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.
Cointime reports: Democrats have claimed control of the US Senate, a shift that could alter the path for the CLARITY Act, reshape committee leadership and bring closer scrutiny of President Trump’s crypto businesses. The change in Senate leadership puts crypto legislation and oversight of Trump-linked digital asset ventures on a new footing.
Cointime update: Former Democratic Sen. Sherrod Brown has won back his Senate seat, defeating Jon Husted in a result that deals a blow to the crypto political action committee Fairshake. The outcome leaves the industry-backed PAC, which had spent heavily on races, without a win in the contest.
Cointime update: South Korea’s ruling party has formally proposed deferring the country’s crypto income tax, with its leader saying the Digital Asset Basic Act should be enacted first. The proposed comprehensive legal framework would set rules for digital assets before taxation takes effect. No timeline for the deferral was given.
Cointime update: The SEC’s Division of Corporation Finance has issued a no-action letter stating it will not recommend enforcement action over Canton Coin’s programmatic issuance, classifying CC as a digital commodity. The position applies to the programmatic distribution of the token, which underpins the Canton Network. The letter gives the token’s issuers a measure of regulatory clarity on the asset’s status.
Cointime update: Justin Sun is seeking sanctions against World Liberty Financial, alleging the Trump-linked firm concealed its UAE citizenship to escape federal court and plans to refile his $45 million lawsuit in California state court. Sun claims World Liberty hid its UAE ties in the ongoing legal dispute. The refiling moves the case from federal to state court in California.
Cointime update: The CFTC has approved exchanges in the United States to offer perpetual futures contracts tied to individual stocks, marking the first time such products can trade domestically. The decision opens a new derivatives category for US venues, extending the perpetual structure long used in crypto to single-name equities.