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Strategy has been finally confirmed for removal from a Morgan Stanley Capital International (MSCI) index at the end of this month, AggrNews reported, citing a related filing. MSCI had been reviewing whether to keep Strategy in the index, and the decision means the planned removal is expected to proceed as scheduled later this month.

The U.S. SEC indicated that oversight of prediction markets falls under the Commodity Futures Trading Commission within the federal financial regulatory framework. According to industry sources on Nov. 12, the Capital Markets Association of America, a capital markets group centered on financial institutions, sued the CFTC, arguing the agency allowed single-stock perpetual futures to bypass securities rules by authorizing them. In an amicus brief filed with the court, the SEC rejected the plaintiff’s claim that a regulatory gap or breakdown exists between the agencies and defended the legitimacy of the current framework. The SEC also pushed back on CMAA’s description of an out-of-control CFTC and an SEC that had abandoned its role, saying the characterization was inaccurate.

DeFi Development Corp, an asset manager in the Solana ecosystem, has issued its preferred shares as a multichain tokenized stock, according to tokenized securities platform xStocks. xStocks said on Nov. 12 that DeFi Development Corp’s preferred shares, ticker CHAD, were formally launched as the tokenized stock CHADx across 10 blockchain networks. The asset is designed as a digital credit structure that pays daily dividends to onchain investors. CEO Joseph Onorati said CHADx’s onchain trading volume exceeded the size of its over-the-counter trading in traditional finance on its launch day.

DogeOS, an application layer designed to bring smart contracts and decentralized finance to the Dogecoin ecosystem, is nearing its mainnet launch, according to a podcast interview with DogeOS CEO Jordan Jefferson. Jefferson said on Nov. 11 that core development and security audits for DogeOS version one have been completed and the project is now preparing to go live on mainnet. While no specific launch date was disclosed, more than 100 developers are working on dApp development and integrations with major exchanges and wallet infrastructure. DogeOS provides an EVM-compatible environment aimed at expanding Dogecoin’s use cases beyond payments and tipping into DeFi, gaming, and onchain services. Jefferson said building out financial infrastructure is essential if Dogecoin is to function as a practical currency.

Peter Schiff, chairman of Euro Pacific Capital and a prominent gold bull as well as a cryptocurrency skeptic, criticized U.S. President Donald Trump’s profits from memecoin trading. In a social media post, Schiff claimed Trump realized about $1.4 billion in gains by selling memecoins. Schiff added the profits came at the expense of retail investors who entered the market and collectively suffered principal losses of a similar scale.

Tavi Costa, CEO of macro hedge fund Azuria Capital, said Bitcoin and silver are in an undervalued phase and price volatility is likely to increase as the Federal Reserve nears the end of its rate-hike cycle. On Nov. 12, Costa said Bitcoin is currently trading at an extremely undervalued level relative to its fundamentals and argued the long correction process has already driven out a substantial share of earlier supporters. Costa compared the move to gold’s roughly 30% pullbacks during past long-term bull markets, describing the current corrections in Bitcoin and silver as a similar pause within a broader uptrend. Costa also identified a weaker dollar and suppressed real bond yields as the key forces likely to define the next decade’s macro environment, adding that supply-constrained hard assets such as silver, mining stocks and Bitcoin could serve as effective diversification tools. Costa expects a broader price revaluation across Bitcoin and commodity markets as the Fed’s monetary tightening phase approaches its final stage.

Polymarket, a global prediction market platform, has carried out a restructuring that included job cuts and the termination of external contractor agreements to improve organizational efficiency, Bloomberg reported on Nov. 12. The company said it reduced full-time headcount and ended some vendor contracts as part of an organizational overhaul following the appointment of new management. While it did not disclose the scale of the layoffs, Polymarket said it also conducted new hiring and internal role reassignments in some functions. Bloomberg said the restructuring came amid rapid growth at rival Kalshi and pressure from investors to improve management performance. As Kalshi expanded trading volume on the back of U.S. regulatory approval and challenged Polymarket’s leading position, investor demands for stronger profitability appear to have intensified.

A U.S. federal court denied sports prediction market platform Novig’s request for a preliminary injunction to halt New York state gambling enforcement, The Defiant reported on Nov. 12. In the injunction hearing, the court found it was difficult to recognize the sports event contracts offered by Novig as swaps subject to federal regulation under the Commodity Exchange Act. The court said the contracts were, in substance, illegal sports betting subject to state regulation and recognized New York authorities’ power to enforce the law. The court also said the U.S. CFTC’s policy intervention lacked a strong legal basis, according to The Defiant, referring to the agency’s effort to bring prediction market platforms under the federal derivatives regulatory framework and shield them from state gambling laws.

Nasdaq-listed video platform Rumble disclosed on Nov. 12 that it sold 198.46 BTC during the third quarter. Following the sale, the company’s total Bitcoin holdings fell to 94.68 BTC, pushing it down to 98th place in the Bitcoin 100 ranking of public companies by Bitcoin holdings.

U.S. Vice President JD Vance is considering direct talks with Iranian hardliners as part of efforts to end the war, The Wall Street Journal reported. U.S. and Middle Eastern officials said President Donald Trump told senior aides and other officials in recent days that he is open to restarting negotiations with Iran and has tasked Vance with handling the talks, according to the report. U.S. officials added that discussions about sending Vance to meet Iranian officials directly remain at an early stage.

Pump.fun announced support for the Sei network on its app. Users can trade all tokens on the Sei network through the app.

Nomura Holdings, Japan’s largest investment bank, is exploring a sale of its cryptocurrency subsidiary Laser Digital, according to the financial industry on Nov. 12. Nomura is in early talks with potential buyers including UK-based financial brokerage Marex over the sale of its stake in Laser Digital. The discussions remain preliminary, and there is no certainty a deal will be reached. Internal restructuring or retaining the business unit also remain possible. The review comes amid weaker performance. Laser Digital posted a steep loss last year as the market downturn and lower trading revenue weighed on results, becoming a major factor behind Nomura’s broader European unit slipping into the red.

A bill filed in Texas would allow local governments to allocate public funds directly to Bitcoin and other virtual assets, according to Texas legislative records. State Rep. Ron Reynolds, a Democrat, pre-filed HB 815 on Nov. 11, local time, to let cities and counties buy and hold Bitcoin or other cryptocurrencies within a limit of up to $10 million. If passed by the state legislature, the bill would take effect on Sept. 1, 2027.

According to a CoinShares survey released today, the average portfolio allocation to digital assets edged up to 1.3% from 1.2% in July. Investors reduced allocations to traditional assets such as stocks and bonds and reallocated funds from cash into alternative assets including commodities and digital assets. Portfolio diversification ranked as the top investment motive at 40%, while speculation fell below 9%, dropping to fifth place. By asset, Bitcoin and Ethereum maintained their status as core holdings, accounting for 47% of all position responses. In the altcoin segment, allocations to first-generation coins such as Cardano declined, while preference shifted toward emerging infrastructure tokens including Hyperliquid, Sui, Uniswap and Near. The biggest barriers to entry for investors were regulatory uncertainty and internal institutional rules. Meanwhile, the U.S. Federal Reserve's hawkish rate policy and delays in U.S. Congress's handling of the Clarity Act were cited as key drags on investor sentiment.

Solana Mobile has introduced a decentralized review system that distributes app screening and security verification for its dApp Store to external independent operators. On Nov. 11, Solana Mobile announced it had selected Helius and Jito as the first independent 'Guardians' for the Solana dApp Store. All new apps and updates submitted to the store will now have to pass automated security screening and policy compliance checks by the two operators, with review voting results recorded on-chain for transparent public verification. To participate in the network, each Guardian must lock up 250,000 SKR tokens. Regular token holders can also take part in the verification system by staking their holdings to a preferred Guardian. Solana Mobile is also running a program to buy back and permanently burn SKR in the market using revenue from validators and Seed Vault Wallets, managing the token's circulating supply.

Stablecoin supply shrank by $14.2 billion over the past 30 days, marking its sharpest contraction since the June 2022 bear market.

Democratic Sens. Angela Alsobrooks and Ron Wyden have asked the U.S. Department of Health and Human Services for clarification and federal safeguards on prediction market platform Kalshi’s betting contracts tied to clinical trials and FDA approvals. After Kalshi introduced the related pilot program in July, some critics raised concerns that market odds could undermine the integrity of actual trial outcomes or regulatory processes. The senators’ inquiry signals intensifying political scrutiny of a new category of prediction market products that has remained in a regulatory gray area.

Layer-1 blockchain NEAR Protocol (NEAR) said NEAR Mobile users can now open quantum-resistant vault accounts. The accounts use ML-DSA, a signature scheme standardized by the U.S. National Institute of Standards and Technology (NIST), for all transactions and allow users to send, receive, and stake tokens on mobile phones. NEAR introduced ML-DSA on its mainnet in July.

U.S. Democratic Sens. Elizabeth Warren and Jeff Merkley have asked the White House to explain allegations that a former teleprompter operator profited in Kalshi’s mention markets by using advance access to President Donald Trump’s speeches, according to The Block. The senators said the alleged insider trading by an individual in a position of public trust and close to the president should have served as a wake-up call for the administration to enforce stronger ethics policies.

Israel’s major commercial lender Discount Bank plans to launch Bitcoin and Ethereum trading through its mobile app on Nov. 26, Cointelegraph reported.

According to Ticker Tracker monitoring, ADI PredictStreet, an official World Cup prediction market partner, removed language from its official website saying it used USD1, a stablecoin under World Liberty Financial, in its operations and changed the reference to USDC.

Bitwise CIO Matt Hougan said Democratic control of the U.S. Congress after the midterm elections may have only a limited long-term impact on the crypto industry. Citing crypto lobbying group Stand With Crypto, Hougan said the next Congress is expected to have 51 crypto-friendly senators, little changed from 52 in the current Congress. In the House, at least 241 lawmakers were counted as crypto-friendly, giving them a majority, Hougan said. Democrats are expected to control both chambers, but the overall age of lawmakers has declined, which Hougan said could make the generational shift in Congress a positive factor for the long-term crypto policy environment. He added that tougher investigations into crypto projects tied to the Trump family could pose a short-term risk.

U.S. President Donald Trump said Iran will never possess nuclear weapons.

Decentralized lending protocol Aave said on its official X account that, following approval from the Aave DAO, Aave V3.8 has been deployed across 15 V3 markets. Version 3.8, developed by Aave Labs, adds security-related safeguards to Aave V3 in line with the Aave DAO’s security standards.

Decentralized lending protocol Moonwell said proposal MIP-X75 has been applied, lowering collateral factors for multiple assets on the Base and Optimism mainnets. VELO and wrsETH can no longer be used as collateral.