Do Kwon will be staying in Montenegro for another two months before extradition, while Bankman-Fried's lawyer calls him the worst person in cross-examination.

Despite the recent agreement between Binance and several U.S. authorities, the SEC is still targeting Binance.US for alleged FTX-style fraud.

The regulator alleges failure to register as a securities exchange and unlawful commingling of funds. Kraken promises to continue working as usual.

The ETF filings of HashDex and Grayscale have been postponed until next year, although the SEC might now be cornered into approving spot BTC ETFs.

The regulator has significantly increased its enforcement actions in the crypto sector under Gary Gensler's leadership, with many crackdowns on major crypto entities and influencers.

The non-profit organisation released its updated staking principles to bolster consumer protection and encourage responsible innovation in the staking domain. The initiative received backing from 18 industry players.

The SEC, headed by Gary Gensler, is poised to potentially approve multiple Bitcoin ETFs, while scrutiny of Gensler's shifting stance on digital asset regulation is growing.

The payment firm reported on Wednesday that it had received a subpoena from the SEC requesting information on its PYUSD stablecoin.