SEC Chair Announces Innovation Exemption Framework to Modernize Digital Asset Rules
The SEC's pivot from enforcement to an innovation exemption fundamentally alters the U.S. market entry calculus for token issuers.
US Market Structure Bill Stalls amid Stablecoin Interest Payment Conflict
Legislative gridlock over stablecoin yield provisions introduces systemic policy risk, demanding immediate re-evaluation of product structuring and market strategy.
SEC and CFTC Affirm Regulated Exchanges Can Offer Spot Crypto Trading
The joint agency statement clarifies that existing statutes permit federally regulated exchanges to onboard spot digital asset markets, mitigating legal uncertainty.
SEC and CFTC Clarify Spot Crypto Trading Rules for Registered Exchanges
The joint guidance fundamentally de-risks spot crypto market access by affirming existing law permits regulated exchanges to list certain products.
SEC Chair Launches Innovation Exemption, Reversing Prior Enforcement Stance
The SEC's pivot to an innovation-focused policy, marked by the SAB 121 rollback, immediately lowers capital friction for institutional custody and streamlines token approval.
Senate Draft Bill Classifies DeFi Front-Ends as Regulated Digital Asset Intermediaries
Protocols must architect for intermediary compliance, as the Treasury gains discretion to define "sufficiently decentralized" status.
CFTC Expands Jurisdiction to Allow Spot Crypto Trading on Regulated Exchanges
The CFTC's new initiative redefines market structure, compelling spot crypto platforms to integrate with Designated Contract Market compliance frameworks.
CFTC Requires Willful Intent for Digital Asset Registration Violation Charges
The directive elevates the enforcement standard for registration violations, shifting risk from technical non-compliance to intentional misconduct.
US Government Shutdown Halts SEC Review of Ninety Crypto ETF Applications
The regulatory gridlock introduces immediate operational risk, freezing market access for over ninety pending digital asset products.
