House Oversight Chair Comer Probes Crypto.com, Hyperliquid & PredictIt Over Identity Checks
In a major development confirmed on SEPTEMBER 29, 2026, Confirmed announcement/filing for House Oversight Chair Comer Probes Crypto.com, Hyperliquid & PredictIt Over Identity Checks. This operational move highlights expanding activity across the digital asset ecosystem and underscores key developments for market participants. Key Operational Milestones & Context According to primary regulatory and corporate filings verified…
Coinbase Gets CFTC Approval For Its Own USDC-Native Clearinghouse
TL;DR Coinbase Clearing LLC has been registered by the CFTC as a Derivatives Clearing Organization. The approval allows it to clear fully collateralized futures, options on futures and swaps. Coinbase says the new clearinghouse will use USDC collateral and support 24/7 settlement. Coinbase has filled in the final piece of a U.S. derivatives stack it…
SEC Clarifies When Crypto Buybacks And Network Upgrades Can Raise Securities Questions
TL;DR SEC staff has published new FAQs explaining how federal securities laws may apply to crypto-asset buybacks, network upgrades and secondary-market activity. The guidance says a buyback can become relevant to an investment-contract analysis when an issuer presents it as a way to create yield or returns. The FAQs are staff guidance, not a new…
Blockchain Association CEO Summer Mersinger To Step Down In October
TL;DR Blockchain Association CEO Summer Mersinger will step down on October 16 and remain as an adviser through the end of 2026. Founding leader Kristin Smith will return as interim CEO from October 17. The leadership change comes during an unusually active period for U.S. digital-asset legislation and regulation. One of Washington’s most influential crypto…
Fed Proposes Full Reserve And Capital Rules For US Stablecoin Issuers
The Federal Reserve has proposed two new rulemaking packages for payment stablecoin issuers under the GENIUS Act. Board-supervised issuers would have to fully back tokens with permitted reserve assets and meet standardized capital and risk-management requirements. The proposals are not final rules yet, with a 60-day public comment period ahead. **ID:** N25-01 **Site:** NewsBTC **Status:**…
New York Sues Polymarket Over Alleged Illegal Gambling Operation
New York Attorney General Letitia James and Governor Kathy Hochul have announced a lawsuit against Polymarket US. The state alleges the prediction platform is operating illegal, unlicensed gambling in New York. The lawsuit seeks to stop the activity and asks for fines, forfeiture of alleged illegal gains and restitution for users. **ID:** N25-03 **Site:** NewsBTC…
Bastion Wins Conditional OCC Approval For National Trust Bank Charter
TL;DR Bastion has received conditional OCC approval to form a national trust bank. The charter is non-depository and geared toward custody and digital asset services. The company still has pre-opening conditions to satisfy before it can fully operate. Bastion is moving closer to operating under a federal banking charter after receiving conditional approval from the…
FCA Targets Three London Premises In Illegal P2P Crypto Trading Crackdown
TL;DR The FCA, HMRC and Metropolitan Police inspected three London premises over suspected illegal crypto trading. Cease-and-desist notices were issued. The action involved unregistered P2P businesses, not licensed UK exchanges. The Financial Conduct Authority has stepped up its enforcement work against illegal peer-to-peer crypto trading in London. Working with HMRC and the Metropolitan Police, the…
CFTC Crypto Asset Rules Enter White House Review
TL;DR A new CFTC crypto rulemaking has entered White House regulatory review. The filing covers “Crypto Asset Transactions” and “Crypto Asset Markets.” It is still at the pre-rule stage, so nothing has taken effect yet. The Commodity Futures Trading Commission has moved a new crypto rulemaking into White House review, giving the market its clearest…
FCA Crypto Authorisation Gateway Opens September 30
TL;DR The FCA’s application window for Britain’s new crypto regime opens September 30. Applications in the main window can be submitted until February 28, 2027. The new regulatory regime itself starts October 25, 2027. Crypto firms operating in the UK are getting close to a date that matters a lot more than another consultation paper.…