SEC Publishes New Exam Handbook to Clarify Process
Summary: The SEC’s Division of Examinations released a new handbook detailing the examination process, aiming to increase transparency and consistency for regulated entities.
Compliance
Near Intents Pauses Service After $3.8M Omni Layer Exploit
Summary: Near Intents halted operations after a bug in its Omni deposit layer allowed an attacker to steal approximately $3.8 million, two days after blocking a North Korea-linked swap.
Stablecoins Pose Rapid Capital Flight Risk to Banks and Nations
Summary: The European Central Bank warns that stablecoin reserve structures could trigger cascading bank withdrawals, while BIS data links digital dollar demand to currency pressure in emerging markets.
Citi Raises Bitcoin Target to $113K, Ethereum to $3K
Summary: Citigroup increased its 12-month price targets for Bitcoin and Ethereum by approximately 35%, citing renewed ETF inflows and a supportive macro environment.
Stand With Crypto Endorses Senate Candidates After Clarity Act Failure
Summary: Following the Clarity Act's defeat in the Senate, Stand With Crypto endorsed specific candidates to influence future regulatory committee seats.
EU Regulators Scrutinize Binance’s Reverse Solicitation Use Under MiCA
Summary: ESMA and national regulators are investigating whether Binance improperly uses reverse solicitation to serve EU customers without full MiCA authorization.
Dune: Tokenized Equities Mirror Traditional Markets Poorly
Summary: A Dune report reveals tokenized equities are dominated by single stocks rather than ETFs, contrasting with traditional market structures.
Judge Dismisses Most Celsius Claims Against Chainalysis, Allows Aiding-and-Abetting Suit
Summary: A US federal judge dismissed most claims against Chainalysis by Celsius Network's litigation administrator but allowed an aiding-and-abetting claim to proceed.
Global Bank Supervisors Meet in Bali to Address Digital Finance and Crypto Risks
Summary: Approximately 300 central bankers from over 60 jurisdictions convened in Bali for the 24th International Conference of Banking Supervisors.
Basel Committee Advances Crypto Review, AI Supervision and Pillar 3 Standards
Summary: The Basel Committee met in Indonesia to advance supervisory initiatives, including a review of cryptoasset exposure standards and new machine-readable disclosure rules.
EU Regulators Probe Binance Over Reverse Solicitation Claims
Summary: ESMA and national watchdogs are examining whether Binance improperly relies on the reverse solicitation exemption to serve EU users after failing to secure a MiCA license.
CFTC Proposes Rule to Classify Event Contracts as Swaps
Summary: The CFTC submitted a proposed rule expanding the definition of "swap" to include event contracts, aiming to resolve jurisdictional disputes with state gambling regulators.
Robinhood VP Details Path to US Crypto Perps via CFTC Letter
Summary: Robinhood VP Nicola White outlines how a CFTC no-action letter and Bitstamp integration enabled 10x leveraged crypto perpetual futures for US customers.
Bitget Hacker Moves $3.8M Into Zcash Shielded Pool After Near Rejects Swaps
Summary: The Bitget attacker began shielding $3.8 million in Zcash's Ironwood pool on Sept. 30, following Near Intents' rejection of over $50 million in related swaps.
Stand With Crypto Endorses Senate and House Candidates Ahead of Midterms
Summary: The Coinbase-backed advocacy group endorsed candidates in Ohio, Iowa, New Hampshire, and Alabama as polls favor Democratic gains.
Lagarde: ECB Prioritizes Price Stability Amid Interconnected Global Crises
Summary: ECB President Christine Lagarde identifies the Middle East-linked energy crisis as the primary threat to European price stability while acknowledging past policy missteps.
SEC Proposes Rules to Expand Retail Access to Private Markets
Summary: The SEC voted to propose rule amendments facilitating capital formation by expanding retail investor choice and promoting innovation in regulated fund structures.
UK Court Orders Ex-NCA Officer to Repay $2.4M for Stolen Bitcoin
Summary: A UK court ordered former National Crime Agency officer Paul Chowles to repay £1,810,678.93 after stealing 50 Bitcoin from a seized Silk Road 2.0 wallet.
Trump Signs Morally Binding AI Accord With Major Tech Firms
Summary: President Trump released a one-page, nonbinding AI accord signed by leaders of major tech firms, asking them to voluntarily self-police their models amid rising safety concerns.
Dutch Government Plans Capital Gains Tax on Bitcoin From 2028
Summary: The Dutch cabinet announced a plan to tax realized capital gains on major assets, including potentially Bitcoin, starting in 2028.