RIA digital-asset regulatory change ledger
Which authority changed what, for whom, on what date, and what an advisor must do next.
Tenth Circuit affirms Federal Reserve discretion to deny Custodia a master account
A divided Tenth Circuit affirmed judgment against crypto-focused Custodia Bank, holding that federal law did not impose a nondiscretionary duty requiring the Kansas City Fed to provide a master account and that the…
Third Circuit orders the SEC to better explain its denial of Coinbase rulemaking petition
The Third Circuit remanded the SEC’s denial of Coinbase’s petition for crypto-specific rules because the agency had not adequately explained its reasoning.
How to read the ledger
Each entry names its posture: a binding action, a proposal, guidance, enforcement, or a political signal. A speech is not a rule and a bill is not a law. Every entry starts from the primary document and lists what is still open, rather than turning a headline into permission.
Coverage and corrections
The ledger follows the U.S. authorities that matter to registered investment advisers, plus state actions of national weight. A published version never changes. A correction or a changed reading creates a new version at the same address, and every earlier version stays in the JSON ledger.
Educational analysis for financial professionals. Not legal, tax, compliance, or investment advice. Verify current primary sources and consult qualified counsel before implementation.