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 ...
Key Highlights Weekend trading volume for TradFi perpetual futures across crypto exchanges has risen sixfold to $28 billion, with Binance accounting for nearly half. Nasdaq and the SEC have identified major infrastructure challenges as traditional markets move toward continuous trading. Tokenized equities and blockchain-based settlement could preserve crypto’s advantage even as Wall Street adopts 24/7 ...
Key Highlights US President Donald Trump is considering former SEC Chairman Jay Clayton for the role of “AI Czar.” The position would be responsible for artificial intelligence policies. Jay Clayton initiated the securities case against Ripple during his tenure as SEC chairman. Donald Trump Considers Jay Clayton for AI Policy Role US President Donald Trump ...
Key Highlights Summer Mersinger is stepping down as CEO of the Blockchain Association effective October 16, just one week after the U.S. Senate failed to advance the Digital Asset Market Clarity Act. Kristin Smith, the association’s founding CEO who led the organization from 2018 until 15 months ago, will return to helm the advocacy group ...