[UK FCA Launches Stablecoin Regulatory Sandbox, Debt Management Office Explores Treasury Market Expansion] The UK Financial Conduct Authority (FCA) has announced the establishment of a stablecoin task force within its regulatory sandbox, with applications open until January 18, 2026. Meanwhile, the UK Debt Management Office is studying the expansion of the Treasury market, reportedly considering factors related to the reserve structure of stablecoins.

Solana has held over 95% of the market share in the tokenized stock trading market for four consecutive months, with a peak market share of 99% in October. （Cointelegraph）

[BIS Warns of Liquidity Mismatch Risks in Tokenized Money Market Funds] The Bank for International Settlements (BIS) highlighted in a briefing that tokenized money market funds (MMFs) face liquidity mismatch risks between daily redemptions and T+1 settlements, which become more pronounced during times of market stress. Meanwhile, solutions have emerged within the industry, such as Broadridge's DLR system, which enables intraday transfer and monetization of government bonds, providing technical support to address liquidity mismatch issues.

The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.

Binance's whale inflow reached $7.5 billion, setting a new annual high. The analysis points out that this surge in inflows is similar to the pattern of previous high volatility periods, such as the situation in March 2025 when Bitcoin prices fell from around $102000 to a low of $70000. （CryptoQuant）