**This Week in Crypto: Big Moves from MetaMask, Gemini, and the SEC**

**Business Highlights**

Big news for MetaMask users — Joseph Lubin, CEO of Consensys and co-founder of Ethereum, hinted that a MetaMask token might launch sooner than expected. This could mark a major shift for the popular crypto wallet, giving users potential rewards and deeper involvement in the MetaMask ecosystem.

Japanese firm Metaplanet, known for holding large amounts of Bitcoin, is expanding to the U.S. The company is launching a new branch in Miami called Metaplanet Income Corp to grow its Bitcoin-based income and trading operations.

Gemini and the U.S. Securities and Exchange Commission (SEC) have reached a preliminary agreement regarding Gemini’s Earn program. This deal could signal a change in how crypto regulations are handled under a possible new political landscape.

Galaxy Digital made a bold move by buying $306 million worth of Solana (SOL). The purchase of 1.2 million SOL across multiple exchanges has sparked talk that the firm may be building a Solana-based treasury strategy.

**Web3 Developments**

AI startup Coral Protocol has launched Coral v1, a new platform that helps developers build AI-powered apps faster using Remote Agents. These agents make it easier to create complex AI tools that work together in real-time.

BTCC, the world’s oldest operating crypto exchange, released its September Proof-of-Reserves report. The report showed a strong reserve ratio of 143%, meaning all user funds are backed and overcollateralized. This provides more trust for traders using the platform.

Fasttoken (FTN), a blockchain asset focused on fast and secure transactions, is gaining real-world traction. As the project approaches its third anniversary, it’s proving useful across multiple industries thanks to low fees and quick processing times.

Fightfi, the team behind the blockchain-based fight sports platform Fight.ID, has expanded its partnership with the UFC. They’re working together to launch new fan experiences using Web3 tech, including NFTs and digital collectibles for fans to engage with fighters and events.

**Security News**

Canada has made its biggest crypto seizure ever — $40 million from the exchange TradeOgre. The Royal Canadian Mounted Police (RCMP) led a year-long investigation that ended with this record-setting confiscation tied to suspected criminal activity.

**Regulatory Updates**

U.S. Senator Elizabeth Warren and other lawmakers are pressing the Justice Department to check if Binance is sticking to its 2023 agreement involving sanctions and anti-money laundering rules.

The SEC has approved new listing standards that will speed up the approval process for spot Bitcoin ETFs. Under these rules, similar ETF applications won’t have to go through lengthy individual reviews anymore.

The U.S. and U.K. are preparing to announce a joint agreement focused on digital assets, especially stablecoins. This deal follows major discussions between government officials and crypto industry leaders from both countries.

Meanwhile, major crypto figures like Michael Saylor (co-founder of MicroStrategy) and Fred Thiel (CEO of Marathon Digital Holdings) recently met with lawmakers in Washington D.C. Their goal? To push for the creation of a U.S. national Bitcoin reserve as part of long-term economic strategy.

**Note:** This summary is meant to keep you informed about key trends and developments in the crypto world.