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Regulation & Politics

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading
Regulation & Politics

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading

Hester Peirce pushes back against "hyperbole" surrounding a contemplated SEC innovation exemption for tokenized NMS stock, emphasizing it would cover only digital representations of existing equities, not synthetic assets.
SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading
Regulation & Politics

SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading

The SEC is developing a new regulatory framework that would allow digital versions of publicly traded securities to trade on blockchain networks in the US.
Galaxy Receives BitLicense From New York State Department of Financial Services
Regulation & Politics

Galaxy Receives BitLicense From New York State Department of Financial Services

Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state.
Crypto Rallies as Senate Committee Advances Market Structure Bill to Full Senate
Regulation & Politics

Crypto Rallies as Senate Committee Advances Market Structure Bill to Full Senate

Bitcoin rose 3% and Coinbase stock surged more than 8% as the Senate Banking Committee advanced the most consequential crypto market structure bill in U.S. history. Substantial hurdles remain before it becomes law.
Crypto Bill Advances in Senate With Strong Support: Brian Armstrong
Regulation & Politics

Crypto Bill Advances in Senate With Strong Support: Brian Armstrong

Coinbase CEO Brian Armstrong says crypto legislation is closer to passage, crediting Senate support and 3.7 million Stand With Crypto advocates.
Senate Banking Committee Releases 309-Page Clarity Act Draft: US Senate Banking Committee
Regulation & Politics

Senate Banking Committee Releases 309-Page Clarity Act Draft: US Senate Banking Committee

The Senate Banking Committee publicly released the full text of its crypto market structure bill ahead of Thursday's markup, with amendments due by end of business Wednesday.
Banks Sound Alarm as Senate Prepares CLARITY Act Markup
Regulation & Politics

Banks Sound Alarm as Senate Prepares CLARITY Act Markup

The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.
Kraken Parent Payward Seeks US Federal Trust Charter
Regulation & Politics

Kraken Parent Payward Seeks US Federal Trust Charter

Payward says the OCC national trust charter would complement Kraken's banking arm, Kraken Financial.
ECB's Lagarde: Euro Stablecoins Aren't the Answer, Build Public Infrastructure Instead
Regulation & Politics

ECB's Lagarde: Euro Stablecoins Aren't the Answer, Build Public Infrastructure Instead

The President of the European Central Bank spoke against EUR-pegged stablecoins at the inaugural Banco de España LatAm Economic Forum today.
Securitize Becomes First Broker-Dealer Approved to Custody Tokenized Securities: FINRA
Regulation & Politics

Securitize Becomes First Broker-Dealer Approved to Custody Tokenized Securities: FINRA

Securitize received FINRA approval to expand broker-dealer activities and custody tokenized securities, completing the first full onchain IPO infrastructure stack.