Regulations
Indian Police Arrest 8 More in $300M Crypto Scam: Report
Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.

UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.

FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
Apart from using an investment adviser, the debtors have proposed setting up a pricing committee in which all stakeholders are represented.

Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
The U.S. derivatives regulator proposed a new rule for how regulated firms should invest clients' funds, but a CFTC commissioner pointed out it doesn't address LedgerX.

Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury
While convicted traffickers sought the best off-shore destination for crypto riches, U.S. authorities say they listened in and pounced on the ill-gotten gains from darknet drug sales.

Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing
Recent reports that terrorism organizations such as Hamas pocketed as much as $130 million in crypto funding have been proved incorrect but were resurrected in Congress today.

Will Hashdex's 'Undeniable' Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So
Hashdex's decision to use CME, a regulated exchange, per the SEC's requirement of a surveillance-sharing agreement (SSA), might set it apart from the group.

Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub.

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.

