Crypto
Legal
Apple entered anti-crypto agreements with competitors, class action suit claims
The lawsuit also names (but does not accuse) PayPal, Block, and Google.
Legal
SEC sues Kraken over unregistered exchange operations, commingling of funds
Kraken comes under fire as SEC seeks fines and restrictions over regulatory breaches.
Exchanges
Bittrex Global to halt all trading in December as closure extends globally
The company previously said it would shut down U.S. operations only.
Partnerships
Bullish buys CoinDesk as crypto media shakeups continue
Bullish is owned by Block.one, a firm behind the formerly high-ranking EOS chain.
ETF
Fidelity files for spot Ethereum ETF, trailing BlackRock’s lead by two days
The rival asset managers are also pursuing spot Bitcoin ETFs in a race that could change crypto investing in the U.S. forever.
Regulation
Elizabeth Warren highlights surge in crypto scams against seniors, endorses new protective legislation
A Bentley University lecturer backed Warren's Digital Asset Anti-Money Laundering Act.
ETF
SEC extends decision period for Global X, Franklin Templeton spot Bitcoin ETFs
Market manipulation concerns have prompted SEC to prolong evaluation of spot Bitcoin ETFs.
ETF
SEC rumored to be instructing spot Bitcoin ETF applicants to incorporate cash creates
Spot Bitcoin ETF applicants may face new cash creation requirements from the SEC, says Bloomberg analyst Eric Balchunas.
Crime
Three arrested in $10M bank fraud, crypto laundering scheme
Zhong Shi Gao, Naifeng Xu, and Fei Jiang are accused of scamming New York banks out of millions of dollars and sending the proceed to overseas crypto exchanges.
Regulation
New York Department of Financial Services issues ‘heightened’ crypto listing and delisting guidance
Heightened compliance policies set by NYDFS demand written notifications and strict records for cryptocurrency listings and delistings.
Crime
Terraform Labs’ Do Kwon loses appeal in Montenegro passport fraud case
Kwon and an associate, Han Chang-joon, were both previously convicted and sentenced to four months in prison.
Regulation
Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules
The lawmakers argued the proposed regulations do not account for various important distinctions in the digital asset space.