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Regulation & Politics

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
Safe Investor Greenfield Files Swiss Regulatory Complaint Over Foundation Governance
Regulation & Politics

Safe Investor Greenfield Files Swiss Regulatory Complaint Over Foundation Governance

Greenfield says it asked the Safe Ecosystem Foundation to remove Gnosis co-founder Stefan George from its board and add independent members, and that every request was rejected
Kalshi and Coinbase Win Partial Illinois Ruling on Sports Contracts
Regulation & Politics

Kalshi and Coinbase Win Partial Illinois Ruling on Sports Contracts

The judge found state licensing rules likely conflict with federal derivatives law, but left transaction fees unresolved and ordered the parties to propose injunction terms.
IMF Approves $138 Million for El Salvador After Bitcoin Waiver
Regulation & Politics

IMF Approves $138 Million for El Salvador After Bitcoin Waiver

The fund still expects no further Bitcoin accumulation beyond documented donations and wants the state’s remaining Chivo exposure fully unwound.
SEC Proposes Crypto Self-Custody Route for Investment Advisers
Regulation & Politics

SEC Proposes Crypto Self-Custody Route for Investment Advisers

The proposal also sets conditions for state trust company custody, with public comments due 60 days after Federal Register publication.
LIBRA class action dismissed
Regulation & Politics

Judge Dismisses LIBRA and M3M3 Class Action With Prejudice

Judge Jennifer Rochon ruled that six months of memecoin launches cannot sustain a RICO claim, and that plaintiffs never pleaded Meteora as an entity capable of being sued.
OFAC Sanctions Tren de Aragua ATM Network, Lists Seven Tron Addresses
Regulation & Politics

OFAC Sanctions Tren de Aragua ATM Network, Lists Seven Tron Addresses

Chainalysis says the wallets’ counterparties had exposure to laundering networks used by Mexican and Colombian cartels and Venezuelan launderers.
Daines Unveils Crypto Tax Bill Pairing Payment Relief With Wash-Sale Rules
Regulation & Politics

Daines Unveils Crypto Tax Bill Pairing Payment Relief With Wash-Sale Rules

The ADAPT Act would exempt qualifying stablecoin purchases and crypto-paid transaction costs of $10 or less from gain-or-loss recognition, while restricting loss harvesting.
UK FCA Opens Crypto Authorization Window Ahead of 2027 Regime
Regulation & Politics

UK FCA Opens Crypto Authorization Window Ahead of 2027 Regime

Existing firms that apply by Feb. 28, 2027 can keep taking new business if their applications are still pending when the regime starts on Oct. 25.