Regulation & Politics

The planned rule would cover advisers and investment companies and clarify digital-asset custody, following the withdrawal of a separate 2023 proposal.

The president said CFTC Chair Michael Selig is working to bring the geoblocked perpetual futures venue into the US "in a fully compliant and legal fashion," sending HYPE and Hyperliquid Strategies shares up and CME and Cboe down.

The proposal pairs two registration exemptions with a conditional safe harbor that would take the "investment contract" label off a token, and preempts state securities law. All three sitting commissioners backed it in a vote held outside a public meeting.

Atkins says the framework would support compliant onchain trading while long-term rules are developed; Friday's scheduled Commission consideration covers a separate offering proposal.

The complaint says $87 million went to Ponzi payments, $174 million to recruiter commissions and $48 million to CEO Christopher Delgado's personal spending, with recoveries for roughly 1,600 customers now running through a bankruptcy estate.

Treasury says HormuzSafe, developed by Iran's Ministry of Economy, accepted digital assets to fund an IRGC-backed 'extortion' scheme targeting commercial shipping.

The $1.79 trillion asset manager joins BlackRock, Fidelity and Goldman Sachs in backing the crypto market-structure bill as senators review updated Senate text.

Securitize Capital's registration took effect July 22, SEC records show, adding an advisory license to the tokenization firm's U.S. regulatory lineup three weeks after its NYSE debut.

Coinbase, the Blockchain Association and the DeFi Education Fund urged the Senate to pass the 616-page merged draft, while Sen. Angela Alsobrooks called its DOJ-led ethics enforcement "wild and unserious and stone-cold crazy."

Bitcoin reclaimed $66,000 after reports that the White House circulated agreed-upon ethics-provision language to Senate Republicans, removing the main obstacle to a floor vote before the August recess.