Crypto Trends in November 2025: Airdrops, Exchanges, and Global Regulations

When navigating the crypto space in November 2025, a month marked by regulatory shifts, failed airdrops, and the rise of niche decentralized exchanges. Also known as crypto late 2025, it was a time when hype gave way to hard truths — and only projects with real utility survived. This wasn’t a month of moonshots. It was a month of cleanup: exchanges shut down, scams were exposed, and governments finally started enforcing rules that had been ignored for years.

Crypto airdrops, free token distributions meant to bootstrap communities. Also known as token giveaways, it was a mixed bag this month. Some, like the CORA airdrop from Corra.Finance, had clear rules and real utility tied to DeFi NFTs. Others, like the so-called AST Unifarm airdrop, didn’t exist at all — just fake websites and Telegram bots targeting the hopeful. Meanwhile, the FARA airdrop from 2021 was still being referenced by confused new traders, proving that outdated info spreads faster than facts. Airdrops aren’t free money anymore — they’re a filter for serious projects.

Crypto exchanges, platforms where users trade digital assets, often with varying levels of regulation and security. Also known as crypto trading platforms, many in November 2025 were either dead, dodgy, or dangerously unregulated. Hotbit and CoinCasso were confirmed scams, their servers offline and user funds gone. WBF Exchange and BiboxEurope showed the two extremes: one was a ghost with fake volume, the other a regulated, crypto-only platform built for compliance-focused Europeans. Jupiter dominated Solana DeFi with deep liquidity, while Sifchain and Polkadex struggled with thin pools despite solid tech. The message? Don’t pick an exchange by its logo — pick it by its track record.

Crypto regulation, government rules governing how digital assets can be issued, traded, or used. Also known as digital asset laws, November 2025 saw real enforcement. Dubai’s VARA pushed licensed exchanges to prove real capital and transparency. Vietnam launched its first legal crypto pilot — a 5-year test that could become a global blueprint. Meanwhile, Russia banned everyday crypto use but let the military mine at scale. Iran’s IRGC stole electricity to run unlicensed mining rigs. And in the U.S., money transmitter licenses became a minefield: New York demanded $5 million in capital, while Wyoming asked for $25,000. If you’re running a business, you’re not hiding anymore.

And then there were the quiet truths: Sybil attacks quietly broke DAO votes, offshore crypto accounts got traced in minutes, and most NFTs still lived on centralized servers pretending to be decentralized. Real world asset tokenization kept growing — $24 billion already on-chain — but no one was talking about it because it wasn’t flashy. Meanwhile, meme coins like YOTSUBA turned out to be digital ghosts: no contract, no team, no future. Just internet noise.

This archive isn’t about what sounded good. It’s about what actually happened. You’ll find honest reviews of exchanges that didn’t vanish, deep dives into airdrops that delivered, and regulatory guides that help you stay legal. No fluff. No promises. Just what you need to know before you trade, invest, or walk away.