CFTC Updates Crypto Asset FAQs on Tokenized Customer Funds and Blockchain Recordkeeping

CFTC staff guidance explains how futures commission merchants and clearing organizations can hold tokenized customer funds and keep blockchain-based records.

Blockchain Association CEO Summer Mersinger Steps Down, Kristin Smith Returns as Interim CEO

Summer Mersinger will step down as CEO of the Blockchain Association on October 16, with founding leader Kristin Smith taking over as interim chief executive.

SEC Commissioner Hester Peirce to Step Down on October 2

SEC Commissioner Hester Peirce announced Friday she will resign effective Oct. 2, ending an eight-year tenure and leaving the commission with two sitting members.

New York Sues Polymarket Over Unlicensed Gambling Operation

Attorney General Letitia James and Governor Kathy Hochul asked a New York court to bar Polymarket US from operating as an unlicensed gambling business.

Grayscale Files for ZCSH High Income ETF, an Options-Based Zcash Fund

The actively managed ETF would collect option premiums from Zcash funds to generate current income while keeping room for capital appreciation.

Federal Reserve Proposes Stablecoin Rules Under the GENIUS Act

The Fed's two proposals would require full reserve backing for payment stablecoins and create an application process for banks issuing them through subsidiaries.

UK Banks Complete First Interbank Tokenized Deposit Transactions

UK Finance said the live pilots covered two remortgage completions and a programmable marketplace payment, moving ordinary pounds between rival banks.

Researchers Propose Shielded Bitcoin for Zcash-Style Private Transfers

Researchers at Alloc Init published a design borrowing Zcash's encrypted notes and zero-knowledge proofs to hide the sender, recipient and amount of Bitcoin payments.

CFTC Charges Cash FX Group in $950 Million Forex Ponzi Scheme

The CFTC filed a civil complaint alleging Cash FX Group ran a Ponzi scheme that promised weekly returns of up to 15 percent from AI-driven forex trading.

The Clearing House Selects Quant to Power Its Tokenized Deposit Network

The Clearing House picked Quant to run the interoperability and transaction-management layer of its On-Chain Money Initiative, a tokenized deposit settlement network.

Kelp DAO Sues LayerZero and CEO Bryan Pellegrino Over $292M rsETH Exploit

The liquid restaking protocol's developer filed the claim on September 24, arguing LayerZero endorsed the vulnerable single-verifier bridge setup in writing.

Strategy Proposes Daily Dividends on Four Preferred Stocks

The Bitcoin treasury company's board approved the move and filed a preliminary proxy statement with the SEC, scheduling a shareholder vote for October 28.

Riot Platforms Repays $200 Million Coinbase Bitcoin-Backed Credit Facility

The bitcoin miner repaid all outstanding principal on September 21 and disclosed the move in a Form 8-K filed with the Securities and Exchange Commission.

Bitget to Resume Withdrawals in Phases Starting September 28

Bitcoin withdrawals reopen first on September 28, with Ether, USDT, and remaining assets following through October 2 after independent security checks.

Sixth Circuit Rules States Can Regulate Kalshi's Sports Prediction Markets

A unanimous Sixth Circuit panel found Kalshi's sports event contracts fall outside CFTC jurisdiction, clearing the way for state gambling enforcement.

Forward Industries Raises $25 Million to Expand Solana Treasury

The Austin-based Solana treasury company sold 3.125 million shares at $8 each to an institutional investor and plans to deploy the net proceeds into SOL.

Kraken Parent Payward Opens Oura IPO Access Through xStocks

Eligible Kraken and xStocks Alliance customers in over 110 countries can register non-binding indications of interest, with Oura shares tokenized as OURAx on listing day.

D3 Launches Frontier for Priority Access to Names in ICANN's New Domain Round

D3's Frontier turns Solana and Hyperliquid vault deposits into points that set priority for names in ICANN's first new domain round since 2012.

Bybit Adds Franklin Templeton Tokenized Money Market Fund Shares as Off-Exchange Collateral

Bybit follows Binance in taking Franklin Templeton's tokenized money market fund shares as off-exchange collateral, with a retail product on Mantle to follow.

CertiK Says Coq Proofs Show zkWasm's Core Circuits Are Sound

CertiK says Coq proofs show zkWasm's circuits are sound, joining a growing push, backed by Ethereum Foundation funding, to formally verify zkVMs.

Binance Futures Lists Five New TradFi Perpetual Contracts

Binance Futures will list ExxonMobil, Carvana, Oklo, Twist Bioscience and Rumble as TradFi perpetual contracts, extending 24/7 leveraged stock trading to five more US equities.