SEC Approves Generic Listing Standards for Commodity-Based Digital Asset ETPs
The SEC's generic listing approval for commodity ETPs fundamentally shifts the institutional product landscape, establishing a streamlined market access protocol.
Wall Street Reduces Crypto Exposure, Bitcoin Premium Shrinks
Major institutional investors are reducing their exposure to crypto-heavy firms, impacting Bitcoin's valuation and market sentiment.
Senate Committee Draft Grants CFTC Digital Commodity Spot Market Authority
The bipartisan Senate draft redefines market structure, formalizing CFTC oversight for digital commodities and mandating qualified custody for customer assets, fundamentally altering operational risk management.
Societe Generale Issues First US Digital Bond on Canton Network
Tokenization of SOFR-linked bonds on-chain streamlines securities issuance and enables instantaneous settlement within the regulated US capital markets framework.
Bank of England Proposes Strict Reserve Rules for Systemic Sterling Stablecoins
Systemic stablecoin issuers must architect compliance frameworks to meet stringent 40% central bank reserve requirements, fundamentally altering capital strategy.
OCC Authorizes National Banks to Hold Crypto for Operational Balance Sheet Use
The OCC's new guidance formally integrates crypto-assets into the banking system's operational architecture, requiring immediate update of risk and capital management frameworks.
Centralized Exchange Hot Wallets Drained by Private Key Compromise
A critical lapse in operational security exposed hot wallet private keys, enabling a multi-chain drain of $48M across seven networks.
SEC Staff Permits State Trusts as Qualified Digital Asset Custodians
The Staff's no-action relief provides a critical compliance pathway, enabling SEC-registered investment advisers to utilize state-chartered trust companies as qualified digital asset custodians.
Crypto Market Plunges amid Tech Bubble Fears and Rate Cut Doubts
The cryptocurrency market has shed $1.2 trillion in six weeks, driven by tech stock concerns and dimming hopes for US interest rate cuts.
