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Anthony Scaramucci explains how the approval of a spot bitcoin ETF in the U.S. could lead to hundreds of billions of dollars flowing into bitcoin.

Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India’s trade body and chamber of commerce for the tech industry, T-Hub, a prominent innovation hub, and the Mann Deshi Foundation which supports India’s first rural bank for women.

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo’s choice is being closely watched by the blockchain industry.

FTX held shares of five Grayscale Trusts totaling $691 million and one Bitwise trust, amounting to $53 million as of Oct. 25, according to an earlier court filing.

The FTX bankruptcy estate can start selling $744 million worth of shares in Grayscale and Bitwise funds, a court ruled.

The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions

SEC Chair Gary Gensler was mum on whether the industry could see any action on the future of a spot bitcoin ETF in the coming months. 

The USD-pegged stablecoin Paxos can no longer mint will lose support by the end of the year.

The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don’t involve its citizenry.