Topic: #sec
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US regulators push tokenization measures after CLARITY Act fails in Senate
U.S. regulators have kept advancing crypto and tokenization initiatives under existing authority after the CLARITY Act failed in the Senate, Crypto Briefing reported, citing an SEC exemption for tokenized stocks.
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SEC models $433,833 annual cost for advisers self-custodying client crypto
The SEC's Oct. 1 crypto custody proposal puts certain annual self-custody costs at $433,833 per adviser, a subtotal that leaves out technology spending and could favor larger firms, CryptoSlate reported.
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SEC proposes letting investment advisers self-custody client crypto assets
The SEC proposed letting investment advisers hold client crypto themselves when no eligible custodian exists and allowing state trust companies to act as crypto custodians, with a 60-day comment period ahead.
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Fairmint's Delanoue warns fragmented token records risk new 'Paperwork Crisis'
In a CoinDesk op-ed, Fairmint's Joris Delanoue argues that splitting tokenized ownership data across wrappers, SPVs and ledgers could create a blockchain-era Paperwork Crisis as the SEC updates transfer-agent rules.
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SEC and CFTC down to three commissioners total as Hester Peirce exits
SEC Commissioner Hester Peirce leaves Friday, Cointelegraph reported. That leaves the SEC and CFTC with three commissioners between them and seven empty seats overseeing parts of a $3 trillion crypto industry.
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Sen. Tim Scott blames Democrats for Clarity Act stall in CoinDesk op-ed
In a CoinDesk op-ed, Sen. Tim Scott (R-S.C.) blamed Senate Democrats after the Clarity Act failed to advance. He wrote that none of them voted for it, even though the final proposal included over 120 changes they had requested.
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White House blames Democrats after Crypto Clarity Act stalls in Senate vote
The White House blamed Senate Democrats for the Crypto Clarity Act's failure after a procedural vote didn't advance the bill, Crypto Briefing reported. LeoDex News couldn't independently verify the statement.
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SEC issues new crypto Howey FAQs as Bitget resumes Bitcoin withdrawals
The SEC issued new FAQs on how the Howey test applies to token buybacks, network development and staking receipt tokens, while Bitget resumed BTC withdrawals after a breach affecting nearly $388 million.
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SEC's Hester Peirce warns DeFi vaults may trigger securities scrutiny
SEC Commissioner Hester Peirce has cautioned that on-chain DeFi vaults and lending strategies could be classified as securities, urging builders to engage with regulators before enforcement action follows.
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Coinbase Wins SEC FOIA Settlement Over Missing Records
Coinbase reached a Freedom of Information Act settlement with the SEC requiring a $150,000 award and revised record-retention practices, following the regulator's acknowledgment of lost text messages between senior officials during its crypto crackdown.
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Philippine SEC signals readiness to regulate tokenized real-world assets
Philippine Securities and Exchange Commission Commissioner Rogelio Quevedo told Cointelegraph that the country is prepared to accommodate asset tokenization, which could offer overseas Filipino workers legitimate investment options and help combat scams.
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CFTC Chief Selig: US Crypto Regulatory Overhaul Targets Global Leadership
CFTC Chairman Michael Selig outlined a strategic shift in US crypto regulation, moving from enforcement-heavy tactics to modernized frameworks designed to attract legitimate markets and police fraud rather than minor violations.