News linked to this event type.
Odaily News: The U.S. Securities and Exchange Commission (SEC) has once again postponed its plan for a tokenization "innovation exemption." The framework was intended to allow companies to test blockchain-based tokenized trading of U.S. stocks without meeting full exchange and broker-dealer standards. The delay is tied to unresolved negotiations over Section 10505 of the draft CLARITY Act in the U.S. Senate. That provision stipulates that tokenized securities remain securities and requires the SEC to study custody, consumer protection, cross-border issues, and regulatory coordination. The SEC also postponed a vote scheduled for Friday on a proposed exemption for crypto startup fundraising, citing scheduling issues, with no new date announced. The House version of the CLARITY Act passed in July 2025, and the Senate Banking Committee version advanced by a 15-9 vote in May of this year. A procedural Senate vote is not expected before September 15. (Bitcoin.com News)
According to CoinTelegraph, the latest survey by the European Central Bank (ECB) shows that only 0.2% of online merchants in the Eurozone accept crypto asset payments, with the acceptance rate at physical points of sale also below 1%, and almost no growth observed between 2024 and 2026. In contrast, the mobile payment acceptance rate surged from 36% in 2024 to 68% in 2026, while the cash acceptance rate remained high at 92%. The survey covered 8,205 businesses in 21 countries across the Eurozone, spanning industries such as retail, catering, hospitality, and entertainment. The ECB stated that consumer preference is the primary factor for merchants choosing payment methods, accounting for 26%.
Odaily News: A survey by the European Central Bank (ECB) shows that among businesses selling goods and services online, only 0.2% accept crypto assets; the acceptance rate of crypto assets and stablecoins at offline point-of-sale terminals remained below 1% in both 2024 and 2026. The survey covers 8,205 retail, restaurant, hotel, and entertainment businesses across 21 eurozone countries. Offline mobile payment acceptance rose from 36% in 2024 to 68% in 2026, cash acceptance increased from 90% to 92%, and physical card acceptance grew from 87% to 88%; meanwhile, bank check acceptance declined from 36% to 27%. When choosing payment methods, respondent businesses prioritize consumer preferences the most, accounting for 26%, followed by security at 22%, and operational convenience at 15%. Among businesses that do not accept cash, 36% cited insufficient customer demand, 35% cited difficulties in cash deposits and withdrawals, and 29% mentioned security risks. (Cointelegraph)
Odaily News: The U.S. Securities and Exchange Commission (SEC) today canceled a public meeting originally scheduled for Friday. The meeting was set to consider a tailored issuance regime for investment contracts involving crypto assets. The SEC cited "unforeseen scheduling issues" as the reason for the cancellation, without providing further details. The cancellation comes after the Senate entered its August recess without holding a full chamber vote on the Cryptocurrency Market Structure Act (CLARITY Act). SEC Chairman Paul Atkins said in a CNBC interview on July 27 that if the Senate failed to pass the CLARITY Act, the SEC was "ready, willing, and able" to issue rules for digital assets. Previously, the CLARITY Act missed its pre-recess voting window due to a dispute over which authority would hold enforcement powers over ethics provisions.
According to Reuters, people familiar with the matter said that JPMorgan Chase terminated banking services for prediction market platform Polymarket last October due to regulatory concerns, asking it to seek another banking institution. Despite this, both parties still maintain business relations, and JPMorgan Chase is also interested in pursuing Polymarket's future IPO underwriting opportunities.
Odaily News: A final ruling by a Washington State court in the United States requires the prediction market platform Kalshi to stop offering event contracts related to sports, elections, politics, entertainment, culture, technology, science, and "named person mentions" in the state, and prohibits the promotion of related products to consumers in the state. Kalshi must implement geoblocking via IP addresses and user place of residence by August 19, and upgrade to a multi-source geofencing system by September 2. Contracts related to commodities, climate, economics, and finance are not subject to this ban. Kalshi previously applied for a stay of the ban, but the request was denied by the Washington State Court of Appeals.
Citigroup CEO Jane Fraser stated that despite remaining concerns regarding the stablecoin incentive provisions in the Clarity Act, she generally supports the advancement of cryptocurrency legislation and expressed hope that "a good bill can be passed."
Bloomberg reported that crypto trading platform Gemini Space Station Inc. announced that following its listing last year, the company has recorded losses for the fourth consecutive quarter. The net loss for the second quarter was $107.7 million, equivalent to a loss of $0.89 per share, higher than the average expectation of analysts surveyed by Bloomberg; the net loss for the same period last year was $133 million. Revenue for the same period increased by 37% year-on-year to $45.5 million, exceeding market expectations.
The U.S. Securities and Exchange Commission suddenly postponed the originally scheduled meeting on crypto regulatory proposals, delaying the release of the industry-anticipated first crypto securities issuance framework.
Odaily News, according to Bitcoin News monitoring, new research released by @PraveenPerera shows that the Coldcard attacker appears to have first identified vulnerable addresses, then sorted them by BTC balance, and began transferring funds in batches starting from the addresses with the highest holdings. The actual transfer software used was relatively crude. One address had 225 spendable UTXOs, and the attacker happened to extract the most recent 200, leaving the earliest 25, including one UTXO worth 0.16 BTC. This is fully consistent with the 200-record limit that a blockchain API investigated by the researchers returns by default, suggesting the attacker may have failed to load the next page of data. The software even spent a 294-satoshi UTXO, reportedly increasing transaction fees by approximately 2,040 satoshis, with the spending amount clearly exceeding the UTXO's own value. Based on this, the study's author believes the tool's builder may have a stronger understanding of account balance systems than of Bitcoin's UTXO model. Although the attacker appears to have obtained victims' full seeds, at least 75 BTC remain in other addresses derived from the same seeds. The biggest mystery at present is that 132.95 BTC still remain across the 153 compromised addresses, and researchers have been unable to reproduce the seeds behind these addresses, so they cannot rule out the possibility that the attacker obtained undisclosed private device data or candidate data.
the city of Baltimore and Mayor Brendan Scott have filed a lawsuit against Kalshi and Polymarket, accusing the two companies of violating local gambling laws and regulations on deceptive business practices. The Mayor's office stated on Thursday that the two companies operate "illegal, unlicensed sports betting platforms" and mislead users about the legality and regulatory status of their products. The city of Baltimore argues that Kalshi and Polymarket describe event contracts as trading, but the transactions in question are essentially illegal gambling prohibited under state law. The complaint against Kalshi also names Robinhood, Webull, and Coinbase as partners on its prediction market platform, alleging that these companies promote sports contracts as products that can be legally purchased and traded in Maryland. The U.S. Commodity Futures Trading Commission (CFTC) and the companies involved maintain that prediction market event contracts fall under the category of "swaps" within their regulatory scope. Polymarket stated that prediction markets operated on CFTC-registered exchanges are governed by federal law and should not be subject to state and local regulations. (Cointelegraph)
The Baltimore City government has accused platforms such as Kalshi of violating gambling laws, involving partners such as Coinbase. The focus of the case is the conflict between local government enforcement authority and platform operational compliance.
Odaily News: Cryptocurrency market maker Wintermute plans to invest approximately $1 billion over the next five years in AI infrastructure and high-frequency trading systems, while expanding into equities, commodities, foreign exchange, and prediction markets. The company aims to increase non-crypto revenue to more than 50% of total revenue by the end of 2027. Wintermute founder and CEO Evgeny Gaevoy said the company plans to fund the investment with retained earnings. Wintermute's average daily trading volume this year is around $10 billion, down from approximately $15 billion last year; non-crypto businesses currently account for about 10% of revenue. The investment projects will cover computing power, storage, network, and data center infrastructure, supporting quantitative strategies that rely on large-scale datasets and models requiring continuous training and retraining. Wintermute has already expanded into exchange-traded funds, real-world asset perpetual futures, and prediction markets. Wintermute's U.S. affiliate recently completed its broker-dealer registration, allowing it to trade equities and stock options for its own account and serve as an authorized participant for exchange-traded products. The registration provides a pathway for the company to enter regulated securities markets. (Bitcoin.com News)
Odaily Odaily News: Fox Business crypto reporter posted on X platform, stating that according to a source familiar with the matter, the U.S. Securities and Exchange Commission's tokenization innovation exemption will be further delayed, and relevant details will remain undisclosed for now. The source noted that one possible reason is that the tokenization provisions in Section 10505 of the Clarity Act have been under repeated consultation among stakeholders, and any action taken by the SEC through the innovation exemption could affect the compromise plan for those provisions. This means that until the path forward for the Clarity Act becomes clearer, the exemption may remain on hold. The SEC still plans to hold a public meeting at 10 a.m. tomorrow, during which it intends to propose new rules and exemptions for fundraising transactions involving crypto assets, namely Regulation Crypto Assets.
The U.S. Commodity Futures Trading Commission announced that it will hold an Innovation Advisory Committee meeting on August 20 to explore feasible solutions for advancing cryptocurrency regulation against the backdrop of Congress not passing the CLARITY Act.
Odaily News According to a report by blockchain compliance analysis firm TRM Labs, following the full implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), only 281 of the original 1,343 crypto asset service providers applied for and received operating authorization, accounting for roughly one-fifth. Among the more than 1,800 crypto organizations previously registered in Poland, none obtained MiCA authorization; in Lithuania, only 8 of more than 400 received approval. Germany's regulator BaFin authorized 55 entities, while French and Dutch regulators each licensed 29. TRM Labs' assessments show that among firms that failed to obtain authorization and exited the market, 12% were rated as high-risk or severe-risk, compared to 2% among authorized firms. The former sent $5 billion to sanctioned counterparties, while the latter sent $1.7 billion. The report notes that unauthorized firms' sanctions exposure is approximately four times that of authorized firms. MiCA has also raised concerns about restricted access to stablecoins in Europe, and the EU is planning a comprehensive framework revision to address stablecoin issues and bring tokenized assets under regulatory scope. (Bitcoin.com News)
Odaily News: Bitcoin News posted on X platform stating that MSCI has proposed new rules targeting "non-operating companies." According to a simulation conducted by MSCI in May 2026, Strategy would be removed from its global investable market index. Strategy, along with Metaplanet and Yellow Cake, are the three companies listed in the simulated removal from the MSCI ACWI IMI. The proposed methodology would screen companies based on their operating assets, expenses and cash flows, non-operating fair value changes, and the extent to which they rely on accumulated assets raised through financing. The final criterion would directly target Strategy's model of accumulating Bitcoin through issuing equity and debt. The rules have not yet been finalized, with the comment period ending on September 30. MSCI is expected to make a decision by October 16, and related adjustments could be implemented during the November 2026 index review.
Odaily News: Digital asset company Tether has announced the completion of a full independent audit by KPMG U.S. of the financial statements of Tether International, S.A. de C.V. for the year ended December 31, 2025. KPMG U.S. issued an unqualified audit opinion. The audit covered transactions, systems, ownership records, valuations, counterparties, and financial statement evidence, and also examined the balance sheet, income statement, statement of changes in equity, and cash flow statement. KPMG U.S. also physically counted and inspected every single gold bar held by Tether. Tether CFO Simon McWilliams said that the 2025 audited financial statements show that its reserve assets exceed its liabilities by $6.814 billion. Tether stated that this audit is an important step in fulfilling its long-term commitment to financial transparency. (Tether News)
Odaily News – The U.S. Commodity Futures Trading Commission (CFTC) has released the agenda for the first meeting of its Innovation Advisory Committee (IAC). The committee will convene its inaugural session on August 20, focusing on regulatory topics in emerging areas such as crypto assets, artificial intelligence, and prediction markets.CFTC Chairman Michael S. Selig stated that the United States has long been a global hub for financial innovation, and expressed hope that through dialogue with innovative entrepreneurs, researchers, and industry builders, the committee can explore how emerging technologies and financial products can drive market development, and jointly chart the "new frontier of finance."The meeting will be livestreamed via the CFTC's official website. Committee members and participants will discuss topics including digital asset regulatory frameworks, the impact of AI technology on financial markets, and the development of prediction markets.The public may submit comments before August 27, which will be published on Regulations.gov, the U.S. federal regulations website. The CFTC noted that the meeting agenda may be adjusted based on the committee's subsequent priorities.The Innovation Advisory Committee aims to provide the CFTC with recommendations on emerging technologies, financial products, and market innovation trends. Its discussions cover critical areas—including digital assets and artificial intelligence—that could shape the future structure of financial markets.
Odaily News: Sui announced on the X platform that Hadron by Tether is now live, providing institutions with the infrastructure to issue tokenized stocks, bonds, commodities, and other assets. The infrastructure is designed with compliance at its core and built for scalable growth.