The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission published interpretive guidance explaining how they might define what is or isn’t a security in crypto; the CFTC also issued a no-action letter for a non-custodial wallet provider to facilitate derivatives and prediction markets… Read More
The U.S. Securities and Exchange Commission (SEC) approved on Wednesday Nasdaq’s proposal to allow certain securities to trade in tokenized form, a significant milestone to integrate blockchain tech into U.S. equity markets. Nasdaq’s tokenization plan ties into a pilot run by the Depository Trust Company… Read More
U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,057.54, the largest, above $75,000. The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC),… Read More
Though we’re still waiting on a lot of the formal rulemaking and proposed rulemaking from the federal securities and commodities regulators, last week’s memo is another sign that the SEC and CFTC are at least serious about signalling these efforts are coming. You’re reading State… Read More
The U.S. markets regulators are melding their operations in the places where the duties of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) overlap, and building a crypto oversight framework is listed among the core aims of a written agreement… Read More
Broker-dealers regulated by the U.S. Securities and Exchange Commission (SEC) can treat their stablecoin holdings as regulatory capital, according to a tweak this week to a frequently-asked-questions document maintained by the agency. That’s a seismic shift offered in the form of a minor addition to… Read More
