News linked to this event type.
The U.S. Commodity Futures Trading Commission (CFTC) has announced an expansion of regulatory relief for passive trading software, allowing qualifying non-custodial applications to access derivatives markets without acting as introducing brokers.
Kevin O'Leary stated that although the Clarity Act faced setbacks in the Senate, given the progress of the House digital asset tax bill, he expects Congress to resume related legislative proceedings in the first or second quarter of next year.
The U.S. Securities and Exchange Commission (SEC) has recently permitted cryptocurrency trading platforms to offer digital tokenization services for individual stocks such as Apple and Tesla under a lightweight regulatory framework. This move is viewed as a significant breakthrough for onboarding trillions of dollars in assets on-chain, primarily benefiting crypto-native exchanges and transitioning traditional brokerages.
The US Crypto Asset Market Structure Act (CLARITY) failed to secure the required 60 votes in a procedural Senate vote, falling short at a 49-50 tally. The bill is not yet dead, as Republican lawmakers retain the option to file a motion to reconsider, but deep partisan divisions over ethics rules concerning Trump's digital assets continue to narrow the legislative window.
Odaily reports: Uniswap founder Hayden Adams posted on the X platform that today's most bullish AMM news is not the SEC's official statement, but the accompanying comment letter from SEC Commissioner Hester Peirce.In the comment letter, Peirce stated that truly decentralized systems driven by autonomous software "need no exemption." Adams said this means that ordinary permissionless Uniswap does not need to apply for an exemption; the exemption mainly applies to permissioned pools in Uniswap v4, providing a compliant pathway for transactions involving relevant assets and users within the United States. Adams stated that this will help drive AMM adoption, and Uniswap will subsequently submit a comment letter and propose improvement suggestions.
SEC Commissioner Hester M. Peirce noted that extended trading hours for U.S. equities are increasingly taking shape around a "23-hours-a-day, five-days-a-week" framework. While overnight trading currently represents less than 1% of total NMS stock volume and remains highly concentrated in a select few equities, both established and emerging trading venues have been actively extending their operating hours over the past two years. In light of this trend, she outlined six key questions: 1. How should the U.S. equity market leverage the experiences of well-established foreign exchange, cryptocurrency, and futures markets? 2. How should broker-dealers fulfill their best execution obligations and enhance retail investor protection amid fragmented overnight liquidity and widening spreads? 3. Is it still a prudent fiduciary decision for asset managers to opt out of overnight trading when liquidity is scarce and execution costs are elevated? 4. Will extended trading hours alter the manner in which public companies issue earnings releases and material disclosures? 5. Given that EDGAR submissions filed after 5:30 p.m. ET are generally processed on the next business day, should the SEC modify the EDGAR system to facilitate timely disclosure of material information during overnight trading sessions? 6. Should the SEC issue relevant guidance or grant regulatory relief to public companies, particularly smaller companies?
Odaily reports: The U.S. Senate failed to advance the Clarity Act, leaving the crypto industry still lacking a comprehensive federal regulatory framework and with the division of responsibilities among major financial regulators yet to be clarified.Some industry participants said the vote outcome could push capital, talent, and innovation toward overseas markets with clearer regulatory rules. Rulemaking by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) may provide guidance in the short term, but legislation is still considered important for consumer protection and maintaining U.S. competitiveness. (CoinDesk)
Strategy founder Michael Saylor (@saylor) stated that the SEC's newly issued innovation exemption order is highly significant—allowing U.S. investors to trade tokenized $MSTR and $STRC 24/7 on-chain through compliant channels, breaking the time limitations of traditional capital markets, and marking an important milestone in the development of the digital credit sector and U.S. capital markets.
SEC Chairman Paul S. Atkins issued a statement today announcing that an "innovation exemption" will provide a temporary, conditional regulatory exemption for on-chain trading of certain tokenized NMS stocks. However, Chairman Atkins indicated that the exemption requires meeting four key conditions: First, qualifying tokenized securities venues (TSVs) must be U.S. entities and comply with the economic and trade sanctions rules of the U.S. Office of Foreign Assets Control (OFAC); Second, a permissioned access model must be implemented, allowing only qualified participants to trade tokenized NMS stocks; Third, trading of synthetic tokenized stocks is prohibited; relevant tokenized stocks must be tokenized by the underlying stock issuer or an unaffiliated third party, and holders must enjoy the same rights as traditional securities, including dividend and voting rights; Fourth, issuers retain the right to object to and block the trading of their securities on TSVs, and the anti-fraud and anti-manipulation provisions under federal securities law remain fully applicable to related securities activities.
Odaily reports: U.S. Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce stated that the "innovation exemption" has been implemented, and the SEC today issued an order granting a time-limited exemption to allow on-chain trading of stocks listed on major U.S. exchanges. The exemption establishes a new category called "Tokenized Securities Trading Venue" (TSV), allowing it to conduct trading through automated market maker (AMM) liquidity pools, while also providing an exemption from the "dealer" definition for certain participants who provide liquidity to TSVs. Peirce stated that the measure is intended to allow market participants to experiment in order to observe how tokenized NMS stocks trade in different on-chain scenarios and how they interact with traditional markets, thereby accumulating data for the formulation of long-term regulatory rules.Hester M. Peirce also emphasized that the exemption is not aimed at decentralized finance (DeFi), and the SEC will not preemptively determine that TSVs or their liquidity providers (LPs) qualify as "exchanges" or "dealers."
Odaily News: Japanese yen stablecoin issuer JPYC has issued a glitch notice, announcing an emergency suspension of the JPYC issuance reservation service on the Ethereum network. The official statement said that the feature is currently suspended, and the technical team is urgently investigating and troubleshooting the specific cause of the glitch. JPYC has apologized to affected users and promised to release follow-up announcements through official channels as soon as the details are confirmed.
Odaily News: The U.S. Securities and Exchange Commission (SEC) stated that tokenization is expected to reduce costs in market infrastructure links such as issuance, trading, transfer, settlement, and ownership records, while enhancing transparency and liquidity. The SEC today approved a temporary, conditional "Innovation Exemption," allowing tokenized stocks to conduct limited trading on certain on-chain venues—Tokenized Securities Trading Venues (TSVs).It is reported that qualifying TSVs can conduct approved trading through automated market makers and liquidity pools, but must meet requirements including public disclosure, trading transparency, circuit breaker coordination, record-keeping, and technical safeguards, while being subject to limits on the number of ticker symbols and trading volume. The SEC stated that this move aims to observe the operations of on-chain trading venues and market participants, providing a data basis for formulating long-term regulatory rules in the future.
According to Crypto in America, the U.S. Securities and Exchange Commission (SEC) officially launched the Innovation Exemption on September 17, providing a compliant pathway for trading tokenized U.S. listed stocks on blockchains. Qualified platforms (i.e., Tokenized Security Venues, TSV) can conduct tokenized stock trading on permissionless public blockchains via Automated Market Makers (AMM) and liquidity pools without registering as national securities exchanges. The exemption is valid for five years and covers only actual tokenized stocks with full shareholder rights (including dividends and voting rights), explicitly excluding "synthetic" products that merely track prices.
Odaily News: Nadex, the U.S. regulated derivatives trading platform under Crypto.com, has completed its registration with the U.S. Securities and Exchange Commission (SEC) and can now offer securities futures products through OG.com. The registration took effect on September 14, and the SEC confirmed the registration filing on September 16. CEO Kris Marszalek stated that this registration authorizes the company to introduce single-stock futures to the U.S. market, and the company is also working with the SEC and CFTC to push for offering single-stock perpetual contracts, i.e., futures contracts with no fixed expiration date, in the United States.U.S. trading platforms are racing to establish a foothold in stock perpetual futures. Coinbase also submitted a similar registration notice earlier this month, seeking to list stock perpetual contracts in the United States. Its Chief Policy Officer Faryar Shirzad said the plan still requires CFTC approval. (TheBlock)
A crypto-related violent kidnapping took place in Taninges, Haute-Savoie, France. Late on the night of March 14 this year, two masked men broke into the residence of a 48-year-old woman, bound and beat her for several hours, attempted to seize her cryptocurrency assets, and then tried to forcibly abduct her. Suffering severe injuries, the victim managed to escape through sheer survival instinct and sought help from neighbors. The case is overseen by the Lyon Interdistrict Specialized Judicial Authority (JIRS) and has been assigned to the Chambéry Gendarmerie Search Brigade for investigation. Following a six-month intensive probe, police carried out coordinated operations in early September across the Île-de-France region, Isère department, and Brittany, mobilizing over 60 gendarmes to successfully arrest five suspects in their early twenties. Four were formally charged, while three remain detained pending trial. This incident marks the third violent extortion case targeting cryptocurrency holders in the Savoie region within a year.
Odaily News: The U.S. House Financial Services Committee on Wednesday advanced the American Reserve Modernization Act (H.R. 8957) by a vote of 28 to 21. All 28 votes in favor came from Republicans, while all 21 votes against came from Democrats.The bill requires the Treasury Department to establish a Bitcoin strategic reserve and a digital asset reserve within 180 days, and mandates that federal agencies declare their asset holdings within 60 days. Bitcoin included in the reserve may not be sold, exchanged, auctioned, or pledged as collateral for 20 years.The revised text removes provisions to purchase additional Bitcoin using Federal Reserve funds, gold certificate revaluation, and tariff revenues, and changes the frequency of proof-of-reserve reports from quarterly to annual. The bill does not authorize the purchase of Bitcoin; it only requires the Treasury Department and the Commerce Department to study acquisition plans that impose no cost on taxpayers. (Decrypt)
According to WIRED, the EU plans to pass the AI Kids Act, prohibiting chatbots such as ChatGPT, Character.ai, and Snapchat My AI from simulating emotions or interpersonal relationships when interacting with users under 18, aimed at preventing minors from developing emotional dependencies on AI. The legislation will impose strict restrictions on chatbot features targeted at underage users, directly targeting the core experience designs that currently foster user "addiction."
According to The Block, Bitwise Chief Investment Officer Matt Hougan has revised his previous assessment regarding the impact of the Clarity Act's failure. The bill secured only 49 votes in a procedural Senate vote, falling short of the 60-vote threshold needed to advance. While Hougan had previously forecasted that a failed bill would trigger several weeks of crypto market weakness, he noted in his latest client report that Bitcoin has continued to rise after bottoming out around $57,950 on July 1, surpassing $80,000 on September 4. In the same period, Polymarket’s implied probability for the bill’s passage within the year dropped from 39% to 14%. Price action moving contrary to these expectations suggests that the bull market does not rely on legislative passage. Hougan also pointed out that initiatives such as Robinhood launching its own blockchain, Morgan Stanley listing a Solana ETF, and DTCC completing the settlement of the first batch of tokenized stocks demonstrate that Wall Street institutions are already positioning themselves ahead of regulatory clarity. He noted that proactive rulemaking by the SEC and CFTC can partially fill legislative gaps, but acknowledged that executive regulations carry the risk of being overturned by future administrations. Consequently, congressional legislation remains the sole path to providing lasting regulatory certainty.
Odaily News: Following a customer data breach at Revolut, multiple hacker groups have publicly demanded ransom. A group calling itself "IAmNotAVillain" demanded that Revolut pay 6,000 Monero (XMR, approximately $3 million) within 24 hours, or it would sell customer data to other criminal organizations; another group, "Revolut Smilik," had earlier demanded 10,000 Bitcoin (approximately $780 million).In response, a Revolut spokesperson stated that the company has not received any direct contact or extortion demands from any of the aforementioned individuals or organizations. Meanwhile, Italy's Anti-Mafia and Anti-Terrorism Directorate has launched an investigation, with Italian prosecutors investigating unauthorized access to government computer systems, and Italy's privacy regulator has also asked banks to urgently review the security of their access systems. (Cointelegraph)
Odaily News: Bitget has announced an upgrade to its Proof of Reserves (PoR) system, expanding asset coverage from the original 4 cryptocurrencies to 19 major assets, with newly added tokens including XAUT, SOL, BNB, USDGO, and others. This upgrade simultaneously expands the scope of platform-level reserve disclosure and individual asset proof verification. Users can view each asset's reserve ratio, scale, and on-chain distribution through the PoR page, and use Merkle Tree to independently verify whether their personal holdings are included in the reserve snapshot.Bitget has been publishing monthly reserve reports since December 2022, and as of August 2026, has published 45 consecutive issues, with the latest overall reserve ratio at 122%. Bitget CEO Gracy stated that as the variety of assets supported by the platform continues to increase, reserve transparency and verification capabilities also need to expand in tandem, enabling more users to independently verify their assets and further enhancing platform transparency.