Franklin Templeton has amended its S-1 registration for a spot XRP exchange-traded fund by removing the SEC's "8(a)" delay provision, positioning the filing for automatic effectiveness once regulatory requirements are met. The firm, which manages over $1 trillion in assets globally, joins Canary Funds and Bitwise in advancing XRP ETF applications. The move mirrors strategies previously used by Bitcoin and Ethereum ETF issuers to accelerate product launches.

Hong Kong's Securities and Futures Commission announced on November 3, 2025, that licensed virtual asset trading platforms can connect local clients to global liquidity pools. The regulatory change removes the previous requirement for platforms to maintain separate Hong Kong-only order books. SFC CEO Julia Leung said the move aims to strengthen the city's cryptocurrency trading ecosystem and enhance competitiveness with Singapore and the United States.

Senator Elizabeth Warren's attorneys have rejected a defamation threat from Binance founder Changpeng Zhao regarding her characterization of his guilty plea. The legal team argues Warren's statement that Zhao pleaded guilty to money laundering and was sentenced to prison is factually accurate and supported by Department of Justice records and court filings. Zhao's counsel claims the senator misrepresented the nature of his plea, contending he accepted responsibility for compliance failures rather than personally laundering money.

FTX creditors will receive between 9% and 46% of their original holdings when measured in actual cryptocurrency terms, according to Sunil Kavuri, head of the exchange's largest creditor group. While the nominal payout rate stands at 143% of filed claims, the real recovery value remains significantly lower due to substantial cryptocurrency price appreciation since the November 2022 bankruptcy filing. Kavuri also warned creditors about ongoing fraud schemes targeting the group through fake airdrops and impersonation tactics.

Cryptocurrency hack losses dropped to $18.18 million across 15 incidents in October, down 86% from September's $127.06 million, data show. Garden Finance, Typus Finance, and Abracadabra accounted for $16.2 million of the total. The decline marks one of the quietest months for crypto security breaches, though analysts warn that threat actors continue developing new attack methods.

Canary Capital submitted an amended S-1 registration statement to the SEC for its XRP spot ETF, removing the delaying amendment. The filing positions the product for potential trading on Nasdaq as early as November 13, 2025, under the auto-effective provision of the 1933 Securities Act.

Decentralized exchange dYdX intends to launch U.S. operations by the end of 2025, offering spot trading for major cryptocurrencies including Solana while excluding derivative products for American users, according to President Eddie Zhang. The platform will reduce trading fees to 50–65 basis points to compete with established U.S. exchanges. Zhang emphasized the strategic importance of a U.S. presence for the platform's future direction.

BitMine Immersion purchased approximately 27,316 ETH valued at $113 million from digital asset custodian BitGo, data show. The acquisition increases BitMine's Ethereum holdings to roughly 3.3 million ETH, worth over $13 billion at current prices. The company targets ownership of 5% of all circulating Ethereum, equivalent to 6.04 million ETH.

Australia's securities regulator has updated its digital asset framework as the country prepares mandatory licensing for crypto exchanges and stablecoin issuers by 2026. The Australian Securities and Investments Commission published revised guidance on October 29, 2025, clarifying how financial services laws apply to digital asset businesses. The update supports upcoming legislation that will introduce formal licensing requirements for crypto platforms and custody providers.