The Commodity Futures Trading Commission (CFTC) has released an advance notice of proposed rulemaking (Rule Making) on two new regimes: Regulation Crypto Asset Transactions (Regulation CTX) and Regulation Crypto Asset Markets (Regulation CAM). Chairman Michael Selig unveiled the proposals in remarks at the Fordham Law Blockchain Regulatory Symposium in New York on 5 October 2026 (the writer was in attendance). The proposals would give crypto exchanges that offer margined, leveraged or...

The Securities and Exchange Commission has proposed new rules addressing how registered investment advisers and regulated funds may custody crypto assets under the federal securities laws. The proposal amends the custody rule under the Investment Advisers Act of 1940 and related provisions of the Investment Company Act, both written decades before a digital asset existed. Advisers and regulated funds, including business development companies, have operated without a compliant custody pathway...

Sam Bankman-Fried has filed a petition for a writ of certiorari with the United States Supreme Court, seeking review of his 2023 conviction on seven counts of wire fraud, conspiracy and money laundering arising from the collapse of FTX, together with the US$11.02 billion forfeiture order that accompanied his 25-year sentence. The petition was filed on 10 September 2026 by Stanford law professor Jeffrey Fisher, and follows a Second Circuit Court of Appeals ruling in June that upheld both the...