Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 8.

• SEC Tokenization Exemption Meets $15.75B Offshore Trading Volume

  A five-year SEC pathway for onshore tokenized stocks arrives as offshore volume hits $15.75 billion monthly, with weekend turnover up 4.4-fold in three weeks.

• Senate stalls crypto bill as SEC approves tokenized stock trading

  The Digital Asset Market Clarity Act failed to advance, leaving stablecoins as the primary regulated digital asset in the U.S. market.

• CFTC letter exempts passive crypto apps from broker registration

  The agency extended relief first granted to Phantom Technologies, allowing software developers to connect users to regulated derivatives without registering as introducing brokers.

• Treasury Sanctions BitBank in Latest Blow to Iranian Crypto Infrastructure

  The designations extend Operation Economic Outcast to Zanjani-linked software and a bitcoin-settled insurance platform targeting $10 billion in revenue.

• Optimism approves Upgrade 20 for Super Root dispute games

  Four OP Stack testnets target a Sept. 17 contract upgrade, while mainnet execution remains conditional on a healthy seven-day soak.

• Stellar activates Protocol 28 as network sets throughput record

  Stellar enabled atomic contract upgrades and consensus changes by Sept. 17, while stablecoin supply reached nearly $884 million over the past year.

• Reform UK plan cuts crypto gains tax to 10%

  The reported measure would save 240 high-earning investors over £100 million annually, per The Independent.

• Crypto’s first big tax win comes with a catch for stakers and everyday payments

  Crypto tax win leaves staker liability unresolved

• HIP-3 reaches 50% of Hyperliquid perp volume as RWA trading surges

  Dragonfly Capital's Haseeb Qureshi argues that institutional compliance requirements will require multiple specialized blockchains rather than a single winner.

• CFTC grants developers relief from broker registration

  The move expands a previous ruling for Phantom into a wider framework for software tools connecting users to regulated derivatives markets.

• Aave founder pushes DeFi Uber strategy after CLARITY vote

  Stani Kulechov proposed an adoption path for DeFi 46 minutes after the Senate rejected cloture on the CLARITY Act.

• Splash patch closes exploit but OADA holders still lack exit path

  The validator fix stops the documented attack, but the drained pool remains without ADA liquidity or redemption, leaving OADA holders trapped.

• FCA Visits Three London Sites in Second P2P Crypto Sweep

  The FCA, HMRC and Met Police issued cease and desist letters at three premises on September 10, with no registered P2P crypto businesses operating in the UK.

• FCA orders traders to shut down three illegal crypto trading hubs in London

  The regulator, acting with police and tax authorities, issued cease-and-desist letters to stop unregistered peer-to-peer businesses.

• World launches World Money app in 150 countries

  The self-custodial app supports eight currencies, adds Stripe and Kalshi integrations, and uses World ID for boosted rewards.

• SEC roundtable covers 24-hour trading and tokenized securities

  The agency discussed extending market hours to a 24/7 schedule just one hour after approving an exemption for tokenized securities trading.

• Senate fails to advance Clarity Act, U.S. crypto stocks slide 10%

  Coinbase and Circle shares fell 10% after Tuesday's vote, leaving the industry without a federal framework and awaiting SEC and CFTC rulemaking.

• House panel locks in 20-year floor for federal Bitcoin

  The Financial Services Committee cleared the American Reserve Modernization Act with a 28-21 vote, mandating that seized or acquired coins remain frozen for two decades.

• S&P Global to acquire OpenZeppelin in onchain security deal

  S&P Global agreed to buy the smart contract security firm on Thursday, expanding its risk assessment into the onchain layer while terms remain undisclosed.

• S&P Global Agrees to Acquire OpenZeppelin in Digital Asset Expansion

  The roughly $120 billion company will integrate the smart-contract security firm to extend its risk analysis to onchain technology, according to CoinDesk.