About 40% of Canadian crypto users are failing to report taxes or are at high risk of non-compliance, making enforcement difficult. The CRA has recovered millions through audits but faces challenges due to anonymous transactions, while new laws and reporting rules are planned for 2026 to improve oversight.
WeatherlyTempo has launched its public testnet, allowing companies to build stablecoin payment applications on a blockchain designed specifically for fast, low-fee transactions. The project has drawn support from banks, fintech firms, and tech companies, with early tests covering remittances, tokenised deposits, and AI-driven billing.
WeatherlyFrench fintech Lyzi has partnered with Porsche and Lamborghini to let customers pay for luxury cars using cryptocurrencies, including Bitcoin, USDC, and over 80 other digital assets. Payments are converted instantly into euros, protecting dealerships from crypto price changes and providing a smooth wallet-to-terminal experience.
AnaisA San Jose widow lost nearly $1 million after an online romance led her into a fake crypto investment scam. She followed the man’s instructions, drained her savings and took out a second mortgage before realising it was a fraud.
WeatherlyUpbit lost around $31 million when hackers stole funds from its Solana hot wallet. The exchange moved nearly all customer assets offline into cold storage and will fully cover the losses from its own reserves.
AnaisA new mobile game, Trump Billionaires Club, is set to launch on 30 December, letting players earn rewards using the TRUMP memecoin. The game mixes board game mechanics with optional crypto features and pre-launch airdrops to engage early users.
WeatherlySingapore became the world’s top country for crypto adoption, overtaking the United States in a global ranking by Bybit and DL Research. The report found strong regulation, high public use and deep institutional support helped crypto become part of everyday life in Singapore.
WeatherlyCrypto investors bought a 69-million-year-old triceratops skeleton for about US$5 million and are increasingly investing in physical assets. NFT sales have fallen sharply, with November 2025 volume at US$320 million and the sector’s market value down 66% from its January peak.
AnaisDisney invested US$1 billion in OpenAI and licensed hundreds of its characters for use in an AI video platform. The deal lets users create short videos with Disney, Pixar, Marvel and Star Wars characters, with a selection shown on Disney+.
WeatherlyNorth Korean hackers are using fake video calls and hijacked accounts to trick crypto users into installing malware. The attacks give them full control of devices, allowing them to steal crypto wallets and spread the scam through trusted contacts.
Anais