At the Blockchain Association Policy Summit, when asked about the US Treasury's cryptocurrency proposal, Tom Emmer, a member of the House Financial Services Committee and a representative from Minnesota, criticized the US Treasury's proposal to strengthen control over cryptocurrencies, criticizing the agency's "savior complex".

Self-managed retirement funds in Australia have seen a 400% increase in allocation to cryptocurrency over the past four years, making it the largest growing asset class in these funds. As of September, these funds held a total of $658.6 million worth of cryptocurrencies, up from just under $131.5 million in the same quarter of 2019. However, the amount of crypto held in these funds has dropped 38% compared to the all-time high in the quarter ending June 2021. Despite this, local crypto exchanges offering crypto superannuation products are on the rise.

The IRS is proposing new tax rules for cryptocurrency providers that could have significant consequences for the industry. The agency wants to expand the definition of "brokers" to include nearly all crypto-service providers, requiring them to collect personal information from users and report it to the IRS. This move could roll back the anonymity and flexibility currently offered by digital assets and reshape the entire US cryptocurrency landscape. The industry's response has been marked by concern and proactive engagement, with major players expressing apprehensions about the intrusion into personal privacy. The cryptocurrency industry must proactively engage with regulators to ensure the creation of fair, practical, and innovation-friendly regulations while preserving its innovative and decentralized nature.

Hester Peirce, a commissioner of the US Securities and Exchange Commission (SEC), said at an industry conference that many of the enforcement cases initiated by the SEC seem to have no rhyme or reason. In 2023, the SEC will increase its enforcement actions related to securities issuance by 48%, one of which is the case against NFT issuer Stoner Cats 2 LLC, and Peirce said, "I don't think its primary goal is to prevent people from buying Stoner Cats." When asked about her views on the "outcome" of the SEC's work in the crypto space, Peirce did not give a clear answer, saying, "We need to stick to the authority given to us by Congress, rather than go beyond that scope."

Binance has announced that it has successfully executed the world's first cryptocurrency tripartite agreement with a third-party banking partner. This solution enables institutional investors to custody assets with a third-party banking partner in the form of legal equivalents such as treasury bills, and also allows them to earn additional asset income.Binance stated that it is currently the only cryptocurrency exchange that provides such a solution. The solution connects the traditional market and the cryptocurrency market, directly addressing the counterparty risk issues that institutional investors are most concerned about. It replicates the framework commonly seen in traditional financial markets, allowing investors to allocate cryptocurrency assets in proportion to their risk tolerance.

The Brazilian Senate has given the green light to new income-tax regulations that could result in citizens having to pay up to 15% on earnings from cryptocurrencies held on international exchanges. The bill has already been approved by the Chamber of Deputies and could come into effect from January 1st if it is sanctioned by President Luiz Inacio Lula da Silva. The new regulations will apply to Brazilians earning over $1,200 from foreign exchanges and investment funds with a single shareholder, with the government aiming to generate $4 billion in revenue from these taxes in the new year. Despite Brazil ranking ninth in terms of crypto adoption, Senator Rogerio Marinho criticized the law, stating that it was introduced due to poor management.

The UK government is encouraging crypto investors to report any unpaid taxes voluntarily to avoid penalties. A recent survey revealed that 72% of crypto owners in the UK have not read the government's crypto tax guidance, but this will not be accepted as an excuse for tax evasion. Tax advisors warn that regulators can use various tactics, including whistleblowers and creditor lists from bankruptcies, to track undeclared crypto. The government has requested investors to calculate and disclose any unpaid income or capital gains taxes voluntarily to avoid penalties or additional interest. It is important for investors to keep track of their transactions to make the tax calculation process easier, as failure to do so could result in difficulties. The UK plans to penalize crypto users who do not pay their taxes.

 Robinhood announced plans to start offering cryptocurrency trading in the European Union in the coming weeks.

Sentinel One, a US information technology security company, announced in a report on its website that it had discovered that the hacking group "Blunorov" recently launched a hacker attack on Apple's computer operating system (macOS). Bluenorov is an affiliated organization of the North Korean hacking group Lazarus, known for mainly targeting cryptocurrency experts.

Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), has stated that cryptocurrencies have failed as a medium of exchange or store of value and will eventually leave the scene. Menon believes that the future monetary system will consist of central bank digital currencies (CBDCs), tokenized bank liabilities, and regulated stablecoins. MAS has invested in the development of a regulatory framework for stablecoins, but the legislative amendments for the stablecoin regulatory framework will not be ready for at least a year.