SEC Chair Paul Atkins stated that applying established exchange rules provides core investor protections under federal securities laws, preventing products from operating as unregulated wagers.

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Judge Alvin K. Hellerstein ruled under Federal Rule of Civil Procedure 60 that newly acquired knowledge of facts existing when the January 2025 consent order was entered does not constitute a significant change in factual circumstances

The CFTC filed a lawsuit in 2022 alleging Gemini Trust Company made false or misleading statements of material fact in 2017 regarding a Bitcoin futures contract relying on Gemini auction prices

France should tax cryptocurrency conversions into stablecoins

Under the SEC's September 17, 2026 innovation exemption, a trading venue must notify an equity issuer 30 calendar days before listing third-party stock tokens, giving the issuer a 30-day window to file an objection notice

On September 17, 2026, the SEC enacted a five-year innovation exemption order allowing permissioned venues such as OKXICE to trade tokenized U.S. equities without registering as traditional securities exchanges or market maker dealers

An issuer's formal objection under the SEC's innovation exemption legally blocks only the specific venue that sent the notice, requiring each new trading venue to initiate its own separate 30-day opt-out window

Legal analysis from Davis Polk notes that the SEC's September 17, 2026 innovation exemption relief remains active through September 17, 2031, providing a regulatory testing period to gather data for permanent equity tokenization rules

Computershare requested in an October 2, 2026 comment letter that the SEC allow companies to file standing objections against stock tokenization

In October 2026 comment letters to the SEC regarding its innovation exemption, stock transfer agent Computershare and law firm Hunton Andrews Kurth requested an explicit consent requirement and a centralized public register for issuer objections to stock tokenization

Nasdaq announced it will opt out of having its shares tokenized under the SEC's innovation exemption, stating that OKXICE fails to display real-time best prices or report trades to the consolidated tape

In February 2026, Chinese regulators issued a joint notice banning unauthorized issuance of yuan-pegged stablecoins and tightening controls on digital assets

Mainland China has maintained a ban on commercial cryptocurrency trading, fundraising, and mining services since at least 2021, while continuing to support underlying blockchain technology development

Binance co-founder Changpeng Zhao commented on social media asking whether Solana Foundation organizers were unaware of local Chinese policies following the postponement of the Solana Accelerate China 2026 event in Shanghai

A Reuters report indicated that a Democratic victory in either chamber of Congress would not prevent the Trump administration from easing cryptocurrency regulations

Republican incumbent Pete Ricketts voted in favor of the Digital Asset Market Clarity Act and the Guiding and Establishing National Innovation for US Stablecoins Act while in office

A Democratic-controlled Congress could lead to subpoenas, congressional hearings, and investigations regarding the Trump administration's connections to the cryptocurrency industry

Individuals who fail to declare self-custodied crypto holdings under Amendment I-CF821 face fines of up to €10,000 ($11,000)

Sponsors of Amendment I-CF821 introduced the disclosure measure to combat tax evasion and address unrecorded cryptocurrency capital gains

On October 9, 2026, the French National Assembly's Finance Committee adopted Amendment I-CF821, requiring individuals to declare self-custodied crypto wallets valued at or above €100,000 ($112,000) annually as of December 31

Regulated crypto service providers in France already face tax reporting obligations, whereas self-custodied wallets previously remained unmonitored