
Musk, SEC Say Fight Over Twitter Share Stockpile May Go to Trial
Musk vs. SEC trial looms over Twitter/X share stockpile dispute. A key securities fraud test for fintech & accounting pros. Stay updated.
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Musk vs. SEC trial looms over Twitter/X share stockpile dispute. A key securities fraud test for fintech & accounting pros. Stay updated.

Fidelity proposes SEC framework changes allowing broker-dealers to custody crypto directly, eliminating the qualified custodian requirement that blocks institutional adoption.

Bipartisan senators signal the CLARITY Act (defining which crypto tokens are securities vs. commodities) is near resolution — with a final vote expected before the August recess.

SEC greenlights Nasdaq's pilot for trading tokenized U.S. equities on blockchain — enabling T+0 settlement, 24/7 trading, and fractional ownership of S&P 500 stocks on-chain.

SEC and CFTC issue joint guidance: most digital assets are commodities (CFTC jurisdiction), not securities — resolving the classification debate that paralyzed crypto innovation for 5 years.

SEC drafts proposal allowing public companies to report semi-annually instead of quarterly — reducing compliance costs 40% but raising concerns about market transparency and information gaps.

SEC and CFTC sign formal MOU on crypto cooperation — establishing joint review process for new digital asset products, shared enforcement data, and coordinated rulemaking to eliminate jurisdictional gaps.

ICE invests $200M in OKX at $25B valuation — signaling that traditional exchange operators view regulated crypto exchanges as essential infrastructure rather than competitive threats.