News linked to this event type.
According to The Defiant, KB Securities, securities tokenization platform Securitize, and Optimism have signed an exploratory memorandum of understanding to advance asset tokenization in South Korea. On social media platform X, Optimism stated that its first product will be tokenized bonds; however, a blog post published on the same day mentioned two tokenized funds. South Korea's first-phase regulatory framework for this is expected to launch in February 2027.
According to The Block, all Democratic members of the U.S. Senate Banking Committee wrote to Committee Chairman Tim Scott, calling for a bipartisan public hearing on prediction markets rather than discussing them in closed-door sessions. That day, Republican members met privately with Kalshi CEO Tarek Mansour to discuss securities-linked products, investor protection, and related regulatory issues.
According to Bloomberg, sources familiar with the matter said that after reviewing its membership framework, the UK financial services industry organization UK Finance determined that cryptocurrency exchanges do not meet membership standards and has terminated Coinbase's membership, which the latter may appeal.
SEC Commissioner Mark Uyeda disclosed that the agency withdrew civil cases against companies such as Coinbase and Ripple in early 2025 to avoid conflicts with new regulatory policies and preserve the credibility of the courts. This move has been viewed by some critics as a reward for supporting Trump's campaign.
Odaily reports: The National Council of Legislators from Gaming States (NCLGS) has filed an amicus brief with the U.S. Supreme Court in support of the New Jersey Attorney General and gambling regulators' petition to hear their case against prediction market platform Kalshi. The petition seeks to clarify whether state governments or federal agencies have jurisdiction over prediction market companies.NCLGS stated that if the ruling favors Kalshi, states would be unable to regulate sports betting within prediction markets, potentially leading to regulatory confusion. The council believes that gambling-related matters should be handled by state regulators, and noted that casinos and other regulated entities may adjust their operations and products accordingly.New Jersey authorities filed a petition for a writ of certiorari on September 2, stemming from their appeal of a Third Circuit Court of Appeals ruling. Kalshi has not yet formally responded and must submit its position brief by November 9; the company has previously stated that it cannot be regulated separately by 50 different regulators. (Cointelegraph)
New Jersey has asked the U.S. Supreme Court to rule on whether sports prediction activities conducted by prediction markets such as Kalshi constitute illegal sports gambling. Previously, a federal appellate court upheld state regulatory authority, prompting more states and tribes to intervene in related litigation.
Prediction market platform Kalshi stated it is not under investigation by the CFTC, clarifying media reports of regulatory scrutiny. The project explained that the anomalous trading data resulted from its liquidity incentive program.
Former HackVC partner Hsin Ju Chuang was found dead at her residence in New York, with police investigating the cause of death. Her passing comes after a public dispute between two individuals over fund management and operational issues.
White House cryptocurrency policy adviser Patrick Witt dismissed claims that Trump's conflicts of interest caused the failure of the Clarity Act, insisting that the president has agreed to strict ethics provisions, including placing his assets in a blind trust, and attributed the bill's demise to partisan politics and lobbying activities.
White House officials denied that the Trump administration is considering a diesel export ban, dismissing the reports as fake news. Earlier market rumors had triggered sharp fluctuations in US and European diesel futures prices.
The Trump administration is developing a plan for a 90-day pause on diesel exports to mitigate the impact of high energy prices on the midterm elections. The move has sparked division within the government and the oil industry, with several cabinet members warning that a comprehensive ban could be counterproductive.
Eleven Democratic senators on the U.S. Senate Banking Committee are urging Committee Chairman Tim Scott to hold a hearing on prediction markets. Previously, the committee planned to hold a prediction market roundtable next week attended only by Republican senators, focusing on securities-based prediction markets, with a Kalshi representative expected to attend. Currently, primary regulatory jurisdiction over prediction markets falls under the Senate Agriculture Committee and the Commodity Futures Trading Commission.
derivatives exchange CME Group has announced that, pending regulatory approval, it will launch Bitcoin Cash (BCH) and Uniswap futures on October 19. The standard BCH contract corresponds to 250 BCH, while the micro contract corresponds to 25 BCH.Following the announcement, BCH briefly surged 30%, breaking above $340 and briefly touching $358, with weekly gains at one point exceeding 50%. Bitcoin SV (BSV) also rose approximately 20% in tandem, approaching its yearly high of $21; Bitcoin fell back to around $84,000 on Wednesday.Digital asset management firm Grayscale has filed to convert its Bitcoin Cash Trust into a spot ETF listed on NYSE Arca. (Decrypt)
US cryptocurrency exchange Coinbase has had its membership terminated by UK Finance, the UK financial services lobbying group. Sources familiar with the matter said the UK Finance board wrote to Coinbase last week to notify it of the termination. The report noted that the move comes as the digital asset industry's influence in UK policy discussions is growing. (Bloomberg)
Bitwise's Institutional Crypto Asset Adoption Report states that it engaged with investment heads from 15 institutions, including endowments, pension funds, sovereign wealth funds, family offices, and publicly traded companies, between late March and April 2026. All surveyed institutions holding crypto assets hold Bitcoin, with allocations ranging from 0.5% to 13% of investable assets, mostly between 1% and 2%. During the crypto market's approximately 50% decline from October 2025 to April 2026, no institution reduced its holdings; some even increased them. Nearly all surveyed institutions have either used or plan to use spot crypto ETFs, with governance processes, operational arrangements, and reputational risk serving as the primary obstacles to expanding their allocations. Bitwise expects that most institutional investors will hold crypto assets over the next five years.
Odaily News: The European Securities and Markets Authority (ESMA) will include AI and tokenization in the EU's strategic supervisory priorities starting in 2027, coordinating relevant oversight among member state regulators.Regulators will map out AI and tokenization applications oriented toward investors, document how financial institutions are using or planning to use them in products and processes, and conduct preliminary examinations of some affected institutions.ESMA will focus on risks such as biased or misleading AI outputs, products that are difficult for investors to understand, and reliance on a small number of third-party vendors. This matter will be advanced in parallel with the cyber and operational resilience supervisory priorities launched in 2025. (Cointelegraph)
According to Cointelegraph, the European Securities and Markets Authority (ESMA) announced that it will formally launch the EU Strategic Supervisory Priorities (USSP) focused on artificial intelligence (AI) and tokenization in 2027. National regulators will comprehensively review the current landscape of tokenization, document how firms utilize AI and tokenization in investor-facing products and processes, and conduct preliminary targeted examinations of the most significantly impacted entities. ESMA noted that the priority aims to help supervisors build expertise and establish a harmonized supervisory approach, focusing on risks such as AI biases or misleading outputs, products that are overly complex for investors to comprehend, and excessive reliance on a narrow set of third-party service providers. This priority will proceed in parallel with the 2025 cyber and operational resilience USSP.
According to TASS, the Bank of Russia stated its hope that illegal cryptocurrency exchange operators will disappear and that related gray areas should cease to exist before July 1, 2027. Earlier, Russian President Vladimir Putin signed legislation legalizing cryptocurrencies on August 4, which classifies digital currencies as property and assigns market regulatory duties to the Bank of Russia. Its main provisions took effect on September 1, 2026, but cryptocurrency exchange operators may continue to operate without being registered with the central bank until July 1, 2027.
the Central Bank of Russia has stated it wants illegal crypto exchange services and related gray areas to cease to exist by July 1, 2027. Putin previously signed a crypto legalization law on August 4, recognizing digital currency as property and assigning market regulatory responsibilities to the Central Bank of Russia; the main provisions of the law took effect on September 1, 2026, and crypto exchange services not included in the central bank's registration list may continue operating until July 1, 2027.
According to PR Newswire, Blockchain.com and NYSE Group have announced the signing of a Memorandum of Understanding (MOU) to provide global users with access to trade tokenized U.S.-listed stocks and ETFs via NYSE's previously announced digital ATS platform, pending regulatory approval. The collaboration encompasses bidirectional market data distribution: ICE Data Services, a subsidiary of NYSE, plans to distribute Blockchain.com's cryptocurrency market data and analytics to its subscriber clients; in turn, Blockchain.com will integrate ICE and NYSE exchange data sources to deliver real-time stock quotes to its over 44 million registered accounts. The Citi Institute forecasts that the base case for the tokenized assets market by the 2030s will reach $5.5 trillion. Tokenized stocks offer advantages such as fractional ownership, 24/7 trading, global investor access, and faster on-chain settlement.