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Coinbase Opens IPO Allocations to US Retail Investors With Oura
TradFi & Fintech

Coinbase Opens IPO Allocations to US Retail Investors With Oura

Eligible US customers can request shares at the offer price before trading begins, but allocations depend on supply from underwriters and investor demand.
OCC Gives Catena Preliminary Conditional Approval for National Trust Bank
TradFi & Fintech

OCC Gives Catena Preliminary Conditional Approval for National Trust Bank

The proposed bank could custody and manage fiat, securities and digital assets, but Catena must meet capital, liquidity and preopening requirements before it can operate.
Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho
DeFi

Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho

The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.
One Size Dominates Kalshi's ETH Perp Volume
CeFi

One Size Dominates Kalshi's ETH Perp Volume

Most of the dollar volume in the exchange's ether perpetual futures comes from trades of a single repeating size, data from Kalshi's own public API shows. The exchange says its incentive programs are filed publicly.
Fairshake Plans $30 Million Ad Blitz Against Sherrod Brown in Ohio
Regulation & Politics

Fairshake Plans $30 Million Ad Blitz Against Sherrod Brown in Ohio

The super PAC’s biggest 2026 commitment follows a failed 49-50 cloture vote on CLARITY; Brown could return to the top Democratic post on Senate Banking.
World Liberty Opens WLFI Vote on 180-Day Governance Rewards
DeFi

World Liberty Opens WLFI Vote on 180-Day Governance Rewards

Payouts would have no fixed rate and come from a pool funded by the treasury and World Liberty Markets fees.
Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%
Markets

Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%

Bitcoin traded as high as $86,355 on Coinbase, its best level since Jan. 29, in a leg that started in the 8 a.m. UTC hour and extended through the U.S. open. West Texas Intermediate crude fell 8.1% and the Nasdaq Composite rose 1.6%. Perpetual funding sits near zero and the bitcoin and ether swaps trade below index. Of the 125 largest non-stablecoin tokens, 106 are higher.
Polygon Prepares Permissionless Burn of 100 Million POL
Tokens

Polygon Prepares Permissionless Burn of 100 Million POL

Contracts are on testnet and await final Security Council signatures, with later base-fee burns set to become community-callable each quarter, Sandeep Nailwal said.
CFTC
Regulation & Politics

CFTC Files Crypto Market Rulemaking With White House at Prerule Stage

The Office of Information and Regulatory Affairs received RIN 3038-AF80, "Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets," from the CFTC on Sept. 17, two days after the Senate blocked the CLARITY Act. OIRA lists the filing at the prerule stage, not as a proposed rule. Executive Order 12866 gives OIRA 10 working days to review preliminary actions, against 90 days for proposed and final rules. It is the only CFTC action pending White House review, and Michael Selig is the agency's only sitting commissioner.
Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout
DeFi

Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout

Strata scheduled a 48-hour valuation update that would write jrNUSD to zero while withdrawals from its senior tranche settle in sNUSD at revised share values.