over a one-week window. This initiative is the first broad opportunity for U.S. users to take part in public token offerings since the ICO craze of 2017–2018. The exchange noted the platform addresses a common industry challenge: how to distribute new tokens to genuine users while ensuring sufficient liquidity on exchanges (www.reuters.com). Michael Saylor’s firm is not involved—the first token sale, by blockchain startup Monad, will be denominated in USD Coin (a stablecoin) and is expected next week (Reuters).

• Revives the previously dormant market for public token sales in the U.S., potentially boosting new blockchain projects.
• Using a stablecoin (USDC) for purchases may help reduce volatility during the sale.
• Increased retail demand could improve initial liquidity for new tokens and benefit Coinbase.

Europe Dismantles Major Crypto Fraud Ring

Law enforcement agencies from multiple European countries announced they have broken up a large crypto fraud and money-laundering network (www.tomshardware.com). Officials in France, Belgium, Spain and other nations arrested numerous suspects tied to false cryptocurrency investment platforms that stole an estimated $689 million from victims. The takedown of the network involved coordinated raids, cryptocurrency seizure and cooperation across borders. Investigators said the operation’s collapse should warn investors about the high risk of unregulated crypto schemes. (Tom’s Hardware)

• Highlights that international authorities are increasingly cracking down on crypto scams.
• Reminds investors that even seemingly high-tech schemes can be fraudulent.
• May lead to partial recovery of stolen funds and greater scrutiny of crypto businesses.

Crypto markets remain highly volatile. This roundup is for informational purposes only and is not financial advice. Always do your own research before investing.

Bottom Line

The crypto sector is rapidly evolving in response to both regulatory pressure and investor demand. New rules from the UK and Brazil show governments moving to formalize and secure the market, while exchanges like Coinbase are finding novel ways to serve customers. These developments may strengthen the industry by adding transparency and new products, but they occur against a backdrop of high volatility and risk. Investors should watch how these changes play out and proceed cautiously.