null source: https://x.com/BTC_Archive/status/1859697450912788755

The announcement has sparked significant excitement in the crypto industry. source: https://dailycoin.com/gary-gensler-confirms-sec-exit-what-it-means-for-crypto/?utm_source=cryptopanic&utm_medium=rss

After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation. source: https://cointelegraph.com/news/ftx-provides-timeline-creditor-client-reimbursement-payouts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Cointelegraph, the United Kingdom is set to unveil a draft regulatory framework for crypto assets early next year, as announced by a Treasury official at the City & Financial Global’s Tokenisation Summit in London on November 21. The anticipated regulations, initially expected last summer, were delayed due to a general election that resulted in a change of government. The Labour government, led by Keir Starmer since July 5, 2024, will now present the new regulations. Economic Secretary to the Treasury, Tulip Siddiq, stated that the upcoming regulations will encompass stablecoins, staking services, and cryptocurrencies. Siddiq emphasized the simplicity and logic of addressing all aspects in a single phase. She noted that stablecoins do not align well with existing payment services regulations, and while legislation for stablecoins has been under discussion since October 2023, it was not anticipated before 2025. The crypto industry is particularly interested in ensuring that staking services are not classified as a "collective investment scheme," which would impose additional restrictions. Siddiq assured that the government intends to eliminate this legal ambiguity. The previous Conservative government had aimed to position the UK as a cryptocurrency hub, but the country has often been perceived as having a challenging regulatory environment. This perception is frequently attributed to the Financial Conduct Authority, an independent regulatory body. Meanwhile, the European Union's Markets in Crypto-Assets (MiCA) regulation is set to be fully implemented by the end of the year, providing regulatory clarity across the continent. In contrast, the UK appears less appealing to the crypto industry, especially with the United States' previous administration being seen as supportive of cryptocurrency. The former UK government had pledged new crypto regulations by July, but this was not realized. The Labour government's sole effort in crypto regulation so far has been a bill proposed in September to clarify the legal status of non-fungible tokens (NFTs), cryptocurrencies, and carbon credits by recognizing them as property.

null source: https://x.com/rewkang/status/1859694873101971589

The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies. source: https://cointelegraph.com/news/uk-crypto-regulation-framework-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Yao Qian, former director at the China Securities Regulatory Commission (CSRC), has been accused of accepting bribes through cryptocurrency transactions, allegedly misusing his regulatory position for personal gain. The Central Commission for Discipline Inspection (CCDI) provided details of Yao’s corruption, which is a high-profile case in China’s fight against corruption. Cryptocurrency... source: https://www.cryptopolitan.com/former-csrc-director-yao-qian-implicated/

Led by former MGM Resorts and Caesars employee Sam Kiki, Monkey Tilt combines aspects of entertainment and gambling to create a social gaming experience. The post Social Gaming Platform Monkey Tilt Secures $30M Series A Round Led By Pantera Capital appeared first on NFTgators . source: https://www.nftgators.com/social-gaming-platform-monkey-tilt-secures-30m-series-a-round-led-by-pantera-capital/

Solana (CRYPTO: SOL) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate continued institutional intere source: https://www.benzinga.com/markets/cryptocurrency/24/11/42122387/solana-soars-10-reaches-new-all-time-high-market-cap-what-is-going-on?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Major players in the digital asset industry are vying for positions on President-elect Donald Trump‘s promised crypto advisory council. source: https://www.benzinga.com/markets/cryptocurrency/24/11/42122348/trumps-planned-crypto-council-may-oversee-bitcoin-reserve-report?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Alex Svanevik, CEO of Nansen, launched a Solana memecoin named IQ, which soared to a $6 million market cap before falling to around $1 million. The ease of creating memecoins through platforms like MakeNowMeme and Pump.Fun has led to many scams, emphasising the need for cautious investment.

Neiro is a memecoin inspired by a rescue dog and launched on both Solana and Ethereum. The Solana-based Neiro faced suspicions of a rug pull after its developer made $2.85 million, while the Ethereum version has seen rapid growth but also raised concerns about insider control.