The U.S. Securities and Exchange Commission has introduced a five-year relief period for onchain stock tokens, specifically excluding synthetic versions from this provision. Simultaneously, the Commodity Futures Trading Commission now permits wallet developers to provide regulated perpetual contracts without the necessity of registering as a broker.
In a separate regulatory development, Nadex, a platform owned by Crypto.com, has completed its registration with the SEC. The process occurred without a formal commission vote, which indicates a potential shift toward more streamlined regulatory procedures for similar entities in the future.
The U.S. Treasury Department has imposed sanctions on the Tehran-based exchange BitBank. The government agency cited the platform's alleged role in facilitating bitcoin transfers to the Iranian Revolutionary Guard Corps as the primary reason for the enforcement action.
