SEC proposes crypto custody rule for advisers, funds and state trust companies
Adviser self-custody would require demonstrated expertise and no qualified custodian willing to take the mandate; state-chartered trusts could serve as custodians.
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SEC Commissioner Hester Peirce departs, leaving Crypto Task Force without a named successor
A joint SEC statement credits her with pressing for digital-asset rules before the agency made clarity a priority and does not name who leads the task force next.
SF Fed study finds stablecoin Treasury demand only partly offsets China's retreat
Issuers favor short-term debt while the decline in Chinese holdings has landed mostly on longer-dated securities, the San Francisco Fed paper reports.
OpenZeppelin and T-REX introduce OnchainID v3 for regulated tokens
The redesign adds modular smart accounts but requires fresh deployments, so existing 2.x identities cannot be upgraded in place, according to the project's changelog.
Hyperliquid order-book depth matches Binance, Bybit and OKX median on four of five assets, Castle Labs finds
The onchain venue also cost less to trade, but the unresolved gap is pricing stocks and commodities while their underlying markets are closed.
Dune finds equity tokens drive tokenized-asset trading while Treasury funds sit still
The analytics platform puts tokenized real-world assets at $34.5 billion and says the value of individual-stock token holdings grew ninefold in a year.
SEC Division of Examinations publishes exam process handbook for registrants
The handbook replaces and expands on the division's examination brochure and covers each stage of an exam, from risk assessment to the disposition letter.
SEC tokenized-stock exemption and CFTC relief follow Senate's CLARITY rejection
The SEC allowed certain venues to trade tokenized U.S.-listed stocks onchain two days after the Senate declined to advance the comprehensive framework.
Lloyds and Visa settle $750,000 in USDC in a seven-day cross-border pilot
The payment moved from Jersey to the United States in under an hour, with Lloyds on Canton and Visa on a second blockchain the coverage does not name.
Illinois agrees to six-month delay of 0.2% crypto tax
The Digital Chamber and Illinois Blockchain Association negotiated the six-month postponement, which a state judge must still approve and which leaves the legal challenge to be argued on the merits.
Crypto ETFs drew billions in Q3 while hacks took $1.26 billion
September lost $768.5 million across 99 incidents; CoinGecko put on-chain insurance capacity at $130.2 million, 20.2% below last year.
MetaMask pulls Ethereum staking systems after a security incident
Lido said MetaMask-operated validators began leaving its pool Wednesday, with the last expected to stop staking by Oct. 7.
FCA opens crypto authorization window; existing firms get Feb. 28, 2027 continuity deadline
Firms that apply by that date can keep taking new business while their applications are pending when the regime starts on Oct. 25, according to The Defiant.
Daines unveils ADAPT Act pairing stablecoin payment relief with wash-sale limits
The bill would exempt qualifying stablecoin purchases and crypto-paid transaction costs up to $10 from gain-or-loss recognition, while its wash-sale loss-harvesting restriction carries no stated ceiling.
Base ships Cobalt with conditional transactions and three B20 token-standard changes
The Defiant reports Cobalt is Base's third upgrade of the year; the conditional-transaction method is documented as running on test networks.
SEC notices orders to let CPAs, Series 79 holders buy private offerings
A second notice would make passing a FINRA exam open to anyone over 18 an automatic qualifying route into unregistered offerings.
Crypto spent $8 million lobbying on the Clarity Act before the bill failed
Federal disclosures show more than $13 million in six months of crypto lobbying, with about $5.4 million of it never naming the bill.
Lloyds and Visa settle $750,000 in USDC across a seven-day cross-border pilot
The test sent funds from Jersey to the US in under an hour across a weekend, with Lloyds on Canton and Visa on a second blockchain the coverage does not name.
Cloudflare opens a closed beta for billing AI agents in USDC
The Monetization Gateway verifies payments with Coinbase's x402 standard and settles transactions on Base; Cloudflare targets wide availability in early 2027.
Brazil's CSD BR mirrors BTG Pactual fund records on the XRP Ledger
The depository keeps its own database as the legal record and publishes a blockchain copy that approved banks and companies can reconcile in near real time.
Open USD launches with Coinbase, Visa, Mastercard, Shopify and Stripe as founding shareholders
Each of the five founding partners holds an equal initial equity stake, and together they have committed more than $1 billion to establish liquidity for the coin.
CFTC sends OMB two rules defining event contracts as swaps
One filing would put event contracts inside the swap definition; an interim final rule would remove casino-style gambling products from it.
HANetf ETCs and HSBC's RedCoin list zero assets as Franklin, Goldman seek crypto cash
Eleven of fifteen placements tracked over Sept. 29–30 show nothing or under $500, while Franklin's $686 million money funds became pledgeable on Bybit and Goldman's FTIXX reached crypto firms through Lynq.
Dune finds tokenized Treasury funds turned over 0.006% of supply in August
Tokenized real-world assets reached $34.5 billion, and equity tokens at 8% of supply produced 93% of spot volume.
FCA opens crypto authorization gateway with February 2027 deadline
Firms have five months to apply for permission to operate in the UK, well before the regime takes effect in October 2027.
Dune report finds 81% of tokenized equities held in spot markets are individual stocks
The analytics platform estimates total tokenized real-world asset supply above $34 billion in 2026 and says the value of individual-stock token holdings grew ninefold over the past year.
HSBC hedges HANetf bitcoin ETCs while readying Hong Kong dollar stablecoin
The bank is hedge counterparty on HANetf's sterling- and euro-hedged crypto ETCs and plans RedCoin for PayMe and its mobile app.
HSBC names its Hong Kong dollar stablecoin RedCoin for 2026 rollout
The Defiant reports the token is planned for the second half of 2026, initially on PayMe and the HSBC HK Mobile App.
HANetf lists sterling- and euro-hedged bitcoin ETCs with HSBC as hedge counterparty
The Arrow products list in London, Frankfurt and Paris, and HANetf calls them the first currency-hedged crypto ETCs.
Kalshi files to end volume incentive program tied to its ether perpetual tape
The reward pools exclude members with market-maker agreements, and Kalshi cited separate liquidity payments for the repeated same-size ether perpetual prints.
Morgan Stanley builds internal lab to test stablecoins and DeFi
The Defiant reports the testing runs through the bank's innovation-lab network; E*Trade's eligible clients already trade spot crypto through Zero Hash.
Brazil's CSD BR mirrors BTG Pactual fund records on the XRP Ledger
The regulated depository keeps its own database as the official record and publishes a second copy of fund ownership on a public blockchain.
BlackRock sees stablecoins as the rail for AI agent payments
The Defiant's Sept. 29 account names no stablecoin, agent platform, or dollar figure, but says traditional checkout retains a role.
Cboe and S&P DJI extend SPX options license to 2051 with tokenization clause
The 25-year deal keeps Cboe's exclusive rights to the flagship index options and names tokenized contracts as one possible collaboration, with no product or date attached.
Uphold survey finds 75% of U.S. banks have blockchain programs, 22% live
More than half of respondents report over $50 billion in assets, and 54% have issued RFPs to digital asset vendors.
Linux Foundation Decentralized Trust report counts its technology in 29.4% of institutional blockchain platforms that disclose a stack
Hyperledger Fabric and Besu rank among the top three by deployment, and more than a quarter of projects in the sample disclosed no stack at all.
Blockchain.com seeks $500 million IPO at $4 billion to $6 billion valuation
The London-headquartered exchange, wallet and lending company aims to be public by the end of the year, Bloomberg reported.
Coinbase wins CFTC approval to clear fully collateralized derivatives in-house
Margined futures and the planned single-stock perpetuals remain with outside clearing partners, according to The Defiant.
SEC staff adds a 'no central party' condition to its token buyback FAQ
The revised answer makes the absence of centralized control an explicit condition, shifting from the Sept. 25 answer that looked only at system function.
Chainlink launches CCIP 2.0 with new token-pool controls behind an opt-in upgrade
Existing integrations keep working on full-finality defaults; the report names custom verifiers and faster transfers but gives neither figures nor detail.
Goldman Sachs puts $100 billion Treasury fund on Lynq for crypto firms
FTIXX stays a traditional fund rather than a tokenized one; Lynq gives digital-asset firms a place to park cash between trades.
Tether says it helped freeze nearly $550 million in Iran-linked USDT
A Senate minority report released the same day found USDT dominated activity in 84% of the 846 Iran- and proxy-linked wallets it studied.
Dune flags a 15 basis point yield gap at WisdomTree's Treasury money fund
The Defiant reports WisdomTree's Treasury money fund trailed T-bills by 15 basis points over a year; issuer disclosures show how expenses and liquidity terms affect the return.
Ondo Perps opens spot trading in 12 tokenized stocks and ETFs
The venue is letting traders post the tokens they buy as collateral for short perpetual positions, with spot fees waived for 30 days.
SEC staff FAQs separate issuer promises from token classification
The Sept. 25 answers, updated Sept. 28, say an issuer's own description of decentralization governs whether it kept its word, while the Commission's release governs the label.
Spot bitcoin ETFs' seven-session, $3 billion run flips 2026 net flows positive
The streak erased a $1.96 billion year-to-date deficit and left the group's 2026 net at roughly $1.02 billion.
Franklin Templeton expands its off-exchange collateral program to Bybit
Bybit users can pledge shares in Franklin Templeton's tokenized money market funds, about $686 million in net assets, to borrow USDT or USDC while the assets stay with ByCustody.
With Peirce gone, a two-member SEC decides crypto rules by guidance
The staking carve-out can be unwritten, the tokenized-stock exemption is pending, and the Clarity Act's 49-50 failure has left the arguing to the agencies.
Solana spot ETFs take in a record $188 million as Bitwise's BSOL leads
All seven funds drew net inflows in the five sessions through Sept. 25, with BSOL collecting about $128 million of the total.
Why the Digital Asset Market Clarity Act failed in the Senate
CoinDesk's interviews with more than a dozen participants and aides point to piecemeal Senate drafting, a rejected ethics deal and White House involvement.