Crypto regulation, market moves, and major enforcement actions update

Crypto regulation, market moves, and major enforcement actions update

Crypto News Round-Up — November 2025

This roundup highlights the week’s most important developments in cryptocurrency and blockchain. Key stories include new regulatory hearings, major market movements, and law enforcement actions. Each piece notes why the news matters for the crypto community and broader markets.

Senate to Grill Trump Nominee on Crypto Regulation

A U.S. Senate committee announced it will question Michael Selig, President Trump’s pick to lead the Commodity Futures Trading Commission (CFTC), on Nov. 19. Senators plan to press Selig on his plans for cryptocurrency oversight and his stance on betting markets (www.reuters.com). The focus is on whether he will take a pro-crypto approach or tighten supervision as the market grows.

  • Why it matters: Selig’s confirmation hearing could signal how aggressively the new administration will regulate digital assets (Reuters). The CFTC chair has broad power over derivatives and futures markets, so his views may shape rules on crypto trading and enforcement. Investors and companies will watch for hints on future policy direction.

Singapore Exchange to Launch Bitcoin/Ethereum Futures

The Singapore Exchange (SGX) announced it will offer perpetual futures contracts for Bitcoin and Ethereum starting Nov. 24 (www.reuters.com). The contracts will be available to accredited and institutional investors and settle in U.S. dollars. SGX’s move is a major market development as Asia’s largest exchange expands crypto derivatives products.

  • Why it matters: The new futures increase institutional access to crypto markets through a regulated exchange. This could improve liquidity and price discovery for Bitcoin and Ethereum. It also reflects growing mainstream acceptance of crypto trading. More regulated derivatives may reduce volatility, but also encourage wider participation by mainstream investors.

BlackRock’s Bitcoin ETF Sees Record One-Day Outflow

Investors pulled $523 million from BlackRock’s flagship Bitcoin ETF (iShares Bitcoin Trust, IBIT) on Nov. 19, marking the largest single-day outflow since the fund’s January 2024 launch (www.reuters.com). The outflow coincided with a drop in Bitcoin prices, which fell below $90,000. Analysts noted that bearish sentiment and profit-taking may have driven the selloff.

  • Why it matters: ETF flows are a key indicator of institutional demand. The record outflow suggests investors are cautious about Bitcoin’s recent rally. It could signal a short-term cooling in market momentum (Reuters). Large withdrawals from such a high-profile fund may slow price gains and underline crypto’s vulnerability to shifting investor sentiment.

UK Fraud Office Probes $28M Crypto Scheme Collapse

Britain’s Serious Fraud Office (SFO) has launched an investigation into the collapse of a $28 million cryptocurrency investment scheme, Basis Markets. On Nov. 20, authorities arrested two men in London on charges of fraud and money laundering related to the scheme (www.reuters.com). The SFO’s action is the first major crypto-related probe by the agency.

  • Why it matters: The investigation underscores the legal risks in opaque crypto investments. Regulators in the UK are increasing scrutiny on digital assets, and this case may warn would-be fraudsters that law enforcement is catching up (Reuters). It also highlights the importance of regulatory compliance and transparency for crypto businesses seeking legitimacy.

US Launches Strike Force Against Crypto Scams

The U.S. Department of Justice announced a new “strike force” targeting cryptocurrency scams based in Southeast Asia. In mid-November, senior U.S. officials said the multi-agency team – including DOJ, FBI, Secret Service and Treasury – will focus on detecting, disrupting and prosecuting cross-border crypto fraud rings (www.techradar.com). The effort will coordinate with local authorities in countries like Myanmar and Cambodia, where many online scams originate.

  • Why it matters: This initiative demonstrates growing international cooperation against crypto-based fraud. Global enforcement signals to scammers that even overseas operations face repercussions. It could help crack down on high-volume investment scams and protect retail investors. The move also shows governments are taking cryptocurrency-related crime seriously (Techradar).

Convicted Twitter Hacker Ordered to Return $5.4M in Bitcoin

A British man convicted for his role in a 2020 Twitter hack was ordered by a U.K. court to return £4.1 million (about $5.4 million) worth of Bitcoin on Nov. 17. The hack targeted high-profile accounts (including Barack Obama and Elon Musk) and ran a “double-your-money” scam. Prosecutors said the decision marks one of the first times seized cryptocurrency must be repaid to victims (www.pcgamer.com).

  • Why it matters: This case highlights that cryptocurrency funds used in crime can be recovered and returned. It is a milestone for cybercrime enforcement in the crypto age. It may deter would-be hackers by showing that even complex schemes face legal consequences. For investors, it underscores the risk of online scams and the importance of security (Reuters).

Note: Cryptocurrency markets are highly volatile and can be influenced by regulatory actions, enforcement news, and macroeconomic factors. The information in this roundup is for educational purposes and should not be taken as investment advice. Readers should do their own research before making any financial decisions.

Bottom Line

This week’s news reflects a balance between expanding infrastructure and tightening oversight. Major institutions like SGX are adding new crypto products, while regulators in the U.S. and U.K. are intensifying scrutiny of digital assets. Large outflows from a top Bitcoin ETF and enforcement actions against fraudsters highlight the market’s caution and evolving legal landscape. In a rapidly changing environment, stakeholders should stay informed and carefully evaluate risks in the crypto space.