Cointime reports: The digital asset industry is being forced to rethink its Washington strategy after a Democratic sweep of Congress ended a two-year period of pro-crypto, pro-innovation policy in the US capital. The political shift marks a sharp jolt for crypto companies that had grown accustomed to a favorable regulatory climate.
Cointime reports: Australian Bitcoin holders are being advised to consider options including setting up a self-managed super fund, incorporating a company, or leaving the country to deal with a major capital gains tax increase due in 2027. The strategies are aimed at mitigating the impact of the scheduled CGT hike on crypto holdings.
Cointime update: Nasdaq has approved the listing of Canary’s staked Injective ETF, the proposed INJC fund. The fund would stake at least 90% of its INJ holdings and charge a 1.10% annual sponsor fee. The approval marks a step toward bringing a yield-bearing staking product for the Injective token to U.S. exchanges.
Cointime update: Block has booked a $764 million charge for a planned settlement with the U.S. Department of Justice that would defer a Bank Secrecy Act charge, the company disclosed. Final terms and court approval are still pending. Separately, Block’s bitcoin business generated about 2.9 cents of gross profit per dollar of revenue in the third quarter, down from 5.1 cents a year earlier.
Cointime update: The Office of the Comptroller of the Currency has issued its first examiner guide for artificial intelligence, weighing bank autonomy against potential financial harm. The framework directly addresses outside AI agents—the same risk that recently led major banks to restrict customer-account access. The guide marks the OCC’s first formal supervisory framework for AI in banks.
Cointime reports: Four crypto super PACs spent $89.5 million on projected races since Sept. 1, with $21.9 million of that backing candidates who won. The PACs were on the winning side in 28 of 30 called House races but only one of four Senate races.
Cointime reports: House Financial Services Committee Chair French Hill’s race for reelection remained too close to call as of Wednesday afternoon, with control of the House flipping. The outcome will shape the direction of crypto legislation in the next Congress, given Hill’s role leading the committee that oversees digital-asset bills.
Cointime update: SEC staff said they view Canton Coin as a digital commodity and will not recommend enforcement action over how the token is minted. The position comes a week after DTCC launched a tokenization service that runs partly on the Canton Network. The informal guidance reduces regulatory risk for the Canton ecosystem as Wall Street’s tokenization push accelerates.
Cointime reports: Bitcoin rebounded after Democrats won control of Congress in the US midterm elections. The rally comes as a stalled market structure bill and heavy industry campaign spending underscore crypto’s exposure to shifting political power in Washington. The sector now faces a tougher regulatory fight with the new Congress.
Cointime update: The U.S. Securities and Exchange Commission adopted amendments to rules defining which registered investment companies, investment advisers, and business development companies qualify as small entities under the Regulatory Flexibility Act. The change updates the thresholds used to determine small-entity status for those regulated firms. The SEC announced the adoption in a statement.
Cointime update: Crédit Mutuel Arkéa has confirmed it suffered a cyberattack that enabled “fraudulent operations,” the French bank said, without mentioning cryptocurrency. The confirmation follows on-chain investigator ZachXBT linking the breach to a $133 million crypto theft. The bank said it is still assessing the amounts involved.
Cointime update: A Second Circuit panel on Tuesday rejected requests by Kalshi and Coinbase for interim relief that would have paused New York and Connecticut enforcement actions against the prediction-market companies. The two-page order leaves unresolved their argument that federal law preempts the state cases.
Cointime update: A French amendment would require taxpayers to report self-custodied crypto holdings worth at least $112,000, or roughly €100,000. The measure has secured backing but must still survive the country’s budget process before taking effect. The proposal targets digital assets held outside regulated platforms.
Cointime update: The CFTC approved stock perpetual futures on the same day it was sued over the decision. The same report said pro-crypto spending largely failed to produce results as Democrats swept the Senate and House in the Midterms. No further details on the suit or the approval were provided.
Cointime reports: Bitcoin held steady after the U.S. midterm elections, with experts saying a Democratic sweep was largely priced in by the market. The outcome still makes the road ahead harder for crypto policy, they said.
Cointime update: Canton’s CC token rose 4% after SEC staff issued a no-action letter treating CC earned by running infrastructure and applications as a digital commodity. The letter provides relief for that activity but is not a binding ruling on CC’s legal status. The move marks a partial regulatory signal for the Canton network’s token.
Cointime update: Tron founder Justin Sun has filed a sanctions motion in the U.S. District Court for the Northern District of California against WLFI, the Trump family crypto project, accusing it of delaying litigation by disclosing foreign entities only months into the case. Sun, who invested $45 million, says WLFI froze about 595 million unlocked tokens worth roughly $107 million. A hearing is set for Dec. 10.
Cointime update: A Nova Scotia judge has ordered the return of a Bitcoin wallet to the family of William Sandeson, who was convicted in the 2015 murder of fellow student Taylor Samson. The judge found prosecutors failed to establish a link between the cryptocurrency and the killing, clearing the way for the assets to be released to Sandeson’s relatives.
Cointime update: Justin Sun is seeking $264,000 in sanctions against World Liberty Financial over its UAE disclosure, with a hearing set for Dec. 10. Sun plans to refile his token-freeze lawsuit in California state court once the sanctions motion is resolved.
Cointime reports: Democrats won control of Congress in the 2026 US midterms. The outcome covers key races that included crypto-backed candidates, and attention now turns to the outlook for crypto regulation under the new congressional majority.