SEC Tokenized-Stock Exemption Creates a Narrow AMM Pilot, Not Open DeFi Trading
The five-year order permits qualifying venues and liquidity providers to test tokenized U.S. stock trading under strict access, volume, rights and disclosure conditions.
CRYPTO MAIN NEWS
REGULATION & POLICY
Rules, courts and public policy across the world’s financial centers.
FCA Targets Three London Sites in Crypto P2P Trading Probe
UK regulators targeted three London premises in a peer-to-peer crypto trading probe, issued cease-and-desist letters and gathered evidence for continuing investigations.
FCA Is Considering a Tokenised Gold Exemption—but Hasn’t Granted One
The UK FCA is exploring whether some gold tokens should sit outside fund rules. Its September 14 consultation grants no exemption and sets an October 23 response deadline.
SEC Chair Atkins Wants Advisers to Self-Custody Crypto—but No Rule Exists Yet
SEC Chair Paul Atkins asked staff to draft a proposal allowing conditional adviser self-custody and state trust-company custody. No rule text exists yet.
Block’s Builders Bank Would Custody Bitcoin, Not Take Deposits
Block has applied for an uninsured national trust bank focused on bitcoin and stablecoin custody. It would not accept deposits or make loans.
Unicoin Asks Federal Court to Cancel Uniswap’s UNI Trademark
A New York trademark suit asks a federal court to shield the UNICOIN brand and cancel Uniswap’s UNI registration. No ruling has been made.
Revolut Data Breach Exposed Identity Files and Reportedly Bitcoin Records
Revolut confirmed a customer-data disclosure after fraudulent agency requests. Reports say identity files and Bitcoin histories were among the records involved.
Coinbase and Moov Target 1,000+ Community Banks With Stablecoin Rails
Coinbase and Moov are bringing stablecoin payments and custody to a network serving 1,000+ community banks—but that is not 1,000 live launches.
Albuquerque Approves Crypto ATM Ban With 45-Day Removal Rule
Albuquerque approved a citywide ban on virtual currency ATMs and cashier-assisted crypto sales. The ordinance starts a 45-day removal window after it takes effect.
DOJ Restrains $52 Million in Crypto Linked to Xinbi Guarantee
Federal agents restrained more than $52 million in cryptocurrency tied to the alleged Xinbi Guarantee scam-services network. Here is what was seized, what remains only restrained, and why that distinction matters.
Senate Rejects CLARITY Act Cloture as CFTC Takes Separate Crypto Steps
The Senate setback left the legislative framework unresolved, while the CFTC advanced a preliminary crypto-rule review and conditional staff relief for passive derivatives interfaces.
The OCC’s Stablecoin Proposal Turns ‘One-to-One Backing’ Into an Operating Test
The OCC’s proposed GENIUS Act rules would require one-to-one identifiable reserves, diversified liquidity and public redemption procedures for stablecoin issuers under its jurisdiction.