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Crypto-friendly US lawmaker Patrick McHenry won’t seek reelection in 2024

All 435 seats in the U.S. House of Representatives will be up for grabs in the 2024 election, with the future of crypto bills in the House Financial Services Committee uncertain. Cointelegraph.com News

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OpenAI’s Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler’s Digest, Nov. 12-18

Sam Altman is ousted from OpenAI, BlackRock and Fidelity seek Ether ETF approval and Australia to tax gains from wrapped tokens. Cointelegraph.com News

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Binance, CZ challenge CFTC, seek lawsuit dismissal

They pointed out that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction. Cointelegraph.com News

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Binance and CEO Changpeng Zhao intend to seek dismissal of CFTC complaint

Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC. Cointelegraph.com News

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Samsung to Seek Collaboration With Platform Firms on Blockchain Innovation and 6G

The vice chairman of Samsung says the firm will seek to collaborate with platform companies on the development of blockchain, AI and sixth-generation mobile networks Cointelegraph.com News

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California Public Accountants Seek Clarity on Cryptocurrency Holdings

California public accountants are seeking clarity on reporting cryptocurrencies, as current standards are reportedly insufficient Cointelegraph.com News

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Bloomberg: Institutional Crypto Trading Platform Bakkt May Seek New York BitLicense

Bakkt, the intercontinental Exchange-lead institutional cryptocurrency trading platform, could reportedly acquire a New York BitLicense to launch its bitcoin futures Cointelegraph.com News

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