Community bankers in the United States are suing for attempting to prevent cryptocurrency companies from obtaining banking licenses, and Circle, Coinbase, and World Liberty Financial are at risk of having their licenses revoked. （Bitcoin Archive）

Victims of the Drift attack can now apply for recovery tokens. If redeemed during the initial launch, only about 1% of the loss can be recovered. Long term holding may result in more compensation. Currently, about 216400 $DFX tokens have been destroyed to pay a total of $2250 in compensation. (Source: THE BLOCK)

The Independent Community Bankers Association of America sued OCC in the Federal District Court for the District of Columbia on October 2, accusing OCC of exceeding the National Banking Act's authorization to issue a nationwide trust banking license to cryptocurrency companies, allowing them to obtain banking status without meeting equivalent capital, liquidity, regulatory, and FDIC deposit insurance requirements. At least 13 of the 21 trust banks approved during the Trump administration are cryptocurrency companies, involving companies such as Coinbase, Circle, Crypto.com, and World Liberty Financial. (Source: American Banker)

The US Securities and Exchange Commission (SEC) approved triple long ETPs for Bitcoin, Ethereum, gold, silver, crude oil, and natural gas under the Securities Act of 1933. (Source: Bloomberg)

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