Benchmark says SEC's NMS proposal is the 'most consequential' US crypto rule this year
Benchmark said the SEC's proposal last week to rescind Rules 611 and 610(e) is the year's "most consequential" US crypto rule.
SEC Proposes Reg NMS Rule Changes That Could Affect Tokenized Stock Trading
TL;DR The SEC proposed rescinding Regulation NMS Rules 611 and 610e. The proposal is aimed at modernizing equity market structure. The change could have implications for tokenized securities and automated execution models, but it is not final. SEC…
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency formally proposed to rescind Rule 611 of Regulation NMS, the trade-through prohibition that has governed stock order routing…
Former SEC Chair Gensler rejects CFTC claim of authority over prediction market sports betting
Gary Gensler is calling malarkey the claim that the CFTC has jurisdiction over prediction markets, specifically sports bets.
Community bank group launches new ad campaign targeting Clarity Act stablecoin reward language
A key group representing small to mid-sized community banks plans to launch a new ad warning of risks in digital assets.
Backpack US appointees former SEC Acting Chairman Piwowar to board amid push for crypto perps
Michael S. Piwowar was appointed by President Barack Obama and served as an SEC commissioner from 2013 to 2018.
GSR receives FINRA approval to complete broker-dealer acquisition
GSR first announced it would acquire the Portland-based, SEC-registered broker-dealer Equilibrium Capital Services in October 2025.
Strategy Bought more Bitcoin as Tom Lee Scooped more ETH in the Bloodbath Aftermath: Bull Run Making a Comeback?
Strategy Bitcoin buying spree is back after a brutal week. Michael Saylor added 1,550 BTC for $101 million between June 1 and 7 at an average of $65,332 per coin, lifting its total to 845,256 BTC while boosting USD reserves to $1 billion. The move came…
Securitize clears SEC registration statement hurdle, sets path to NYSE listing as SECZ
Securitize's SPAC merger is expected to close shortly after a CEPT shareholder vote, if approved, later this month.
Crypto Council for Innovation launches coalition to push for regulatory clarity on vaults
A new coalition is forming, focused on crypto vaults, an increasingly popular mechanism for depositing digital assets and earning yield.