The UK government has abandoned its proposal to allow AI companies to use copyrighted content for model training under an "opt-out" mechanism, following opposition from multiple stakeholders. The technology minister stated that feedback was heard, with no alternative proposal currently in place. The balance between creator rights and AI industry development remains a topic for further discussion.

The Across development team plans to convert DAO governance into private company management, leading to an increase in ACX token prices. The new structure aims to improve the company's ability to sign commercial contracts and stabilize revenue, while allowing token holders to exchange their tokens for company shares at a 1:1 ratio or opt for buybacks at prices above market value. This transition could spark a new wave of growth in blockchain technology and is regarded as a significant example in the evolution of crypto governance models.

PANews December 18 News, according to Cointelegraph, a class-action lawsuit has been filed against Silvergate Bank, a crypto-friendly bank in California, and is now calling on users related to FTX or Alameda Research accounts to participate in claims. A group of investors is urging Silvergate users who deposited fiat currency into "accounts related to FTX or Alameda" between 2019 and 2022 to submit a lawsuit settlement application to the United States District Court for the Southern District of California. The lawsuit requires investors to choose to opt out or claim by January 30 to comment on the $10 million settlement plan. The plan aims to address issues concerning Silvergate Bank, Silvergate Capital Corporation, and Alan J.

PANews December 17 News, Solana ecosystem AI project Kled founder Avi Patel posted on X platform, accusing Believe founder Ben Pasternak of continuously selling KLED tokens in the market. Patel stated: "For a full 7 days, Pasternak has been using a DCA strategy to continuously sell millions of KLED tokens, coinciding with the release of our largest application update to date and a bear market low in trading volume. According to the fee agreement, Pasternak held over 6% of the KLED token supply, and this portion of tokens continued to accumulate until our exit from Believe in July. He had explicitly promised afterward that he would never sell KLED on the open market; if liquidity was needed, he would opt for OTC trading or token burning." Patel pointed out, however, on September 25, the project

The UK Financial Conduct Authority has announced adjustments to retail investment rules, removing complex information documents and allowing high-net-worth individuals to voluntarily waive retail investor protections. The aim is to lower investment thresholds and encourage more residents to participate in the capital markets.

Kevin Hassett has emerged as a leading candidate to succeed Jerome Powell as Federal Reserve Chair in 2026, creating a clear divide between Wall Street and the cryptocurrency market. Reports indicate that bond investors have privately expressed concerns to the U.S. Treasury, believing that if Hassett were to become Fed Chair, he might push for rapid and politically influenced rate cuts, potentially threatening market stability. According to the Financial Times, Wall Street banks, asset management firms, and the Treasury Borrowing Advisory Committee warned in a November meeting that Hassett might opt for rate cuts even if inflation remains above the 2% target. They noted that Hassett emphasized political issues during briefings, raising questions about his ability to maintain the central bank’s independence. Prediction market data shows Hassett’s odds of becoming Fed Chair are as high as 75%, far surpassing other contenders like Waller and Warsh.