Legal
Legal
+2
Sep 28, 2026
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2 min read
The Justice Department Seizes $84 Million From a Tether-Linked Payments Firm
Federal prosecutors in California moved to seize $84 million from Capstone, a payments company they say ran as an unlicensed money transmitter and helped scammers turn stolen cash into stablecoins, with the complaint noting the firm processed payments tied to Tether and Bitfinex.
Legal
+2
Sep 28, 2026
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2 min read
California Bans Public Officials From Launching Memecoins Under a New Newsom Law
Governor Gavin Newsom signed AB 2409, barring California public officials from issuing memecoins and blocking exchanges from listing official-linked memecoins, in a law his office aimed at President Trump's crypto earnings.
Legal
+1
Sep 28, 2026
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2 min read
Sixth Circuit Rules States Can Regulate Kalshi's Sports Contracts, Widening a Circuit Split
The Sixth Circuit held Kalshi's sports event contracts are not swaps under the Commodity Exchange Act, letting Ohio and Tennessee enforce gambling laws and deepening a circuit split headed toward the Supreme Court.
Legal
+2
Sep 28, 2026
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2 min read
Crypto Loses Two Top Washington Voices as Mersinger and Peirce Head for the Exits
Blockchain Association CEO Summer Mersinger steps down and SEC Commissioner Hester Peirce departs within weeks of the CLARITY Act's Senate defeat, thinning crypto's regulatory bench in Washington.
Legal
+3
Sep 25, 2026
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2 min read
The SEC Says Token Buybacks and Liquid Staking Tokens Are Not Securities
The SEC's Division of Corporation Finance released crypto asset FAQs on September 25, 2026, saying token buybacks and post-launch staking do not count as the managerial efforts that turn a functional network token into a security under the Howey test.
Legal
+2
Sep 25, 2026
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2 min read
A Vietnamese National Is Charged in a $16 Million Crypto Pig Butchering Scam
Trung Nguyen Van faces money laundering charges in the Western District of Missouri after prosecutors say his crypto wallets received more than $53 million from pig butchering investment scams targeting Americans.
Legal
+2
Sep 25, 2026
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2 min read
The Federal Reserve Proposes Its First Stablecoin Rules Under the GENIUS Act
The Fed opened public comment on two proposals setting reserve, capital, and risk-management standards for payment stablecoin issuers under the GENIUS Act before the January 2027 deadline.
Legal
+2
Sep 23, 2026
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2 min read
Senate Banking Democrats Demand a Public Hearing on Prediction Markets as Republicans Meet Privately With Kalshi
Every Democrat on the Senate Banking Committee asked Chair Tim Scott for a public prediction markets hearing on September 23, the same day committee Republicans met privately with Kalshi CEO Tarek Mansour.
Legal
+2
Sep 22, 2026
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2 min read
US Prosecutors Probe Binance Over Iran Sanctions Three Years After Its $4.3 Billion Plea
The Manhattan US Attorney's Office and the DOJ Criminal Division are examining whether Binance knowingly allowed Iran-linked trades, nearly three years after the exchange's $4.316 billion guilty plea and compliance monitor.
AI
+3
Sep 22, 2026
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2 min read
A New Antitrust Lawsuit Says the Top AI Labs Illegally Agreed to Slow Down
A proposed class action filed in California accuses OpenAI, Anthropic, xAI, and Google of violating antitrust law by coordinating to slow AI development, days after the labs publicly called for an industrywide safety slowdown.
Legal
+3
Sep 22, 2026
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2 min read
Bastion Wins Conditional Federal Approval to Run Its Stablecoin Business as a National Trust Bank
The OCC granted Bastion preliminary conditional approval for a national trust bank charter, pulling stablecoin custody, payments, and white-label issuance under one federally regulated entity.
Legal
+2
Sep 22, 2026
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2 min read
Crypto's Fairshake Commits $30 Million to Defeat Sherrod Brown in Ohio
The crypto super PAC Fairshake has committed $30 million against Sherrod Brown's Ohio Senate comeback, its biggest single-candidate spend of the 2026 midterms, with more than $90 million still on hand.
Legal
+2
Sep 21, 2026
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2 min read
The CFTC Is Investigating Polymarket After a $10 Million Fraud Attempt and a Growth-Over-Compliance Push
A Wall Street Journal investigation says Polymarket's payment processor flagged more than 80 percent of US deposits as fraudulent while the prediction market chased a $21 billion valuation.
Legal
+2
Sep 19, 2026
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1 min read
Coinbase Files With the CFTC to Bring Single-Stock Perpetual Futures to US Traders
Coinbase Derivatives asked the CFTC on Friday to list 24/5 perpetual futures on 50 to 60 US stocks, including Apple, Nvidia, Microsoft, and Tesla, letting traders take leveraged positions without owning the shares.
Legal
+2
Sep 18, 2026
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2 min read
A US Bill to Lock Trump's Strategic Bitcoin Reserve Into Law Clears a House Committee
The American Reserve Modernization Act passed the House Financial Services Committee 28 to 21, moving to codify a Strategic Bitcoin Reserve and require the government to hold its roughly 324,527 bitcoin for at least 20 years.
Legal
+2
Sep 18, 2026
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2 min read
The CFTC Says DeFi and Wallet Developers Can Route Derivatives Trades Without Registering as Brokers
A new CFTC staff no-action letter, 26-25, extends industry-wide relief so any maker of passive software, including DeFi front ends and self-custodial wallets, will not face enforcement for failing to register as an introducing broker, subject to ten conditions.
Legal
+2
Sep 18, 2026
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2 min read
Who Wins and Loses From the SEC's Tokenized-Stock Exemption
The SEC's Innovation Exemption favors real tokenized shares with full shareholder rights, lifting firms like Securitize, Superstate, and Dinari, while synthetic price-only tokens from Robinhood, Kraken, and Ondo are left outside, and Commissioner Hester Peirce says true DeFi does not need the exemption at all.
Legal
+2
Sep 17, 2026
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2 min read
Wyoming Moves Its FRNT Stablecoin From LayerZero to Chainlink CCIP After a Security Review
The Wyoming Stable Token Commission migrated its state-issued Frontier Stable Token (FRNT) from LayerZero to Chainlink's Cross-Chain Interoperability Protocol across eight networks after a security review, a move LayerZero's CEO publicly disputed.
Legal
+2
Sep 16, 2026
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2 min read
The CLARITY Act Fails in the Senate as a 49-50 Cloture Vote Falls Short
The Senate's September 15 cloture vote on the CLARITY Act, crypto's market-structure bill, failed 49 to 50, short of the 60 votes needed, leaving US crypto oversight with the SEC and CFTC as bitcoin slid toward $76,000.
Legal
+2
Sep 16, 2026
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2 min read
The CFTC and SEC Lean on Their Statutory Authority After the CLARITY Act Fails
One day after the CLARITY Act failed, CFTC Chairman Mike Selig said the agency will write crypto rules under existing authority, while SEC Chairman Paul Atkins proposed rescinding the shareholder proposal rule as beyond the SEC's statutory authority.
Legal
+2
Sep 13, 2026
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2 min read
Sam Bankman-Fried Asks the Supreme Court to Void His Fraud Conviction and $11 Billion Forfeiture
The FTX founder's petition argues jurors never heard that customers were repaid, and that the $11.02 billion forfeiture is an unconstitutional excessive fine.
Legal
+2
Sep 11, 2026
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2 min read
The SEC Sends a Crypto Custody Rule Overhaul for Investment Advisers to the White House for Review
The proposal to clarify how registered investment advisers and funds hold digital assets reached the Office of Management and Budget on August 25, a required step before the Commission can vote to publish it. Chair Paul Atkins is targeting a formal proposal in October.
Legal
+2
Sep 11, 2026
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2 min read
The SEC Proposes Its First Transfer Agent Rule Overhaul in 40 Years to Cover Blockchain and Tokenized Securities
On September 1 the Commission moved to modernize rules untouched since the late 1970s, adding Form TA-2 reporting for the securityholder records agents now keep on a distributed ledger. The public comment period runs 60 days.