The Block reports that Robinhood’s crypto chief said in public remarks that the SEC’s recent innovation exemption framework poses a substantive constraint on bringing stock-tokenization products to the US market, with a clear compliance path still pending.
The SEC’s chief crypto counsel outlined a regulatory path for crypto custody at an industry conference, potentially clarifying a long-awaited framework that could clear obstacles to large-scale institutional entry.
Core Summary The U.S. Securities and Exchange Commission on September 17 formally released its long-awaited “innovation exemption” rule, granting a five-year registration waiver to tokenized securities trading venues, allowing them to operate legally without applying to become national securities exchanges. The move represents a substantive response by U.S. securities regulators to crypto industry demands and a proactive initiative by regulators amid congressional inaction on crypto legislation. Event Details According to reporting by The Block and CoinDesk, the SEC’s “innovation exemption” is a blanket regulatory waiver with broad scope. Documents show that any qualified tokenized securities trading venue can operate during the five-year validity period without completing the cumbersome registration procedures required of traditional stock exchanges. This design significantly lowers compliance barriers and provides valuable trial-and-error space for emerging financial infrastructure. ...
CoinDesk reported on September 14 that the long-anticipated Dogecoin exchange-traded funds have suffered a serious shortfall of inflows since their simultaneous launch in the United States and Hong Kong in early September. In the first week of trading, net inflows into Dogecoin ETFs totaled less than $120 million, far below the $500 million threshold that industry analysts had expected before launch. In sharp contrast, the XRP and Solana ETFs launched at the same time together pulled in more than $3 billion in their first month, with the XRP funds alone attracting more than $1.7 billion and the Solana funds about $1.3 billion. The cold start for Dogecoin ETFs reflects that, in the eyes of professional institutional investors, Dogecoin is still regarded as a ‘retail-driven’ token, and its long-term value-store capability and institutional-money compatibility are being fundamentally questioned. The incident has also led the market to revisit the product-design logic of crypto ETFs, token-selection criteria and institutional-money flow trends.
Core Summary Bitcoin broke through the $70,000 milestone during New York trading on August 19, reaching its highest price since June 2026. Ethereum gained approximately 10% in tandem, indicating broad market recovery. The rally was driven by two main factors: the US Treasury’s accelerated bond buyback program injecting liquidity, and the SEC advancing a crypto regulatory framework proposal that markets interpreted as a signal of clearer regulatory environment. Event Details According to real-time data from CoinDesk and The Block, Bitcoin surged rapidly on the evening of August 19, breaking through the $70,000 psychological resistance level from the $68,000 range, touching near $70,250 at its peak. This marks Bitcoin’s return above the $70,000 threshold after nearly two months. ...
The U.S. Securities and Exchange Commission (SEC) has unexpectedly proposed new crypto offering rules as Congress stalls on digital asset legislation, marking the first major regulatory proposal on crypto market structure.
The U.S. Securities and Exchange Commission (SEC) has again delayed releasing its ‘innovation exemption’ rules for crypto tokenization and suddenly canceled the scheduled Reg Crypto proposal meeting. This decision means the long-awaited regulatory framework for the crypto industry will continue to be postponed.
Core Summary The U.S. Securities and Exchange Commission (SEC) has announced it will hold a meeting this week to vote on proposing a new regulatory framework called “Reg Crypto,” aimed at providing clear compliance pathways for certain types of digital asset offerings. This marks the SEC’s first major crypto rulemaking process since its establishment, signaling a new phase in U.S. crypto asset regulation. Event Details According to CoinDesk reporting, the SEC plans to formally introduce the Reg Crypto rule proposal at its public meeting this week. The rule aims to provide exemption from registration or streamlined registration procedures for digital asset offerings that meet specific conditions, while clarifying issuers’ disclosure obligations and investor protection requirements. ...
The U.S. Securities and Exchange Commission plans to propose new cryptocurrency regulations as early as this month, aiming to simplify fundraising for blockchain startups.
Paxos SEC Approval Blockchain Stock Clearing Takes Key Step Crypto infrastructure company Paxos has received approval from the U.S. Securities and Exchange Commission (SEC) to become the first licensed entity authorized to clear U.S. stocks on blockchain. This license positions Paxos to compete directly with traditional financial giants like DTCC (Depository Trust & Clearing Corporation). Milestone Significance Paxos’s new license marks a fundamental shift in blockchain technology’s role within U.S. traditional financial markets: ...