According to documents on the agency's website, the SEC is requesting written comments on spot BTC exchange-traded fund (ETF) applications from Franklin Templeton and Hashdex. The SEC would like commenters to respond to various questions, with a focus on potential susceptibility to manipulation.

Deputy Treasury Secretary Wally Adeyemo spoke at the Blockchain Association’s annual policy summit, calling on the crypto industry to do more to prevent digital assets from being used for illicit activities, and outlining new tools Treasury plans to utilize to go after illicit actors. Adeyemo stated that Treasury is pursuing the creation of new sanctions tools, while also working with Congress and the Financial Action Task Force (FATF) to update global regulatory approaches to illicit activity involving crypto.

Rep. French Hill (R-AR) said in an interview with CNBC that House Republicans are planning to bring crypto bills to the floor for votes early next year. Hill also indicated that House Financial Services Chair Patrick McHenry's (R-NC) push to include crypto legislation in the FY 2024 NDAA had fallen through.

Coinbase sent an email to a segment of its users about a subpoena received from the CFTC, stating that Coinbase may have to submit requested information to the CFTC unless a motion is filed by November 30 to quash the subpoena.

Crypto law firm Hodl Law has asked the Ninth Circuit to clarify that ETH is not a security in order to dispel public threats and harassment from the SEC.

US Bankruptcy Judge Sean Lane gave Genesis Global Holdco permission to send its Chapter 11 plan out for a vote, as Genesis reported impending agreements with its parent company, Digital Currency Group, and creditors. Genesis filed for bankruptcy in January.

Deputy Treasury Secretary Wally Adeyemo wrote a letter to Senate Banking Chair Sherrod Brown (D-OH) and Ranking Member Tim Scott (R-SC), as well as House Financial Services Chair Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA), asking Congress to grant the Treasury Department new power to go after crypto and fintech platforms used by militant organizations like Hamas. Sen. Elizabeth Warren (D-MA) said in an interview that Congress must respond with a comprehensive bill to give Treasury the tools it needs.

Senate Banking Chair Sherrod Brown (D-OH) told reporters that House Financial Services Chair Patrick McHenry (R-NC) is holding up finance provisions under consideration in the FY 2024 National Defense Authorization Act (NDAA) amid a clash over crypto policy. McHenry is pushing for the NDAA to include legislation that would revamp the way the SEC and CFTC police the crypto industry. Rep. Sean Casten (D-IL) stated that Chair McHenry’s threats to the NDAA are “concerning to anyone who cares about protecting national security.”

US District Judge Gregory H. Woods approved a settlement ordering bankrupt crypto lender Voyager Digital and its ex-CEO Stephen Ehrlich to pay $1.65 billion for misleading investors about the safety of their money prior to the firm’s collapse. The settlement marks the end of the FTC's lawsuit against Voyager Digital and Stephen Ehrlich.