Key Highlights Former CFTC Chair J. Christopher Giancarlo argues that federal agencies like the SEC and CFTC already possess sufficient authority to regulate crypto without the stalled CLARITY Act. The CLARITY Act passed the House in July 2025 but failed to clear a critical Senate cloture vote in September 2026, stalling at a 49-50 margin ...
Key Highlights: Major digital asset and trading firmsāincluding Coinbase, Kalshi, Kraken parent Payward, DRW Holdings, Jump Trading, and Paradigmāhave filed a letter backing the CFTC in federal court. The coalition supports the CFTC against a lawsuit filed by the Capital Markets Alliance (CMA), a group representing traditional finance heavyweights such as Citadel Securities and Cboe. ...
Key Highlights: Federal crypto legislation remains impeded following the Senate procedural failure of the CLARITY Act, leading observers to conclude: āWe do not expect substantial movement in Congress on key digital assets legislation.ā While industry and AI political action committees saw victories in 40 non-competitive races, they dropped nine of 12 closely contested races called ...
Key Highlights: The SEC is aggressively advancing its digital asset rulemaking independently following stalls in Senate crypto market structure legislation. Regulatory maneuvers align with President Donald Trumpās executive mandate to establish the United States as the “crypto capital of the world.” The CFTC has simultaneously submitted a proposal to the OMB targeting consumer protections and ...
Key Highlights: Congressional Democrats are preparing a comprehensive cryptocurrency bill that could be introduced when the new Congress convenes on January 3, 2027. The draft proposal seeks to expand the SEC’s oversight powers over digital assets while limiting the authority of the CFTC, building upon investor protection measures first proposed by Representative Maxine Waters. Hunter ...
Key Highlights Prometheum co-CEO Aaron Kaplan emphasizes that the digital asset sector’s future depends on leveraging existing federal securities frameworks rather than waiting for congressional action. The $GENIUS Act, enacted with bipartisan backing in 2025, establishes federal reserve and oversight standards for payment stablecoins, taking effect on January 18. Without comprehensive statutory overhauls from Congress, ...
Key Highlights: Digital Assetās Canton Coin serves as a fee mechanism for its privacy-focused financial blockchain infrastructure without an initial coin offering, pre-mine, or pre-launch token allocation. Securities and Exchange Commission (SEC) staff highlighted two core positions: the asset’s value relies on programmatic mechanics and market demand rather than essential managerial efforts, and the ecosystem ...
Key Highlights: The Crypto Council for Innovation (CCI), alongside Bitwise, Galaxy Digital, and Morpho, has proposed a two-sided “Control Framework” to evaluate crypto vaults under U.S. federal securities laws. Total assets deposited in crypto vaults reached $131 billion in April 2026 as traditional financial institutions increasingly explore on-chain vault technology. Industry leaders are urging the ...
Key Highlights: xStocks’ on-chain assets under management (AUM) surged 19.1% within a single month, jumping from $868 million to $1.03 billion despite broad price declines. New capital outpaced asset depreciation with $209 million in net inflows counteracting $52 million lost to market downturnsāa four-to-one ratio of incoming capital to price losses. Over $300 million in ...
Key Highlights: Coinbase launched its first batch of tokenized equitiesāfeaturing Apple, NVIDIA, Meta, and Alphabetāfor international users, with CEO Brian Armstrong envisioning that all asset classes will eventually transition on-chain. The SEC rolled out an “Innovation Exemption” regulatory sandbox for blockchain-based securities, though public firms like Wells Fargo and Arm Holdings have opted out of ...
Key Highlights The SECās Division of Examinations has released its FY2027 priorities, introducing “super intelligence” (SI) and “tokenization” into its formal oversight roadmap across more than 34,000 registrants. Rather than siloing crypto into a distinct digital-asset bucket, the regulatory agency has positioned tokenization as fundamental market infrastructure alongside Treasury clearing reforms and Regulation SCI compliance. ...
Key Highlights: Major U.S. corporations, including Microsoft, Alphabet, and Goldman Sachs, have filed formal objections to having their equity shares tokenized under a new SEC regulatory framework. Former New York Governor Andrew Cuomo, board member of OKX and co-chair of the OKXICE venture, defended the initiative, framing the pushback as an experimental phase in transitioning ...