Key Highlights House Democrats are drafting a new cryptocurrency market structure bill ahead of taking control of Congress, according to journalist Eleanor Terrett. The upcoming legislative proposal is expected to broaden the regulatory authority of the Securities and Exchange Commission (SEC). The draft may revive regulatory provisions previously rejected during negotiations surrounding the Digital Asset ...
Key Highlights: The Commodity Futures Trading Commission (CFTC) is defending its regulatory approach to stock perpetual futures following legal challenges alleging Administrative Procedure Act violations. Alliance secretary Adam Ford cautioned that circumventing established administrative procedures weakens vital safeguards for market participants and investors. Proponents argue that offering regulated perpetual futures under joint CFTC and Securities ...
Key Highlights: The California Department of Financial Protection and Innovation (DFPI) formally urged the SEC to withdraw Rule 500 from its proposed Regulation Crypto Assets framework. State regulators warn that preempting state-level registration and qualification strips away essential pre-sale screening that protects everyday retail investors from high-risk token offerings. The pushback targets an SEC initiative ...
Key Highlights: A total of 22 major corporations have filed formal objections to prevent OKXICE from listing tokenized versions of their equities. The pushback utilizes a September 17 U.S. Securities and Exchange Commission exemption rule granting companies a 30-day window to block third-party tokenization. New objectors include Wells Fargo, Arm, and Moderna, complicating the joint ...
Key Highlights A Harris Poll survey commissioned by the National Cryptocurrency Association (NCA) reveals that 50% of recent crypto offering buyers lost money over a 12-month span due to fraud, hacks, or abandoned projects. In an October 20 submission to the U.S. Securities and Exchange Commission (SEC), the NCA urged standard disclosure requirements, verified domestic ...
Key Highlights Public companies face tight 30-day windows under the SEC framework to decide whether third parties can tokenize and trade their shares. Latham & Watkins warned that failing to object in time acts as an irrevocable consent, leaving firms unable to stop trading or withdraw approval later. Industry leaders note that a lack of ...
Key Highlights: Six industry organizations have urged the U.S. Securities and Exchange Commission (SEC) to formally integrate digital commodity classifications and staking guidelines into its proposed Regulation Crypto Assets framework. Market participants, including Wall Street and decentralized finance (DeFi) groups, have submitted over 100 comments debating startup registration exemptions, airdrop oversight, and secondary trading. Concurrently, ...
Key Highlights Nine public companies have filed formal objections against having their shares tokenized on OKXICE’s upcoming 24/7 trading venue. The trading platform, a joint initiative by Intercontinental Exchange (ICE) and OKC USA Holding Inc., uses permissioned Uniswap v4 liquidity pools on OKX’s X Layer network. Under the Securities and Exchange Commission’s temporary exemptive relief, ...
Key Highlights: A Democratic victory in the U.S. House or Senate could significantly increase political, oversight, and legal scrutiny on the financial and cryptocurrency sectors under the Donald Trump administration. Congressional investigators are expected to focus heavily on the Trump family’s financial ties to crypto and prediction markets, alongside potential conflict-of-interest and national security concerns. ...
Key Highlights: The U.S. Securities and Exchange Commission (SEC) is advancing proposed amendments to the cross-trading framework under the Investment Company Act. The regulatory overhaul aims to grant registered investment funds and their affiliates greater operational flexibility and reduced trading expenses. Market participants are evaluating the proposal’s dual focus on modernizing fund operations and strengthening ...
Key Highlights: Securities and Exchange Commission Chairman Paul S. Atkins signaled upcoming regulatory proposals aimed at preventing onchain markets from being driven offshore. The SEC’s planned custody overhaul would permit self-custody under specific conditions, recognize state trust companies as custodians, and address broker-dealer safekeeping services. Complementary customer-protection proposals outline proof-of-reserves verifications, asset segregation, and a ...
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 ...