Crypto
Legal
Terra wins one summary judgment in SEC case, but sold unregistered securities
Terraform Labs scores mixed results in SEC case, securing one summary judgment while others confirm unregistered securities sales.
Crime
Ex-Binance CEO Changpeng Zhao seeks to seal travel documents citing child’s medical privacy
Ex-Binance CEO Changpeng Zhao seeks to privatize details of his travel plans in court amid legal battle over anti-money laundering practices.
Derivatives
Coinbase International sets perpetual futures leverage limit to 10x
The company has also set a $90,000 notional limit across all positions.
Legal
Bitzlato suspends ‘special balance withdrawals’ while assets still under seizure
Bitzlato claims partial recovery of funds despite asset seizure and money laundering allegations; nevertheless, withdrawals are still suspended.
Election 2024
Trump’s Ethereum wallet moves $2.4M in crypto to Coinbase
The wallet, which Arkham Intelligence linked to Trump in August, has moved millions thought to be earned through sales of his NFT series to Coinbase.
AI
Microsoft launches standalone Copilot AI app on Android with ChatGPT-4 capabilities
Android users can now access Microsoft's Copilot with GPT-4 and DALL-E 3 integration through its own mobile app.
Stablecoins
Circle secures conditional registration in France under DASP rules
Circle's latest regulatory stride in France marks a step towards compliance with EU's MiCA regime.
Payments
Elon Musk says X payments likely by mid-2024
Musk also downplayed the importance of cryptocurrency, saying that he spends "hardly any" time thinking about it..
Legal
SEC admits to misstatement of facts in case against crypto firm Debt BOX
The SEC admitted to and apologized to the court for to erroneous statements in fraud case against cryptocurrency project Debt BOX.
Adoption
El Salvador entices Bitcoin investors with citizenship offer
Bitcoin philanthropists will gain expedited Salvadoran citizenship under a new law.
Exchanges
Coinbase secures virtual asset service provider status in France
As it obtains VASP status in France, Coinbase takes a significant step in its European expansion strategy.
Regulation
SEC holding ‘rare joint conference call’ with spot Bitcoin ETF applicants: Reports
Two Fox Business correspondents have reported that the SEC is telling applicants to commit to a cash creation model as critical deadlines loom.