RIA digital-asset regulatory change ledger
Which authority changed what, for whom, on what date, and what an advisor must do next.
CFTC staff expands crypto and blockchain FAQs to tokenized investments and recordkeeping
CFTC staff updated its nonbinding crypto-asset and blockchain FAQs to address when customer funds may be invested in tokenized forms of permitted investments and how blockchain technologies may be used to satisfy…
CFTC staff broadens registration relief for passive derivatives-trading software providers
CFTC Market Participants Division staff extended to all qualifying passive software providers a conditional no-action position previously available only to Phantom Technologies.
FinCEN identifies digital-asset patterns in Iran-related whistleblower bulletin
FinCEN issued an Iran-related whistleblower bulletin identifying digital-asset patterns that may indicate sanctions evasion or terrorist financing.
FinCEN issues digital-asset scam-center indicators and reporting instructions
FinCEN issued FIN-2026-Alert005, supplementing its 2023 digital-asset investment scam alert with scam-center laundering indicators and specific reporting instructions.
SEC staff lets Franklin funds hold on-chain money-fund shares with their affiliated transfer agent as custodian
On August 12, 2026 the Investment Management staff said it would not recommend enforcement action under Investment Company Act Section 17(f) and Rule 17f-2 if Franklin-family registered funds hold shares of the…
CFTC staff permits temporary conversion of existing contracts into true digital-commodity perpetual futures
CFTC staff provided temporary no-action relief allowing designated contract markets to remove expiration dates from certain existing digital-commodity perpetual-style futures while open interest existed, subject to…
CFTC staff grants time-limited dormancy relief to Cboe Digital Exchange
CFTC market-oversight staff granted Cboe Digital Exchange time-limited no-action relief from specified registered-entity dormancy framework provisions.
CFTC staff classifies specified foreign crypto perpetuals and permits conditional margin transfers
CFTC staff interpreted specified Deribit perpetuals as foreign futures and granted conditional relief for FCM transfers of customer digital commodities and payment stablecoins to a foreign broker as margin under a…
CFTC staff sets expectations for 24/7 trading, clearing, and settlement
CFTC staff issued an advisory on operational, financial-resource, risk-management, surveillance, resilience, staffing, maintenance, customer-protection, and coordination obligations for continuous markets.
CFTC replaces its enforcement cooperation policy with a defined path to declination
The CFTC Division of Enforcement replaced all prior cooperation advisories, including the February 2025 matrix-based self-reporting, cooperation and remediation policy.
SEC staff provides a conditional broker-registration path for self-custodial crypto interfaces
Trading and Markets staff provided a conditional no-objection framework for specified software interfaces that help users prepare and route self-custodial crypto-asset securities transactions.
Treasury opens cyber-threat information sharing to eligible digital-asset firms
Treasury launched an OCCIP initiative providing eligible U.S. digital-asset firms and industry organizations timely cyber-threat information used by traditional financial institutions.
CFTC staff publishes FAQs for registrant crypto and blockchain activities
CFTC staff published implementation FAQs addressing registered-entity and registrant use of crypto assets and blockchain technology, with particular focus on tokenized collateral and digital-asset margin.
CFTC staff grants conditional registration relief for self-custodial wallet software
CFTC market-participant staff granted a conditional no-action position from introducing-broker and associated-person registration for a self-custodial wallet software provider facilitating trading with registered…
SEC issues Commission-level interpretation for crypto-asset status and transactions
The Commission issued an effective interpretive release describing its treatment of specified crypto-asset categories and transactions, while the CFTC stated how it would administer the Commodity Exchange Act…
Banking agencies clarify capital treatment of tokenized securities
The federal banking agencies clarified that tokenization does not by itself change the regulatory-capital treatment of a security;
SEC trading staff expands crypto and distributed-ledger FAQs for intermediaries
Trading and Markets staff published crypto and distributed-ledger FAQs in May 2025, expanded them in December 2025, and added a payment-stablecoin net-capital position on February 19, 2026.
CFTC staff permits conditional use of specified digital assets as FCM margin collateral
CFTC staff provided a conditional no-action position for FCMs accepting specified payment stablecoins and other non-security digital assets as margin collateral and recognizing their value for identified capital and…
NFA adds filings for FCMs accepting digital assets as margin collateral
NFA announced new filing obligations for futures commission merchants that accept non-securities digital assets as margin collateral.
SEC trading staff states conditions for broker-dealer possession of crypto-asset securities
Trading and Markets staff described a conditional path for broker-dealers to deem themselves in physical possession of customer crypto-asset securities, including network assessment, private-key controls, incident…
CFTC withdraws its retail digital-asset commodity-transaction guidance
The CFTC withdrew its 2020 interpretive guidance on actual delivery for retail commodity transactions involving certain digital assets, removing that guidance as the Commission reconsidered its approach.
SEC trading staff grants conditional no-action relief for DTC tokenization services pilot
Trading and Markets staff provided conditional no-action relief for DTC to develop and launch a limited voluntary tokenization service for eligible security entitlements held by DTC participants.
FINRA’s 2026 oversight report updates crypto supervision and communications findings
FINRA updated its annual examination and compliance observations for member firms with crypto-asset activity, emphasizing supervision, public communications, due diligence, AML, associated-person activity…
OCC permits banks to hold limited crypto as principal for network fees and testing
The OCC confirmed that national banks may hold limited amounts of crypto assets on balance sheet to pay blockchain network fees for permissible activities and to test permissible platforms.
NYDFS updates virtual-currency custody and insolvency guidance
NYDFS superseded its 2023 custody guidance with more specific requirements for acceptable subcustodians, subcustody agreements, permissible use of customer assets, disclosure, and preservation of customers’ beneficial…
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.