Policy

Policy coverage from the StreamSage Policy desk. Sources on every story. Page 7.

• Regulators Expand 18-Month Exam Cycle for Community Banks

  Federal agencies have increased eligibility for the 18-month exam cycle, easing supervisory requirements for community banks.

• Kalshi approved to list precious metals futures

  CFTC authorized gold and silver perpetual futures this week, marking the exchange's first non-crypto listing.

• Six years of Ponzi payments funded by a home renovation

  The SEC alleges $6.6M in returns was paid from new investor money, while $5.8M went to Boateng's house.

• FIU-IND's 15 app takedowns are requests, not completed blocks

  FIU-IND sought takedowns of 15 crypto apps on Sept. 9, but the release confirms notices only; app stores have not completed removals and no withdrawal freeze is reported.

• Citadel urges SEC to oversee equity-linked event contracts

  Citadel argues trading venues should not use CFTC self-certification to bypass SEC approval for products tied to public company data.

• A $660 million mining fleet booked at $12.4 million

  A valuation firm priced 9,800 rigs at $660 million, but the company’s own books record them at $12.4 million, with most units below the flagship spec.

• Brazilian banks sell crypto to clients but own none

  Client-facing crypto shelves are expanding, yet Central Bank filings show zero proprietary holdings on Brazilian bank balance sheets as of March 2026.

• Australia revokes GetCoins registration over scam complaints

  AUSTRAC canceled the registration of BA Digital Ventures Pty Ltd on June 4, 2026, after it was allegedly exploited by investment scams.

• UK Regulators Weigh Easing Ban on Prediction Markets

  Regulators have discussed possibly easing the 7-year-old ban as consumers increasingly use US-based prediction sites like Kalshi and Polymarket.

• EIP-8141 gas cap blocks Ethereum privacy proofs

  New benchmarks show optimized privacy proofs require nearly twice the proposed 100,000-gas validation allowance in the current draft.

• Canada prepares retaliatory tariffs on US goods

  Ottawa plans to impose duties of 15% to 50% on hundreds of American products next Tuesday.

• Treasury reports $9 billion in Iranian funds moved through US banks in 2024

  New "Operation Economic Outcast" campaign aims to end the war, but experts say banks must tighten scrutiny of correspondent relationships to cut the flow.

• Treasury says Iran has 30 million barrels left for China

  Bessent frames the US blockade and sanctions as an endurance test, citing limited remaining Iranian crude available to Chinese buyers.

• Fed Governors’ Calendars Show Blackout Events With Bankers

  Bloomberg Economics has reported that two Federal Reserve governors met with or attended events hosted by private-sector banking officials in recent months.

• FDIC Raises Reciprocal Deposit Cap to $30 Billion for Qualifying Banks

  The new rule replaces the previous $5 billion limit with a tiered calculation allowing banks to hold more business operating cash.

• Trump says Hyperliquid U.S. entry will be fully compliant and legal

  A separate, KYC-gated product would sit on Hyperliquid infrastructure, with SEC and CFTC rule revisions potentially taking up to a year.

• Kalshi to Pay $500,000 Daily Fine for Michigan Geolocation Violations

  A Sept. 1 preliminary injunction bars Kalshi sports contracts in Michigan and raises the geofencing penalty from $120,000 to $500,000 per day.

• OpenReserve receives OCC approval for national bank charter

  The startup must raise $210 million in capital and meet a 12% leverage ratio before it can open for business in Salt Lake City.

• Fed paper models stablecoin runs from network congestion

  A Federal Reserve study finds high fees and weak network effects can drive redemptions, while GENIUS rules leave blockchain capacity unregulated.

• BitMEX co-founder Ben Delo gives Reform UK another £4m

  Electoral Commission records show the two payments made up 75% of Reform's quarterly donations, with Delo's total for 2026 now at £8m.