TREE NEWS update: Grayscale, a16z, and the Crypto Council for Innovation have urged the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category. They propose different routes to clearer and faster reviews, seeking to prevent blanket restrictions on new ETF types.
TREE NEWS update: Prediction market Kalshi suspended North Carolina candidate Bakert after he bet on his own victory. The move raises questions about market integrity and self-dealing in political prediction markets.
TREE NEWS update: Kalshi suspended North Carolina Republican Laurie Buckhout for three years after she bought less than $1,000 of contracts on her own congressional race. The prediction market platform said the trades violated its rules against self-dealing. Buckhout’s campaign did not immediately comment.
TREE NEWS update: Two Thai businessmen have filed a lawsuit against Tether, the issuer of USDT, over the freezing of $42.4 million in USDT. The plaintiffs allege that the freeze was unjustified and has caused them financial harm. This legal action highlights ongoing concerns about the power of stablecoin issuers to freeze assets.
TREE NEWS update: Prospect Markets has signed an agreement with Crypto.com to launch a prediction market in the United States. The partnership aims to offer event-based trading products to US users, leveraging Crypto.com’s platform.
TREE NEWS reports: G20 finance ministers and central bank governors have committed to establishing clear regulatory pathways to foster digital asset innovation. The pledge aims to balance innovation with financial stability and investor protection, signaling a coordinated global approach to crypto regulation.
TREE NEWS update: G20 finance leaders committed to establishing ‘clear pathways’ for digital assets innovation, acknowledging that digital assets can support economic growth and private sector innovation. The statement, issued after their meeting, signals a coordinated push toward regulatory clarity for the sector.
TREE NEWS update: BitcoinIRA has introduced Freedom Accounts, a new taxable cryptocurrency account option for investors. The offering aims to provide more flexibility beyond traditional retirement accounts, allowing users to trade digital assets without the restrictions of tax-advantaged IRAs.
TREE NEWS update: Singapore’s central bank, MAS, has proposed that stablecoin issuers must maintain 100% reserves and are prohibited from offering yield to holders. The measure aims to ensure stability and consumer protection in the digital asset space.
TREE NEWS update: Prediction market platform Kalshi has applied to launch perpetual futures on foreign exchange and interest rates, expanding beyond event contracts. The move signals growing convergence between prediction markets and traditional financial derivatives.
TREE NEWS update: The US SEC has released the agenda for its 24-hour trading roundtable scheduled for September 17. The event will address key regulatory topics, potentially impacting crypto and securities markets. This signals continued regulatory scrutiny and dialogue on trading practices.
TREE NEWS reports: Kalshi’s head of institutional, Andy Ross, revealed that the exchange submitted a filing for perpetual futures on currencies and interest rates on Monday. This move extends a contract type that was not legally available onshore in May across most Wall Street asset classes.
TREE NEWS reports: Fairshake-affiliated PAC has deployed approximately $190,000 in advertising for the Massachusetts primary election. The spending targets local races, reflecting the crypto industry’s continued political engagement.
TREE NEWS reports: Crypto-backed PAC Fairshake has scaled back its advertising spending in the Massachusetts primary, with $189,000 allocated to support Representative Jake Auchincloss. This marks the group’s latest effort to influence the 2026 elections using funds from the crypto industry.
TREE NEWS reports: UK authorities froze $13.5 million in cash as part of an investigation into Sorare, a crypto fantasy sports platform and Premier League sponsor. The freeze followed a January 2025 court order from Westminster Magistrates’ Court.
TREE NEWS update: Citi, Goldman Sachs, Fidelity, WisdomTree, and 19 other financial firms have committed to issuing a dollar stablecoin, more than doubling their group size since October. They target the first half of 2027 for the token, which has no name or chosen blockchain yet.
TREE NEWS reports: A report suggests that using credit cards via FOMO and Robinhood Wallet to buy memecoins might circumvent card network restrictions on crypto transactions. This could raise regulatory and compliance concerns.
TREE NEWS update: The U.S. Securities and Exchange Commission announced the agenda and panelists for its Sept. 17, 2026, roundtable on preparations for 24-hour trading. The event will be held at the SEC’s headquarters in Washington, D.C., starting at 10 a.m. The roundtable aims to address operational and regulatory considerations for extended trading hours.
TREE NEWS reports: The SEC has proposed modernizing decades-old transfer agent rules to accommodate blockchain-based recordkeeping and tokenized securities. This marks a significant regulatory step toward integrating digital assets into traditional market infrastructure.
TREE NEWS update: The SEC charged Mark D. Hanf, former CEO of Pacific Private Money Group LLC, and Hoai-Nam Chu Phan, former COO of a subsidiary, with orchestrating a multimillion-dollar offering fraud. The scheme, based in the San Francisco Bay Area, allegedly operated like a Ponzi, defrauding investors. The charges were announced today.
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