CFTC2026-10-04 06:04:00CFTC chair says crypto rules will keep coming under existing authorityMichael Selig, chair of the U.S. Commodity Futures Trading Commission, said regulators already hold substantial statutory authority under current law and plan to keep issuing crypto-related rules on that basis. He said that while taking part in the president’s digital asset market working group, officials reviewed both existing statutory mandates and powers that could come from legislation. Selig’s remarks point to a regulatory approach that does not wait for an entirely new framework before acting. Instead, agencies are preparing to continue shaping oversight for the crypto sector through authority they already have, while also examining what additional powers legislation could provide. He said the goal is to prepare for the development of new areas in finance tied to digital assets.40
United States2026-10-04 06:04:49CFTC chair says regulators will keep issuing crypto rules under existing authorityMichael Selig, chair of the U.S. Commodity Futures Trading Commission, said regulators already hold substantial authority under current law. He said that while taking part in work tied to the president’s digital asset market working group, officials had examined both statutory authorization and powers that could come from legislation. Based on existing regulatory authority, agencies will continue to roll out rules for the crypto sector, he said, as they prepare for development in what he described as a new area of finance. The remarks point to a regulatory approach that leans on powers already available to agencies rather than waiting solely for new legislation.40
Brazil2026-10-04 05:57:06Brazil election outcome may shape crypto policy as vote nearsBrazil’s presidential election, scheduled for Oct. 4, could influence the direction of crypto policy in what the report described as the world’s top country for crypto adoption. The race pits incumbent President Luiz Inacio Lula da Silva, referred to in the source as Lula, against Flavio Bolsonaro, son of a former president. According to Bitcoin.com News, a Lula victory could bring tighter regulation and stricter compliance requirements for the crypto sector. The report said Brazil’s central bank has already stepped up oversight of exchanges, and a tax on stablecoin transactions, previously put on hold because of the election, could move forward again. By contrast, Flavio Bolsonaro’s position on crypto remains unclear. The report said there is no record showing that he has publicly mentioned cryptocurrencies. It also noted that he had previously defended a person linked to the "Bitcoin Pharaoh" pyramid scheme. The election result is being watched for its potential impact on the country’s next phase of crypto rulemaking.20
Policy Regula2026-10-03 13:00:59Senate stalls Clarity Act, leaving U.S. crypto market structure effort facing a resetA CoinDesk opinion piece by Cato Institute research fellow Ryan Chan-Wei argues that the U.S. Senate’s failure to advance the Digital Asset Market Clarity Act has pushed crypto regulation back down the hill once again. With the midterms approaching, the article says there is no realistic route to revive the 635-page bill before year-end. The measure was designed to create a market structure framework for digital assets by classifying tokens, licensing trading firms, and dividing oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Chan-Wei writes that the bill came closer than prior efforts across four Congresses, but progress is likely to reset when a new Congress is sworn in because key senators behind the legislation, including Cynthia Lummis and Thom Tillis, are retiring. In the author’s view, the bill was not stopped by unresolved market structure questions so much as by ethics concerns, especially the risk of conflicts of interest at the highest levels of government. He argues those concerns could still have been addressed through other legislative channels even if the bill had passed, and says the next Congress should finish the work left undone.20
Atkins2026-10-02 23:19:48Atkins says SEC custody proposal is meant to close gaps for new digital assetsAtkins said current custody provisions under the Investment Advisers Act and the Investment Company Act were written before the internet existed, leaving custody support for newly launched assets trailing by months in some cases. She said the U.S. Securities and Exchange Commission’s custody rule proposal is intended to address that gap. Atkins also outlined the SEC’s crypto-related regulatory actions during the current term, including ending what she described as regulation by enforcement, setting arrangements tied to tokenized securities, proposing a Regulation Crypto Assets issuance framework, and introducing an innovation exemption. She added that more regulatory proposals are on the way.20
SEC2026-10-02 23:19:00Atkins says more SEC crypto rule proposals are on the wayAtkins said the custody provisions in the Investment Advisers Act and the Investment Company Act were written before the internet existed, leaving a gap when new asset types come to market and custody support trails by months. He said the U.S. Securities and Exchange Commission’s custody rule proposal is meant to address that gap. Atkins also outlined the SEC’s crypto-related regulatory agenda during the current term. The list he cited includes ending what he described as regulation by enforcement, setting out arrangements tied to tokenized securities, proposing a Regulation Crypto Assets issuance framework, and introducing an "innovation exemption." He added that more regulatory proposals are still in the pipeline.20
CoinDesk2026-10-02 17:12:48CoinDesk analysis says Jay Clayton could reemerge as a key crypto regulatorA CoinDesk news analysis says former U.S. Securities and Exchange Commission Chairman Jay Clayton may be in line for another influential role touching crypto policy. The report says Clayton, who may be tapped to oversee artificial intelligence work in the Trump administration, carries a contentious record from his time at the SEC. According to CoinDesk, Clayton began the agency’s regulation-by-enforcement approach toward the crypto sector, a stance that remains divisive across the technology and digital-asset industries. The analysis frames that history as central to how the market may view any return to a senior policy role. The piece was written by Jesse Hamilton and edited by Nikhilesh De, and was published on Oct. 2, 2026.20
South Korea c2026-10-02 11:48:35South Korea’s crypto market saw trading volume fall 44% in H1 2026, with market value down to KRW 58.9 trillionA semiannual survey released on Oct. 1 by the Korea Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service found that South Korea’s domestic crypto exchanges posted sharp declines across key metrics in the first half of 2026. The market value of crypto assets on local exchanges fell 33% to KRW 58.9 trillion, while average daily trading volume dropped 44% to KRW 3.1 trillion. Combined operating profit at exchanges plunged 78% to KRW 81.6 billion. The report also showed a shift in user composition. Investors in their 40s became the largest age group, and the number of users holding less than KRW 1 million in assets rose 4% to 8.63 million. The survey covered 26 registered virtual asset service providers. Regulators also flagged risk in smaller tokens. Among 234 tokens traded on only one exchange, 93 had a market capitalization below KRW 100 million. The agencies said those assets face liquidity risk and the potential for extreme price swings. The report added that the maximum drawdown for crypto assets on exchanges reached 69%, above the 55.1% recorded by the KOSPI and the 31.8% seen in the KOSDAQ over the same period.20