Bitcoin’s $113,000 case strengthens as US regulators push 9 crypto actions
Since mid-August, the SEC and CFTC have taken nine actions shaping crypto regulation, covering token offerings, securities trading, derivatives, clearing and custody. Some relief is already usable, including the SEC’s five-year tokenized-stock venue exemption, CFTC staff relief for certain passive software providers, updated FAQs and Coinbase Clearing’s registration to clear specified derivatives. The SEC’s new custody framework, alongside offering and transfer-agent proposals, remains subject to rulemaking and cannot yet be relied on. A broader CFTC market framework is still under White House review, while Congress has not resolved SEC-CFTC authority through the CLARITY Act. The measures could expand regulated access for advisers and financial firms, but the industry’s market-wide rules remain uncertain.
