US moves to seize $1.2 billion of the Binance hack haul and shuts down North Korea's deepfake call trap
The Justice Department says it won court approval to seize or restrain more than $1.2 billion stolen from Binance on October 29. It also took down servers behind "FaceStealer," a fake video call scheme it ties to more than $400 million in thefts.
SEC cases fall to 348 from 456 as crypto examples include a $95.6 million mining fraud
The SEC's fiscal 2026 enforcement results, released November 10, show 348 actions and $1.095 billion in ordered money. The crypto cases it highlights are retail frauds, from a $14 million fake platform scheme to an FTX audit case.
Canada proposes barring banks from issuing stablecoins directly. Subsidiaries only
Budget 2026 proposes to bar federally regulated banks, trust companies and insurers from issuing stablecoins themselves. They would have to use a separate non-financial subsidiary that the Bank of Canada supervises.
Hong Kong moves to ban "crypto exchange" in the names of unlicensed firms
The Securities and Futures Commission has concluded its consultation on misleading business names. Any firm calling itself a crypto exchange, virtual asset market or token trading platform would need SFC approval first, six months after the law passes.
The SEC's crypto capital and records rule for brokers reached the White House on November 3
A proposed SEC rule on how broker-dealers hold capital and keep records for crypto assets reached the White House regulatory office on November 3, 2026. The text is still private. Staff guidance shows where the agency has been heading.
Nigeria sets a ₦15 billion floor for dollar stablecoin issuers and bans algorithmic coins
The Central Bank of Nigeria's new rules say foreign-currency stablecoins can reach Nigerians only through a locally licensed issuer. A foreign license does not count, and peer-to-peer desks need the bank's approval.
Russia lets ordinary investors buy only BTC, ETH and USDT, capped at about $3,665 a year
The Bank of Russia's directive 7441-U, published November 6, 2026, names just three assets that non-qualified investors may buy through a broker, with a yearly limit of 300,000 rubles. It enters into force 10 days after publication.
FinCEN and the Fed drop the 2020 plan to cut the travel rule threshold to $250
The 2020 proposal would have lowered the cross-border threshold from $3,000 to $250 and written crypto into the definition of "money." FinCEN pulled it on November 6, 2026.
Rumor vs record: what viral posts got right and wrong about the U.S. move against MEXC
Posts about FinCEN's MEXC order spread fast on November 6 and 7, 2026. We checked each claim against FinCEN's own order. Most numbers hold up; two points do not.
FinCEN cuts MEXC off from U.S. banks over $16.7 billion in likely illicit flows
The U.S. Treasury's FinCEN ordered U.S. financial institutions on November 6, 2026, to stop sending funds to or receiving funds from MEXC Global. The ban starts 30 days after the order runs in the Federal Register.