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.
CRYPTO MAIN NEWS
United States
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.
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.
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.
The SEC’s Transfer-Agent Rewrite Puts Tokenized Shares on the Rulemaking Agenda
The SEC’s September 1 proposal would modernize transfer-agent rules for electronic recordkeeping and blockchain-based securities, while asking how ownership records should work when shares move onchain.
The SEC’s Crypto Offering Proposal Puts Disclosure—and a Deadline—on the Table
The SEC’s proposed Regulation Crypto Assets would create two offering exemptions for certain crypto-asset investment contracts. Public comments are due October 20, 2026.