SEC Issues Interim Crypto Wallet Guidance as Peirce Calls for Rulemaking
The SEC issued interim guidance on when crypto interfaces may avoid broker-dealer status. Commissioner Hester Peirce called for formal rulemaking and public input.
The SEC issued interim guidance on when crypto interfaces may avoid broker-dealer status. Commissioner Hester Peirce called for formal rulemaking and public input.
Kraken disclosed two insider incidents involving limited client data access and a related extortion attempt. The exchange says no trading systems or client funds were compromised.
RAVE extends a sharp rally, Polkadot trades near record lows after a bridge exploit, and TRUMP tests double bottom support ahead of a holder event.
An exploit allowed an attacker to mint and dump 1 billion bridged DOT tokens on Ethereum. The incident did not affect Polkadot’s native relay chain.
Kenya has completed public consultations on its draft VASP Regulations, 2026. The framework will introduce licensing, AML, and consumer protection rules for crypto firms.
Iran is demanding cryptocurrency payments from tankers transiting the Strait of Hormuz. Chainalysis indicates stablecoins are more likely than Bitcoin to be used.
Japan has approved an amendment to classify crypto assets as financial products under the FIEA. The bill introduces insider trading bans and stricter penalties for unlicensed operators.
MiCA licensing and compliance costs of up to €500,000 are challenging smaller crypto firms, particularly in Germany with a shortened transition period. Large exchanges have secured EU-wide licenses.
The US Treasury has proposed new AML and sanctions rules for stablecoin issuers under the GENIUS Act. Issuers would be treated as financial institutions and required to block or freeze flagged transactions.
The CFTC filed for an injunction against Arizona to stop enforcement of state gambling laws on prediction markets. The case could shape whether such platforms fall under federal or state oversight.