Huoxun Finance reported on December 12th that, according to DLNews, the Belarusian Ministry of Information has blocked access to at least three major cryptocurrency exchanges—Bybit, Bitget, and OKX—without explaining the reasons. When Belarusian users attempt to access these websites, the page displays a message: "Access to this information resource is restricted according to a decision of the Ministry of Information of the Republic of Belarus. This is done in accordance with the Law on Mass Media." A search of the Belarusian General Directorate for Telecommunications Regulation's "Restricted Access" database shows that all three exchanges were blacklisted by the ministry on December 10th. The URLs of other cryptocurrency exchanges such as KuCoin and Binance are not currently on the blacklist.

Huoxun Finance News, December 12th - According to Cryptobriefing, Jupiter COO Kash Dhanda announced at the Solana Breakpoint event that Jupiter will launch its stablecoin JupUSD next week. JupUSD will be listed soon, with real-time trading and yield features enabled simultaneously. Dhanda added that a third use case is planned for the first quarter of 2026, which he described as "very interesting." Previously, in October, it was reported that Ethena and Jupiter were partnering to launch JupUSD, a native stablecoin within the Solana ecosystem.

Huobi Finance News, December 12th - According to an official announcement, Huobi HTX's contract copy trading system has been fully upgraded to version 4.0, with the new "Smart Copy Trading" mode officially launched. This upgrade focuses on strengthening the profit synchronization mechanism and fund segregation system, achieving a more accurate copy trading experience and higher-level fund security protection. In addition, the new system has fully added the order-leading function, maintaining smooth and accurate following performance even under complex strategy execution and rapidly changing market conditions. To allow more users to experience contract copy trading 4.0 firsthand, Huobi HTX is simultaneously launching a month-long promotional event. From 18:00 on December 11, 2025 to 18:00 on January 10, 2026 (UTC+8), all registered users will receive a total of 80,000 USDT in triple benefits, including no-threshold trial funds, first-order loss compensation, and a share of a 50,000 USDT tiered prize pool. Users are advised to upgrade their app to version 11.9.0 or higher as soon as possible to ensure normal functionality.

According to Huoxun Finance on December 12th, CryptoQuant CEO Ki Youngju cited data indicating that Meme's market share in altcoins reached an all-time high (above 0.1) in early 2025, but has since fallen below 0.04. He concluded that "the Meme market is dead."

According to a report by Cointelegraph on December 12, Ripple has officially completed its $200 million acquisition of stablecoin platform Rail.