[SEC and CFTC Set to Resume Operations, Crypto ETF Approvals and Leveraged Spot Trading May See Progress] On November 14, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are set to resume operations after a 43-day government shutdown. Employees of both agencies will return to work on the next regular business day following the enactment of the appropriations bill. During the shutdown, the SEC's review capabilities were limited, and approvals for cryptocurrency-related ETF applications were essentially halted. The CFTC suspended most of its operations, including enforcement, market oversight, and regulatory rulemaking. After resuming operations, the SEC and CFTC will need to address the backlog of tasks accumulated during the shutdown. Some crypto companies have already submitted IPO and ETF applications in advance. SEC Chair Atkins revealed plans to establish a token classification framework based on the Howey Test in the coming months. Acting CFTC Chair Pham stated that the commission is pushing to approve leveraged spot cryptocurrency trading as early as December.

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) resumed operations today after a 43 day government shutdown, and staff have returned to their posts due to the passage of the appropriation bill. （Cointelegraph）

[Discovery Bank and Luno Partner to Launch South Africa's First In-App Cryptocurrency Trading Service] Discovery Bank (Stock Code: DSYJ.J) has announced that it will become the first bank in South Africa to integrate cryptocurrency trading functionality within its mobile platform. Starting from December 2025, customers will be able to trade cryptocurrencies directly through its digital banking app. The service is supported by London-based cryptocurrency exchange Luno, allowing users to link their existing accounts to the app to buy, hold, and sell digital assets such as Bitcoin and Ethereum. Discovery Bank stated that the partnership complies with local regulatory requirements and has implemented relevant security measures. The digital bank, launched in 2021, achieved its first profit in the second half of the fiscal year ending June 30, 2025.

[Whale's Long ETH Position Accumulates Unrealized Losses of $3.09 Million] On-chain data shows that a whale has been operating long ETH positions through two addresses, with a total unrealized loss of $3.09 million so far. Last night, the whale opened a position of 7,595.25 ETH using a new address, resulting in an unrealized loss of $1.858 million. Meanwhile, 9 hours ago, the whale reactivated their original address, holding 7,040.16 ETH, with an unrealized loss of $1.232 million. The current price of ETH has dropped to $3,200, and the whale is still holding their positions.

On chain data shows that the address 0x9581 has an excess of 7595.25 ETH and is currently experiencing a floating loss of 1.858 million US dollars; Address 0x93c8 has opened an excess of 7040.16 ETH and is currently experiencing a floating loss of 1.232 million US dollars. Two addresses have accumulated a floating loss of 3.09 million US dollars and are still holding positions. (Auntie Ai)