Tokenized stocks may be onchain, but the SEC still wants the keys
The U.S. Securities and Exchange Commission (SEC) maintains that tokenized stocks remain securities and are subject to existing custody rules, notably Rule 15c3-3. This stance...
sec
DTCC selects privacy-focused Canton Network to tokenize U.S. securities under SEC pilot
by Logan Pierce
The Depository Trust & Clearing Corporation (DTCC) has partnered with Digital Asset to tokenize U.S. securities using the Canton Network, a privacy-oriented blockchain, in a...
XRP stalls despite Ripple’s OCC win
by Mason Clarke
Ripple’s regulatory and institutional progress has not translated into sustained price gains for XRP. Despite a conditional Office of the Comptroller of the Currency (OCC)...
SEC approves three-year DTCC pilot to record U.S. securities on select blockchains via ‘registered’ wallets
The U.S. Securities and Exchange Commission approved a three-year pilot that allows the Depository Trust Company, part of the DTCC, to record U.S. securities on...
SEC’s Crenshaw intensifies scrutiny of crypto in his final weeks
SEC official Crenshaw has stepped up scrutiny of cryptocurrency activities as he nears the end of his tenure at the agency. The intensified focus on...
Strive Asset Management launches $500M at-the-market stock program to purchase more Bitcoin
Strive Asset Management has launched a $500 million at-the-market stock program to accelerate purchases of Bitcoin, according to regulatory filings. The offering uses a variable-rate...
Citadel challenges DeFi framework in letter to SEC, sparking industry outrage
by Mason Clarke
Citadel submitted a letter to the U.S. Securities and Exchange Commission challenging the regulatory framework applied to decentralized finance (DeFi), provoking immediate pushback across the...
SEC Halts Excessive Leverage ETF Filings Citing Regulatory Risks
by Logan Pierce
The United States Securities and Exchange Commission (SEC) has intervened decisively to curb the proliferation of high-risk financial products in the market. In a series...
SEC issues no-action letter for Fuse Energy Token
by Logan Pierce
The U.S. Securities and Exchange Commission (SEC) issued a no-action letter determining that the $ENERGY token of Fuse Crypto Limited does not require registration as...
Canary Capital filing signals spot XRP ETF ready to launch this week
by Mason Clarke
Canary Capital updated its S‑1 and removed the delaying amendment, opening the way for its spot XRP ETF (ticker XRPC) to begin trading this week...