SEC Proposes Transfer Agent Rule Overhaul, Sets Roundtable on 24/7 US Trading
A 421-page proposal would let transfer agents use blockchain recordkeeping, as the SEC separately set a roundtable on around-the-clock US equities trading.
Regulation & Policy
Legislation and rulemaking, SEC/CFTC and global regulators, enforcement actions and court rulings, central banks and CBDCs, tax and licensing regimes.
49 posts
UK Crime Agency Freezes $13.5 Million Premier League Account in Sorare NFT Crime Probe
The NCA secured a Westminster Magistrates' Court freezing order over the first payment under a Sorare–Premier League sponsorship deal, as part of a gambling-law investigation into the Messi-backed NFT fantasy football platform.
Hyperliquid Seeks US Entry Through Kraken Parent Payward in Perpetuals Deal
Hyperliquid is in advanced talks with Kraken parent Payward to route crypto perpetuals through the US-regulated Bitnomial exchange, giving the offshore derivatives platform its first American foothold as the CFTC reviews the proposed structure.
Kalshi Issues First-Ever Lifetime Ban, Targeting George Santos Over Market Manipulation
Kalshi permanently banned former congressman George Santos over self-bets on his State of the Union attendance, landing its first lifetime ban and a $71,356 penalty.
Former White House Teleprompter Operator Fined $172,000 for Kalshi Insider Trades
The CFTC ordered Gabriel Perez to pay $172,000 for trading Kalshi event contracts on government announcements he saw before the public — the second federal-employee insider case on a prediction market in four weeks.
Stablecoins Not Credible for Payments at Scale, BIS Chief Says
BIS General Manager Pablo Hernández de Cos dismissed stablecoins as a credible payments-at-scale solution and promoted tokenized bank deposits, as a new FSI study found sharp divergence in how five jurisdictions regulate issuers.
Kalshi Takes Legal Blow in Court Ruling Confirming State Powers Over Prediction Markets
A Ninth Circuit panel upheld Nevada's authority over Kalshi's sports-betting event contracts, rejecting federal preemption and widening a circuit split that may reach the Supreme Court.
Investors at Least $4.7 Billion Underwater Across Trump Crypto Ventures, Public Citizen Says
Public Citizen tallies $4.7 billion in investor losses across Trump-linked crypto ventures while the president's family earned an estimated $1.4 billion, as California's Senate advances a memecoin ban for public officials.
Polish Olympic Chief Detained in Zondacrypto Bribery Probe
Polish prosecutors detained Olympic Committee president Radosław Piesiewicz over an alleged luxury-watch bribe from collapsed crypto exchange Zondacrypto, deepening a probe that already drew the prime minister's accusations of Russian intelligence ties.
Bank of England Handed New Mandate to Foster Stablecoin Innovation
The UK is writing a new "innovation" duty for the Bank of England covering digital payments and stablecoins, while keeping financial stability as the primary objective — a shift in how a major central bank frames crypto-adjacent payment rails.