HTX, the crypto exchange linked to Justin Sun, has agreed to pull out of the UK market as part of a settlement with the country's financial watchdog. The deal closes out a dispute over the exchange's UK operations.

The Russian central bank has registered its first self-regulatory organization for cryptocurrency exchangers and digital depositories.

The U.S. Treasury Department sanctioned 11 individuals tied to a North Korean IT worker scheme that moved millions of dollars in cryptocurrency.

Galaxy Digital said its subsidiary Galaxy Digital LP applied to the U.S. Office of the Comptroller of the Currency to establish Galaxy National Bank, a nationally chartered trust bank in New York. If approved, it would be OCC supervised and offer digital asset custody, trading, staking and fiduciary investment advisory services nationwide. OCC approval is pending.

Galaxy Digital has applied to the U.S. Office of the Comptroller of the Currency for a federal charter to establish a national trust bank in New York. If approved, Galaxy National Bank would operate as an OCC regulated federal trust company and provide digital asset custody, trading and staking services, plus fiduciary investment advisory services.

Utah has filed felony charges against Kalshi and its co-founders over sports bets.

The Federal Reserve kept its benchmark rate at 3.75% to 4.00% on Oct 28 by a 10 to 2 vote, with two members favoring an immediate quarter point hike. The statement upgraded economic activity to strong while keeping inflation elevated. December hike odds rose to about 87.5%. Investors now await Q3 GDP and September PCE data, due Oct 29, to test whether high rates will hold.

European Central Bank President Christine Lagarde will step down in February 2027, eight months before her term ends in October 2027. The former French finance minister has discussed leading the World Economic Forum and a possible role in the French 2027 presidential election. Her exit comes as Europe weighs mounting debt and renewed inflation risks.

European Central Bank President Christine Lagarde will step down early on Feb 7 2027, CNBC reported. Lagarde has been the face of the digital euro project and a longtime Bitcoin sceptic. Her departure is notable for crypto as the ECB continues work on a central bank digital currency.