New York Seeks $1.37 Billion From NovaTech Founders
New York’s attorney general asked a state court to impose about $1.37 billion in monetary relief over the collapsed NovaTech cryptocurrency scheme.
Policy News
Crypto regulation, legislation and public-policy developments.
Senator Seeks Tether Records Over Reported Consulting Payments
Richard Blumenthal asked Tether and Nxum for contracts, payment records and communications tied to Bo Hines, with responses due November 6.
SEC Puts Tokenization and AI on 2027 Examination Agenda
The regulator's annual priorities add tokenized market infrastructure and advanced technology to reviews spanning private funds and cybersecurity.
Bybit Secures Active Dubai Licence for Spot Trading
Bybit's Dubai entity now holds an active VARA licence for spot exchange services covering retail, qualified and institutional investors.
Malaysia and Thailand Join Singapore BLOOM Digital-Money Network
Malaysia and Thailand joined Singapore's BLOOM initiative to develop shared approaches for cross-border settlement using regulated digital money.
Ireland Fines Coinbase Unit €3.25 Million Over Safeguarding Failures
Ireland's central bank penalized Coinbase Ireland over historic controls for customer funds and outsourced safeguarding operations.
LSEG Agrees $3.535 Billion Deal to Acquire Octus
The London Stock Exchange Group will add private-credit data and workflow tools through a cash acquisition that still requires regulatory approval.
China Court Accepts Bid to Confiscate 61,896 Bitcoin
A Tianjin court has opened proceedings over Bitcoin held in Britain, while victim claims remain subject to unresolved Chinese and UK litigation.
Standard Chartered Signs Deal to Acquire Zodia Custody
Standard Chartered agreed to buy Zodia Custody and fold its regulated digital-asset custody operations into the bank, subject to approvals.
OCC Finalizes GENIUS Act Rule Ahead of January Stablecoin Deadline
The OCC completed its GENIUS Act rule for stablecoin issuers, setting reserve, redemption, custody and supervision standards effective January 18, 2027.
CME Records First Bitcoin Cash and Uniswap Futures Trades
FalconX and GSR completed the first block trades in CME's new Bitcoin Cash and Uniswap futures, widening its regulated U.S. crypto derivatives range.
Bitwise and Hyperliquid Press SEC for Clearer Token Rules
Bitwise and the Hyperliquid Policy Center want the SEC to sharpen its proposed crypto rules on token status, airdrops, trading and buybacks.
CFTC Sets AI Forum on Derivatives and Agentic Trading
The CFTC will hold an October 28 forum on artificial intelligence in derivatives markets, including autonomous agents, price discovery and market risk.
FINMA Approves Switzerland’s First Retail Spot Bitcoin ETF
Switzerland’s financial regulator has approved the country’s first retail fund that invests directly in Bitcoin, while requiring prominent risk disclosures and custody safeguards.
Webull Plans U.S. Crypto Perpetual Futures Rollout Through Kalshi in November
Webull says eligible U.S. futures customers will get access to Bitcoin-linked perpetual contracts in November, with Kalshi handling exchange listing and clearing.
CFTC Announces $288 Million Court Orders in EminiFX Crypto-Forex Fraud Case
A U.S. court ordered restitution and penalties against EminiFX and its founder; the CFTC says more than $98 million had reached investors by July.
Revolut Wins Gibraltar Licence for Crypto Expansion
A new Gibraltar entity may execute virtual-asset orders, provide custody and offer staking, but Revolut has not named its target markets.
Blockchain Association Seeks Clearer Treasury Stablecoin Rules
The industry group backs Treasury's core GENIUS Act approach but wants firmer limits for DeFi infrastructure, secondary trading and foreign-issuer checks.