BlackRock filed an application with the SEC for a spot ETH exchange-traded fund (ETF). BlackRock had previously outlined its proposal for the Ethereum ETF in a filing with the Nasdaq stock exchange.

The New York State Department of Financial Services (DFS) adopted new requirements for coin listing and delisting policies of DFS-regulated virtual currency entities. The guidance was finalize following a public comment period that began in mid-September, and replaces previous guidance issued in 2020.

At the Georgetown University Financial Markets Quality Conference, CFTC Chair Rostin Behnam said that the CFTC is in no better position now to prevent an FTX-level collapse than it was a year ago. He stated, "Nothing has changed, and we could be in a position where another FTX-type event happens."

The SEC delayed making a decision until January 2024 on Hashdex’s spot BTC exchange-traded fund application, as well as Grayscale’s spot ETH ETF application.

House Financial Services Ranking Member Maxine Waters (D-CA) reportedly said in an interview with Politico that bipartisan stablecoin bill discussions are still happening in the House, and a deal is possible by the end of the year. Talks on stablecoin legislation previously fell apart over the summer.

The House Financial Services Committee Subcommittee on Digital Assets, Financial Technology and Inclusion held a hearing on the use of digital assets in financing illicit activity and terrorism. Republicans and Democrats disagreed on the extent to which crypto is used for illicit activities, with Republicans highlighting the benefits of the blockchain in helping governments identify illicit activity and networks, while Democrats expressed concern with anonymizing tools such as mixers and offshore exchanges.

House Financial Services Chair Patrick McHenry (R-NC) and Rep. Ritchie Torres (D-NY) led a bipartisan group of lawmakers in writing a letter to the Treasury Department, urging the agency to revise is proposed digital asset tax reporting requirements. The lawmakers write that the "breadth of the proposed regulations and the unworkable definitions raise serious concerns for the digital asset ecosystem." Other signatories include Reps. Warren Davidson (R-OH), Eric Swalwell (D-CA), Wiley Nickel (D-NC), French Hill (R-AR), Byron Donalds (R-FL), Erin Houchin (R-IN), and Majority Whip Tom Emmer (R-MN).

A bipartisan group of more than 50 House members, led by House Financial Services Committee Chair Patrick McHenry (R-NC), Majority Whip Tom Emmer (R-MN), and Reps. French Hill (R-AR) and Ritchie Torres (D-NY), wrote a letter to President Biden and Treasury Secretary Janet Yellen, asking for the Administration to provide Congress with data on any digital wallets used by Hamas-linked groups. The lawmakers note the importance of understanding the "scope of Hamas' digital assets fundraising campaign in the context of its traditional funding activities."

The SEC responded to several motions to dismiss filed by those behind crypto project Debt Box. The agency told a Utah federal judge that its case against the entities behind Debt Box should remain in play, since the agency’s claims show how the business allegedly made false statements surrounding assets that meet the characteristics of securities.