Crypto Lobbyists Receive $8 Million Without Deal
Coinbase spent over $8 million lobbying for the Clarity Act in 2026, surpassing firms like Goldman Sachs and Binance, with significant amounts going to various lobbying firms. #Update #Crypto $BNB
Regulation
CFTC Seeks Event Contract Definitions Defying States
The U.S. CFTC proposes new rules defining event contracts as swaps, potentially countering state gambling claims against prediction markets like Kalshi, with implications for ongoing lawsuits. #Update #Legal $BTC $ETH
Bitcoin Surges as FCA Opens UK Crypto
The UK FCA opens crypto applications, allowing firms to operate under new rules effective Oct. 2027. Existing firms can continue services during reviews. #Update #Legal
SEC Targets 3 Platforms in Probe
Rep. Comer demands trading records from @Hyperliquid, @cryptocom, and Predictit amid insider trading probe involving $150M profit from a $1.1B short. #Breaking #Legal
Bitcoin Regulation Debate Heats Up Jamaica
Jamaica’s House debates Virtual Assets Service Providers Act to regulate crypto firms, aligning with international banking standards; unlicensed operators face criminal charges. #Update #Legal
Crypto Oversight Surges in ESMA 2027 Plan
ESMA will standardize crypto provider supervision under MiCA, deploying its MIDAS system to prevent market abuse and requiring MiFID II compliance for prediction platforms. #Update #Regulation
SEC’s Hester Peirce Departs Crypto Advocacy
Hester Peirce, known as “Crypto Mom,” resigns from the SEC after advocating for clearer crypto regulations and the innovation exemption for tokenized securities. #Update #Crypto $BTC $ETH
Blockchain Leadership Shifts After Crypto Act Fizzles
@BlockchainAssn CEO Summer Mersinger is stepping down after a legislative setback with the Digital Asset Market Clarity Act; Kristin Smith will return as interim CEO starting October 16. #Update #Crypto
Brazil Mandates $10K Crypto Wallet Reporting
The Central Bank of Brazil mandates VASPs report self-custody crypto transfers over $10K and bans unauthorized providers, effective October 1, 2026. #Update #Legal
Federal Reserve Approves GENIUS Act for Stablecoins
The U.S. Federal Reserve proposed new regulations under the GENIUS Act, affecting stablecoin rewards and capital requirements, with public input needed before finalization. #Update #Crypto $USDC
CFTC Approves Blockchain Investments for Commodities Firms
U.S. commodities firms can now invest in tokenized assets and utilize blockchain records, according to the CFTC, which is expediting regulatory clarity amid stalled legislation. #Update #Crypto $BTC $ETH
Ethereum: NY AG Bans Polymarket Gambling
New York AG Letitia James sues @Polymarket, alleging illegal gambling operations targeting vulnerable users, intensifying regulatory conflicts over prediction markets. #Breaking #Legal
EU Regulator Prioritizes AI Tokenization by 2027
The European Securities and Markets Authority (ESMA) will prioritize AI and tokenization in its supervision from 2027, aiming to enhance governance and investor safeguards in financial services. #Update #Crypto $BTC $ETH
Ethereum Urges Web3 Spending Caps Onchain
EU Supervisory Authorities warn quantum computing may compromise blockchain data by 2026, urging $BTC, $ETH, and $SOL to upgrade signatures. #Update #Crypto