Regulations
Ripple Co-Founder Larsen Flooding Kamala Harris' Election Effort With XRP
Chris Larsen has donated more than $11 million to the vice president's election effort, sending millions worth of the crypto token to the Democratic super PAC Future Forward, according to his comments and federal records.

Sui Launches ‘Incubator’ Hub in Dubai for ‘On the Spot’ Solution Engineering
The hub is in collaboration with Ghaf Group, a blockchain firm in the region.

It Takes a Fake Token to Catch a Volume Faker
Last week, the DOJ unveiled an indictment against Gotbit, which CoinDesk profiled in 2019.

NYSE, Cboe Win SEC Approval for Bitcoin ETF Options
The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs in the U.S.

U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says
The regulator filed its opening brief in its appeals case to tamp down on political event contracts.

Bitfinex Hacker Ilya Lichtenstein Should Serve 5 Years in Prison, DOJ Says
Lichtenstein pleaded guilty to stealing nearly 120,000 bitcoins from Bitfinex in 2016, and then conspiring with his wife, Heather “Razzlelkhan” Morgan, to launder a portion of the funds.

Editorial: We Applaud Trump’s Crypto Efforts Though His Record, Rhetoric Raise Red Flags
The former president deserves credit for making crypto a campaign issue. We wish his opponent, Vice President Kamala Harris, would say more about it.

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports
The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.

Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Senior official Sean McHugh disputed any perception of VARA being a friendlier-than-usual crypto regulator.

Coinbase Escalates SEC Fight Over the Agency's Inside Chatter on ETH
The company's go-between on a quest to see SEC documents – History Associates – told a court it intends to ask for an immediate judgment in the dispute over internal communications.

