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CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States
Regulation & Politics

CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

The Commodity Futures Trading Commission published an Advanced Notice of Proposed Rulemaking covering retail crypto trading on margin, leverage or financing, and a new exchange registration category built for it. Chairman Michael Selig called it a federal option rather than a mandate. The notice would also codify delivery to a user's own non-custodial wallet within 28 days as an exception to on-exchange trading
Treasury Drops Crypto Wallet Surveillance Rules
Regulation & Politics

Treasury Drops Crypto Wallet Surveillance Rules

FinCEN withdrew the 2020 unhosted wallet reporting proposal and its 2023 finding that crypto mixing is a primary money laundering concern. The agency said it will keep monitoring mixers and may act again
Tim Draper's Firm Leads Strategic Round In Bitcoin Wallet Xverse
DeFi

Tim Draper's Firm Leads Strategic Round In Bitcoin Wallet Xverse

Trust Machines and Draper Dragon joined the round. Terms were not disclosed, and Xverse has not said what it raised or at what valuation.
OKX And NYSE Owner's Venture Files To Trade 63 Tokenized Stocks Onchain
TradFi & Fintech

OKX And NYSE Owner's Venture Files To Trade 63 Tokenized Stocks Onchain

OKXICE told the SEC it will run tokenized equity trading through permissioned Uniswap v4 pools on X Layer. Cerebras has already filed an objection to being included.
S&P Global Puts A Letter Grade On DeFi Lending Vaults
DeFi

S&P Global Puts A Letter Grade On DeFi Lending Vaults

The Vault Risk Assessment scores a vault from AAA(v) to D(v), and the curator running it can cap the result. S&P has not assessed a vault yet.
Plume Opens Tokenized Vault Backed By Fidelity's Bond ETF
TradFi & Fintech

Plume Opens Tokenized Vault Backed By Fidelity's Bond ETF

The nBND vault holds shares of an actively managed ETF rather than short-dated Treasuries, pushing onchain fixed income into credit and duration.
ICBA Sues OCC Over Crypto Trust Charters
TradFi & Fintech

ICBA Sues OCC Over Crypto Trust Charters

The complaint targets Protego’s conditional approval and seeks to stop the agency from granting charters under its disputed rule and guidance.
Illinois Agrees to Six-Month Crypto Tax Delay, Subject to Court Approval
Regulation & Politics

Illinois Agrees to Six-Month Crypto Tax Delay, Subject to Court Approval

The levy would charge customers on asset value rather than gains, with draft rules covering paid custody, transfers and stablecoin settlement.
Ripple and CSD BR Partner to Mirror Brazil's BTG Fund Records on XRP Ledger
TradFi & Fintech

Ripple and CSD BR Partner to Mirror Brazil's BTG Fund Records on XRP Ledger

The companies describe a live-transaction phase, with CSD BR retaining the official records for registration, deposit and settlement.
Centrifuge Confirms Three Tokenized Funds Are Live on Arc
DeFi

Centrifuge Confirms Three Tokenized Funds Are Live on Arc

JAAA, JTRSY and HYB span US Treasuries and credit, with direct fund access limited to non-US professional investors.