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According to Reuters, the London Metal Exchange (LME), a subsidiary of the Hong Kong Stock Exchange, is exploring the tokenization of metal inventories stored in Hong Kong warehouses, making them digital assets that can be used for loan collateral and other financing activities, in line with Hong Kong's strategy to develop an international commodity trading center. LME confirmed that it is currently in the early stages of exploring the tokenization of metal inventories that have not been issued warehouse receipts.Unlike warehouse metal that already has standardized financing mechanisms, this type of inventory currently lacks mature financing channels. Insiders revealed that LME plans to hold a closed-door industry roundtable meeting in early November to discuss the plan. The Hong Kong Stock Exchange is also testing carbon credit tokenization to achieve near real-time trade settlement.

According to Decrypt, James Comer, the Chairman of the House Oversight Committee (Republican from Kentucky), has launched an investigation into a proposed company entity in Delaware that would be operated daily by AI entities.In a letter to Delaware Governor Matt Meyer, Comer stated that the proposed "Artificial Intelligence Company" (AIC) could exempt AI companies and their investors from liability for damages caused by AI entities, and he requested the governor to submit relevant documents and communications, including "internal AI chat logs," by November 9.The proposal was announced in July in a joint article in Fortune by Delaware Secretary of State Charuni Patibanda-Sanchez and Norm Ai CEO John Nay, positioning it as a public-private partnership led by Norm Ai.By design, the AIC could sue and be sued, hold property, and assume obligations under the direction of AI entities; its sole member must maintain sufficient capital and is not liable for the company's debts except in cases of incomplete capitalization, fraud, or willful misconduct. The AIC can only operate within a regulatory sandbox for 30 months, must disclose its identity to counterparties, and is prohibited from conducting banking activities.Comer also questioned the role of private sector participants in the proposal, stating that the Delaware AI Commission's report due in December 2025 did not mention a security risk assessment or consult independent experts, and the Secretary of State's office refused to clarify its relationship with an AI company involved in the project.He stated that this information could inform federal legislation, including proposals to limit state-level AI regulatory initiatives. The Secretary of State's office denied that the plan is a liability waiver arrangement, and Governor Meyer defended it, with state legislators expected to review the legislative proposal in January.

According to U.S. SEC filings, the Dogecoin Foundation has terminated its exclusive trademark licensing agreement with the Nasdaq-listed company House of Doge, effective October 19. House of Doge and its U.S. subsidiaries must rebrand by the end of 2026 and cease using titles such as "official commercial partner of the Dogecoin Foundation." The relevant subsidiaries are also required to pay the foundation a termination fee of $400,000.Under the new agreement, House of Doge retains non-exclusive trademark rights to three existing 21Shares DOGE investment products. House of Doge plans to transfer assets related to Such App to Dogecoin Labs in exchange for shares valued at approximately $4 million, a transaction that has yet to be completed. Dogecoin Labs has become the foundation's new official commercial partner.

According to the Korea Economic Daily, the South Korean presidential office, the Blue House, is inclined to postpone the implementation of the cryptocurrency asset income tax originally scheduled for January 1, 2027. If ultimately approved, this will be the fourth delay of this tax system. However, the Blue House emphasized that discussions are still ongoing and no final decision has been made.Under the current arrangement, South Korea will tax income from the transfer or lending of cryptocurrency assets, with an annual income deduction of 2.5 million Korean won as a basic tax exemption, taxed at a comprehensive rate of 22%. Reasons for the Blue House's consideration of a delay include difficulties in obtaining overseas trading information and a high participation rate among young investors. The South Korean government is concerned that the United States plans to participate in the Cryptocurrency Asset Reporting Framework (CARF) in 2029, and if South Korea imposes taxes in advance, it may be difficult to fully grasp the relevant income of South Korean residents on U.S. exchanges.

According to The Defiant, the Dogecoin Foundation and House of Doge have terminated their previous exclusive brand partnership agreement. Under the arrangement, House of Doge retains limited rights related to investment products.In addition, the two parties have a separate transaction that will exchange assets related to Such App for $4 million worth of Dogecoin Labs stock.

U.S. Senator Richard Blumenthal has launched an investigation into the payment of approximately $6.3 million by the stablecoin issuer Tether to the consulting firm Nxum. Nxum was co-founded by former White House cryptocurrency advisor Bo Hines, who holds one-third of the company's shares. On October 22, Blumenthal sent a letter to Tether CEO Paolo Ardoino, requesting the contracts between the two parties, cryptocurrency payment records, wallet addresses, and communication content.Tether is accused of paying Nxum $415,000 per month since May 2025 for strategic communications, lobbying, and public relations services. Blumenthal pointed out that Bo Hines, while serving as the executive director of the White House Digital Assets Advisory Committee, still held shares in Nxum and coordinated affairs with the company through encrypted communication applications. He also questioned whether Tether transferred cryptocurrency through the marketing company Notorious and then allocated funds to Nxum shareholders. Tether began directly contracting with Nxum after August 2025 and hired Bo Hines to oversee the newly established U.S. operations. Blumenthal has requested that Tether, Nxum, and related parties respond by November 6, noting that the relevant allegations have not yet formed a legal determination, and Tether has not publicly responded.

The White House announced that Trump further adjusted the scope of tariffs on Canadian products imposed under Section 338 of the Tariff Act of 1930.

According to official news, the parent company of the Web3 payment integrated application Gold House has signed an agreement to acquire the Canadian MSB company THREESTONES VENTURES LTD. This transaction is currently entering the subsequent phase of the acquisition process.It is reported that this proposed acquisition is a strategic move by Gold House to expand its digital asset business, fiat-to-cryptocurrency capabilities, and cross-border payment infrastructure, aiming to further strengthen its Web3 payment ecosystem and connect digital assets with traditional financial services.Upon completion of the acquisition, Gold House plans to leverage the regulatory registration and operational capabilities of the acquired entity (subject to applicable regulatory requirements) to explore new opportunities in digital asset payments, merchant services, and cross-border settlements. As a Web3 ecosystem that integrates social networking, digital asset management, and payments, Gold House is committed to connecting digital assets with real-world commerce and expanding access to seamless, diverse payment solutions.

U.S. President Trump will emphasize his administration's actions against overseas cryptocurrency fraud at a cybercrime prevention event at the White House on Wednesday. According to Reuters citing White House officials, these overseas criminal networks lure Americans into participating in fraudulent cryptocurrency investments. Trump and cabinet members plan to point out that the government has shut down multiple fraudulent cryptocurrency investment websites and is working to close down online impersonation scams. Secretary of Homeland Security Markwayne Mullin, FBI Director Kash Patel, Secretary of Defense Pete Hegseth, and Attorney General Todd Blanche are expected to attend.The event follows an executive order from March this year, where Trump instructed the Department of Justice to prioritize identifying and prosecuting cyber fraudsters, followed by a memorandum requiring the Department of Homeland Security to collaborate with private companies to monitor foreign criminal hacker organizations. FBI data shows that in 2025, over 1 million cyber fraud complaints were submitted by the American public, a 17% increase from 2024, with record losses. Cryptocurrency fraud accounted for more than half of the losses, with the FBI's Internet Crime Complaint Center recording 181,565 cryptocurrency-related complaints, resulting in losses of $11.366 billion, with cryptocurrency investment fraud causing $7.2 billion in losses.Most of the fraud activities trace back to organized crime groups in Southeast Asia, involving Cambodia, Laos, and Myanmar, where criminals exploit trafficking victims as forced labor in scam operations. Americans aged 60 and above bear the heaviest losses, with cryptocurrency-related losses reaching $4.43 billion. Cryptocurrency ATM fraud caused losses of $389 million, a 58% increase from 2024; secondary scams targeting previous victims caused an additional $1.4 billion in losses. The FBI's "Operation Upgrade" notified 3,780 victims suffering from cryptocurrency investment fraud in 2025, estimated to recover $225.8 million.

On October 20, 2026, Jason Pagoulatos, a macro and market author at the cryptocurrency research institution Delphi Digital, released a report titled "The House Always Wins: Why Speculation is the Theme of This Decade." Pagoulatos stated that speculation has two long-term engines: constructive and lottery-like. Technological changes open the former, while fiscal and political pressures open the latter; historically, many famous bubbles have been driven by one or the other. Today, both are operating at high speed simultaneously, and the same batch of technologies is feeding both. He thus considers speculation itself as an investable theme, advocating for holding places for liquidation bets rather than holding the bets themselves.The data cited in the report includes that the U.S. federal deficit for fiscal year 2025 is $1.8 trillion, about 5.8% of GDP, with net interest around $1 trillion per year, exceeding defense spending. The Harvard Joint Center for Housing Studies states that the national median price for single-family homes in 2024 is 5.0 times the median household income; the National Association of Realtors reports that first-time homebuyers account for 21% of transactions, with a median age of 40. According to the American Gaming Association, legal sports betting amounts have risen from $6.6 billion in 2018 to $166.9 billion in 2025. Capital expenditures for Microsoft, Alphabet, Amazon, and Meta are approximately $416 billion for 2025, with guidance for 2026 totaling about $720 billion to $745 billion, plus Oracle.In terms of venues, Robinhood's event contract revenue for Q2 2026 is $156 million, higher than stock revenue of $129 million and crypto revenue of $100 million during the same period. Hyperliquid's expenses for 2025 are about $972 million, with transactions around $3 trillion. Kalshi reportedly raised funds at a valuation of about $40 billion, and Polymarket is set to relaunch in the U.S. by the end of 2025. The author also mentions that the most likely mistake is to hold inventory of the crowd and call it a casino. The report states that it is for educational and general informational purposes only and is not investment advice; the author may hold Bitcoin, HYPE, HOOD, and LIT, and affiliated party Delphi Ventures may invest in the assets or agreements discussed in the report.

Patrick Witt, the Executive Director of the White House Presidential Digital Asset Advisory Committee, announced his departure from government service to return to the private sector. He made this decision public last week, and the White House has not yet announced a new head of cryptocurrency policy, with a successor still undetermined.Previously, Harry Jung and Bo Hines had also left the committee. White House officials stated that cryptocurrency policy and the Digital Asset Market Clear Act will remain a focus of the Trump administration, but the personnel vacancies have raised concerns about the momentum of policy advancement.As the midterm elections approach next month, the administration is still advancing rule-making in the digital asset space. After the new Congress is sworn in in 2027, cryptocurrency legislation will require coordination from a White House liaison, with tax legislation expected to proceed ahead of market structure reforms; if the Democrats flip the House of Representatives, the congressional landscape may also bring new variables. Meanwhile, the rule-making efforts of agencies such as the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Office of the Comptroller of the Currency, and the Department of the Treasury will continue.

U.S. Secretary of State Rubio stated that no one in the White House ordered a reduction in the speed of Ukraine's access to "Starlink." An advisor to the President of Ukraine claimed that SpaceX had throttled "Starlink," causing mission interruptions, but the services used by the Ukrainian military have returned to normal. President of Ukraine Zelensky stated that the speed limit is only effective within Ukraine.

According to Axios, a Ukrainian official expressed a high level of skepticism regarding Trump's statements and believes that there are individuals within the U.S. government involved in the restrictions on the relevant systems.The official stated that those who have spoken with SpaceX indicated that the White House was involved in this decision.

Insiders revealed that the order to restrict Ukraine's access to the Star Shield system came from within the White House.

During the promotion of the GENIUS Act by former White House crypto advisor Bo Hines, the consulting firm Nxum, which he co-founded and holds shares in, established a business relationship with Tether. Tether paid over 6 million dollars to Nxum, with the related funds distributed among three partners.Although Hines has exited the daily operations of Nxum, he continued to discuss the act with partners via Signal during his tenure. After the GENIUS Act was signed into law in July 2025, Hines left in August and was appointed CEO of Tether's U.S. stablecoin business in September, raising questions about potential conflicts of interest.

According to Axios, senior advisors to Ukrainian President Zelensky communicated with White House officials to inquire whether a decision had been made to cut off "Starlink" services and to discuss solutions. The Ukrainian side also had similar communications with the CIA and the Pentagon. White House officials stated that they could not control SpaceX, and the Trump administration would contact SpaceX to understand the situation.

According to The Block, there has been another personnel change at the White House regarding digital asset regulation, as Patrick Witt has concluded his term as the White House Chief Crypto Advisor. A White House official stated in an email to The Block on Wednesday that Witt's "detail has expired" and expressed gratitude for his work during the Trump administration, wishing him success in the future. Previously, Crypto In America reporter Eleanor Terrett reported that Witt was an employee of the Department of Defense and held a temporary position on the White House Crypto Council.Witt, in his role as Executive Director of the President's Advisory Council on Digital Assets, led the Washington effort to push for the broad crypto legislation known as the Clarity Act. The House version of the bill was passed over a year ago, after which he was responsible for coordinating negotiations in the Senate. However, the Senate version faces multiple obstacles, including disagreements between the banking sector and the crypto industry on the treatment of stablecoin rewards, as well as how to address the conflicts of interest arising from President Trump's substantial crypto assets. The latter became a major reason why the bill failed to pass its first procedural vote last month, as Democrats were concerned that the relevant provisions would not be enforceable, since decisions on whether to take enforcement action against the president would be made by the Department of Justice rather than the states.Witt is the third high-level crypto official to leave the White House. David Sacks, who was in charge of crypto and artificial intelligence affairs, departed in March, stating that his 130-day term as a special government employee had ended; Witt's deputy director, Harry Jung, also left in July.

Bitcoin News posted on platform X that the White House is exploring acquiring Bitcoin through existing federal government funding to expand the United States' strategic Bitcoin reserves. Patrick Witt, the Executive Director of the President's Advisory Council on Digital Assets, told Lark Davis that purchasing Bitcoin on the open market requires congressional authorization, and the government is currently researching ways to receive or convert existing federal funds into Bitcoin.The plan aims to follow President Trump's executive order to expand the United States' strategic Bitcoin reserves without increasing taxpayer spending.

The Trump administration plans to transfer three senior officials from the U.S. artificial intelligence model testing agency CAISSI to the White House, reporting directly to White House technology policy director Michael Kratsios and national cyber director Sean Cairncross. The government had previously considered moving the entire agency to the White House but ultimately only adjusted part of the senior leadership; the related transfers have not yet been completed, and the identities of the three officials have not been disclosed. Since its establishment by the Biden administration, the agency has used three different names in less than two years, and Chris Fall, the head, resigned just three months after taking office in July of this year, with a successor yet to be determined.CAISSI is affiliated with the National Institute of Standards and Technology (NIST) under the U.S. Department of Commerce, has about 40 employees, and an annual budget of approximately $15 million, responsible for model safety assessments. According to informed sources, the agency is collaborating with the National Security Agency to test OpenAI's Astra and Anthropic's Mythos before public release; it has previously assessed DeepSeek V4 Pro and Zhiyuan GLM-5.3. Google confirmed that Gemini 4 Argon has participated in the voluntary testing process before the U.S. government release. The White House hopes that this adjustment will allow model testing experts to be more directly involved in policy decision-making.