CFTC Chair Selig orders crypto market rules work as Clarity Act Senate window shrinks
He floated a DCM-style “crypto asset market” label as a fallback if the bill cannot reach 60 votes within three weeks.
U.S. Securities and Exchange Commission and its impact on crypto.
He floated a DCM-style “crypto asset market” label as a fallback if the bill cannot reach 60 votes within three weeks.
The proposal sets $5M/4-year and $75M/12-month issuance caps and opens a 60-day comment window after Federal Register publication.
People familiar with the decision tied the delay to Clarity Act negotiations ahead of an expected Senate vote next month.
The endowment’s crypto ETF value fell from $14.6M to $12.4M as BTC, ETH, and SOL declined over the quarter.
The firm says the US affiliate can trade stocks and options and act as an ETP authorized participant tied to digital assets.
U.S. rules remain fragmented, but SEC and CFTC joint guidance in 2025–2026 hints at a more unified compliance path.
The company reported $1.10B in digital assets at June 30, down from $1.64B at end-2025, ahead of an Aug. 6 insider share unlock.
The Nasdaq-listed firm marked its 75.1M 0G token treasury at $15.2M fair value versus $163.3M cost as of June 30.
Commissioners invited written statements due Aug. 24, extending uncertainty for US-listed BTC index options timing.
The July drawdown-driven transfer leaves open whether a disclosed $1.11B BTC miner basket was sold.
No pending DCM filing was visible in CFTC records as of the day the plan was announced at Rare Evo.
White House adviser Patrick Witt rejected the reported BRCA language as Senate leaders leave no vote scheduled before Aug. 7.
The slump lands alongside tighter APAC enforcement, from India’s BitChat GitHub order to Thailand’s Bitkub disclosure case.
TokenizeThis 2026 speakers framed GENIUS as a stablecoin green light and CLARITY as the bigger market-structure unlock.
The agreement, filed Wednesday, ends a two-year dispute tied to missing Gensler-era text messages.
The commissioner flagged discretionary allocation and loan terms as key factors that could force registration or exemptions.
Coinbase jumped 12% as Treasury Secretary Scott Bessent called the CLARITY Act “1-yard line” close.
The prospectus names BitGo, BNY Mellon, and CSC Delaware Trust, but leaves fees and APs undisclosed.
The complaint alleges only about 13% of investor funds went to mining and payouts stopped by March 2025 with over $20M unpaid.
The latest SEC 8-K shows cash reserves rising to $3.225B with about $23.5B of common ATM capacity still available.