SEC Commissioner Hester Peirce has issued a new statement on crypto vaults and lending strategies, and the message is more nuanced than a simple pro-crypto or anti-crypto headline. Peirce’s July 22 statement, titled “Headstands and Summervaults: A Statement on Crypto Vaults and Lending Strategies,” argues that putting an activity on-chain does not automatically move it…
Sam Waldon, the Principal Deputy Director of the SEC’s Division of Enforcement, will leave the agency on July 31, 2026, marking a leadership change inside one of the most closely watched divisions in US financial regulation. The SEC said Waldon is departing after more than 14 years of service. Osman Nawaz will succeed him in…
The SEC is preparing to hold a public roundtable on 24-hour trading, and while the announcement is focused on US equity markets rather than crypto, the direction of travel is hard to miss. Traditional markets are being pushed toward a world that crypto already knows well: trading that does not neatly stop at 4 p.m.,…
Japan’s latest crypto law changes have revived the country’s spot Bitcoin ETF discussion, but the important part is the timeline. This is not an approval story today. It is a regulatory groundwork story, and that means investors need to be patient. The Japanese Cabinet submitted the Bill for Partially Amending the Financial Instruments and Exchange…
Kraken’s UK presence is a good example of how crypto regulation actually works in practice: not as one broad approval, but as a patchwork of registrations, permissions, services, and limits. The exchange operates in the UK through several FCA-regulated entities. Payward Limited is listed as a registered cryptoasset business for anti-money laundering purposes. Payward Services…
Marathon Digital has launched a small Bitcoin mining pilot in Utah powered by landfill methane gas, and while the project is not huge, it is a useful example of where mining infrastructure may be heading. The project, built with Nodal Power, uses off-grid landfill methane to generate electricity for Bitcoin mining. Marathon’s announcement describes the…
BlackRock’s IBIT and MicroStrategy are both huge Bitcoin accumulation stories, but they are not doing the same thing, and that distinction matters more as the numbers get bigger. IBIT gathers Bitcoin passively through ETF demand. Investors buy shares, the fund creates exposure, and Bitcoin flows into the product through the ETF mechanism. MicroStrategy, by contrast,…
A large Ethereum short on Hyperliquid is giving the market another glimpse of how serious capital is starting to use decentralized derivatives venues, not just centralized exchanges and OTC desks. The position, tracked through the Hyperliquid explorer at wallet address `0x7fdafde5cfb5465924316eced2d3715494c517d1`, is sized at roughly $67 million against ETH. The wallet is labelled on-chain as…
S&P Dow Jones Indices and Pantera Capital have launched a new digital asset benchmark that tracks crypto networks through a more fundamentals-focused lens. The S&P Pantera Digital Asset Index, or SPPDA, launched with 18 constituents and uses a rules-based methodology. According to the index materials, asset selection is tied to protocol-level revenue, with Artemis Analytics…
T. Rowe Price’s active crypto ETF filing is a reminder that the next phase of digital asset funds may not be limited to simple Bitcoin and Ethereum exposure. The T. Rowe Price Active Crypto ETF, listed under the ticker TKNZ, filed registration documents under CIK 0002089855 and File Number 333-291007. The product is structured as…