Key Highlights: Vault12 completed or formally abandoned every commitment in its 2018 token sale white paper, yet its VGT token has never been listed on any exchange due to unresolved regulatory uncertainty. Exchanges approached by Vault12 about listing VGT repeatedly demanded assurance that the SEC would not retroactively challenge the token’s legal status, a guarantee ...
Key Highlights The SEC is advancing a comprehensive digital asset framework, building on major reforms initiated after former Chair Gary Gensler’s departure in 2025. Key regulatory initiatives include a crypto custody framework, Regulation Crypto Assets, and a 5-year Innovation Exemption sandbox for decentralized trading. While SEC leadership aims to make the U.S. the global crypto ...
Key Highlights: The SEC is considering allowing state-chartered trust companies and regulated broker-dealers to provide crypto custody services under specific safeguards. A proposed exemption would permit authorized discretionary trading without strict custody requirements if client accounts remain protected. The proposal replaces the SEC’s 2023 “Safeguarding Rule” proposal and is now subject to a 60-day public ...
Key Highlights SEC Commissioner Hester Peirce, known as “Crypto Mom,” resigned effective October 2, 2025, leaving the commission with only two sitting members: Chairman Paul Atkins and Commissioner Mark Uyeda. Peirce’s departure removes the leader of the SEC’s Crypto Task Force at a critical juncture as the agency advances token-classification FAQs and proposed Regulation Crypto ...