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Regulations
UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.

UK's National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.

PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin
In August, PayPal said it would introduce its own U.S. dollar-pegged stablecoin, PayPal USD.

Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
The CFTC denied a valid hedging option when it rebuffed a plan to offer event contracts for traders to bet on political outcomes, the company said.

PayPal UK Unit Registers as Crypto Service Provider
The Financial Conduct Authority's approval means the payments firm can offer certain crypto services and advertise to local clients.

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain
The tokens were moved to Binance and Coinbase overnight in accordance with a bankruptcy court order allowing the sale of some FTX assets, data from Spotonchain show.

CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related
Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said.

BitGo Granted German Crypto Custody License by BaFin
BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.

'Bruno Brock', Founder of Oyster Pearl, Gets 4 Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.
