Crypto RADAR

The House Ways and Means Committee approved H.R. 10357 on Sept. 16 with a 38-5 bipartisan vote, providing tax clarity for digital assets including de minimis exemptions, mark-to-market accounting, and parity with traditional assets.

CFTC issued new guidance allowing regulated firms to use blockchain for official recordkeeping, invest customer funds in tokenized assets like Treasuries, and use certain cryptos as collateral, advancing onchain finance integration.

SEC Division of Corporation Finance released updated FAQs on Sept. 25 detailing when crypto assets qualify as securities under the Howey test, emphasizing functionality, decentralization, and issuer promises for clearer application.

The Digital Asset Market Clarity Act failed to advance in the Senate on a 49-50 cloture vote, stalling comprehensive market structure reform despite prior committee progress and updated drafts.

SEC provided targeted exemptions under Section 36(a)(1) for tokenized NMS stock venues and liquidity providers, enabling secondary trading of tokenized equities with specific guardrails and public comment period.

Anonymous team extracted $17M+ from 10K PFP NFT mint with zero utility, governance, or ecosystem delivery; 10% team allocation and royalties captured most value.

Another 10K PFP collection raised $17M+ and retired the team on a different chain with zero utility after high mint costs and allocations.

Recovered $275K but ghosted on reward share; multiple recent rugs of ~$100K total by people helped since June 2026.