[Live] Crypto Market News Today: Latest Updates on December 9, 2025

Acting CFTC Chairman Caroline Pham announced a new pilot program that allows Bitcoin, Ethereum, and USDC to be used as collateral in U.S. derivatives markets. The move supports the use of digital and tokenized assets in regulated trading. Along with this, the Market Participants Division withdrew Staff Advisory 20-34, saying it is no longer relevant. Officials said recent progress in digital assets and new laws like the GENIUS Act made the old guidance outdated.

Ethereum co-founder Vitalik Buterin said the Ethereum Foundation earlier paid too little attention to the network layer, focusing more on economics, consensus, and blocks. He admitted that peer-to-peer networking skills were lacking before. However, Vitalik said this has changed now. He highlighted the strong performance of PeerDAS as proof, praising Raul Victor and Ethereum Foundation contributors for their “heroic” work. The new roadmap aims for faster data sharing, better stability, and improved network privacy.