On Aug. 18, 2026, the U.S. Securities and Exchange Commission issued a 402-page proposing release for Regulation Crypto Assets, which would establish a standalone offering framework for certain investment contracts involving crypto assets.
Continue Reading SEC Proposes ‘Regulation Crypto Assets,’ Creating Tailored Crypto Offering Exemptions and Investment Contract Safe Harbor
California’s Digital Financial Assets Law became operative July 1, 2026, marking a significant shift in the state’s regulatory landscape. Recent legislation and pending bills signal California’s move toward a broader framework covering licensing, custody, enforcement, and public integrity in digital asset markets.
Continue Reading California DFAL Is Now Operative: Stablecoins, Enforcement, Custody, and What’s Next
The staff of the SEC’s Division of Trading and Markets issued a statement explaining how non-custodial crypto wallet providers may offer services and receive fees without broker-dealer registration.
The GCC is emerging as a regional leader in digital debt securities, with landmark digitally native bond and sukuk issuances reshaping how capital is raised and settled. As regulatory frameworks evolve and infrastructure matures, market participants should consider how digital issuance mechanics may fit within their existing programmes.
Continue Reading The Rise of Digital Debt Securities in the Middle East
On March 17, 2026, the U.S. Securities and Exchange Commission issued an interpretive release addressing the application of the federal securities laws to crypto assets and related transactions. The Commodity Futures Trading Commission joined the interpretation and indicated it will administer the Commodity Exchange Act consistent with the SEC’s approach, reflecting a coordinated regulatory position across the two agencies.
Continue Reading SEC Clarifies Status of Crypto Assets Under Federal Securities Laws, Signals Potential Exemptive and Safe Harbor Framework
The Treasury Department and the IRS have released proposed regulations that would allow digital asset brokers to furnish required transaction statements to customers solely through electronic means.
The proposed regulations (REG-105064-25), issued March 5, would establish an alternative process for brokers to obtain customer consent to receive Form 1099-DA, Digital Asset Proceeds From Broker Transactions
The U.S. Securities and Exchange Commission staff issued a joint statement on Jan. 28, 2026, providing greater clarity on the application of the federal securities laws to the category of crypto assets commonly referred to as tokenized securities.
Continue Reading SEC Issues Guidance on Applying Federal Securities Laws to Tokenized Securities
Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline Pham, currently the only CFTC Commissioner of the five-member commission, announced on Dec. 4, 2025, that spot trading in cryptocurrency products will be available on CFTC-regulated exchanges for the first time.
Although CFTC focuses primarily on regulating futures contracts, derivatives, and swaps, the Commodity Exchange Act (CEA)
On Sept. 8, 2025, the Nasdaq Stock Market filed a proposed rule change with the U.S. Securities and Exchange Commission to enable the trading of tokenized equity securities and exchange-traded products on its platform. The proposal, published for public comment, represents a significant step toward integrating blockchain-based assets into the existing U.S. equities market infrastructure.
Continue Reading Nasdaq Proposes Rule Changes to Enable Trading of Tokenized Securities
On July 29, 2025, the U.S. Securities and Exchange Commission (SEC) voted to approve orders allowing in-kind creations and redemptions for crypto asset exchange-traded products (ETPs), including those based on bitcoin and ether. This marks a significant shift from the SEC’s earlier stance, which had limited spot crypto ETPs to cash-only transactions.
Under the newly