Hex founder Richard Heart arrested in Istanbul, Turkish media report
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder's Istanbul residence.
SEC
40 articles
Patrick Witt exits White House crypto council with no replacement named
Patrick Witt, executive director of the White House Crypto Council, has left his post. The administration hasn’t named anyone to take his place, so President Donald Trump’s digital asset team…
Richard Heart reportedly detained in Istanbul raid, watches and cash seized
Turkish authorities reportedly detained HEX founder Richard Heart in an early-morning raid in Istanbul on Wednesday. The authorities seized dozens of luxury watches, firearms, and a large cash haul from…
Perpetuals.com Targets U.S. Tokenized Stocks Under SEC Relief
TL;DR Perpetuals.com plans to offer tokenized U.S. stocks under the SEC’s five-year Innovation Exemption after publishing notice of its intent to use the framework. The proposed equities would retain dividend…
Equities
Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption
Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between OKX and NYSE parent ICE.
CFTC crypto rules won’t be proposed until late Q1 2027 at best, says TD Cowen
A note from the investment bank TD Cowen said that the new crypto trading rules from the Commodity Futures Trading Commission probably won’t be in place until early 2028. Seiberg…
United States
Regulation by Agency, Not Congress: CFTC’s Crypto Rulemaking Is the Real Market-Structure Play
TL;DR The CFTC is seeking to regulate leveraged crypto trading and create a new category of trading platforms without waiting for legislation from the U.S. Congress. Agency-led regulations could accelerate…
Why Crypto Regulation Could Be Back at Square One After the Next Congress
On September 16 , the most ambitious attempt to define the regulatory framework for digital finance unraveled in the U.S. Senate . Following years of technical negotiations, the refusal to…
Private Markets
Coinbase CEO Backs SEC Proposal to Expand Retail Access to Private Markets
TLDR: Brian Armstrong backed the SEC’s proposal on October 11 to broaden retail access to private markets. The SEC is considering professional credentials and FINRA exams as alternative routes to…
Clarity’s failure could speed crypto innovation while shielding incumbents
Executives see openings for tokenization, DeFi and dealmaking, while lawyers warn agency action leaves spot-market oversight and lasting certainty unresolved.
Bitcoin
Thailand’s SEC opens bitcoin and ether ETFs to local mutual and private funds
Thailand’s Securities and Exchange Commission has cleared Thai mutual funds and private funds to buy bitcoin and ether ETFs listed on the Stock Exchange of Thailand. The rules take effect…
Mashinsky’s fourth lifetime ban comes with $35 million that New York may never collect
New York Attorney General Letitia James has barred Alex Mashinsky from the securities, commodities and crypto industries for life and attached a $35 million penalty that New York only collects…
Grayscale moves closer to launching first Zcash ETF in US with fresh amended SEC filing
Grayscale is inching closer to launching its Zcash ETF, filing another amendment with the Securities and Exchange Commission on Friday.
Equities
Inside the Oval Office meeting: Trump appears ‘bullish’ on Clarity Act as he solicits feedback from crypto, finance CEOs
During a private Oval Office meeting, President Trump appeared “bullish” on passing the Clarity Act, one source said.
Tokenization
U.S. SEC to again delay ‘innovation exemption’ for tokenization amid Wall Street, White House concerns
The SEC was ready to release at least some part of the innovation exemption alongside its now-canceled open meeting for "Reg Crypto" on Friday.
Crypto Regulation
SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date
The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.
