The SEC has put tokenization on its examination priorities for fiscal 2027, five weeks after opening a path for tokenized stocks to trade under a new exemption.

New York wants $1.3 billion from NovaTech’s founders, who the state says fled the country, while the promoters’ nearly $6 million in settlements is partly payable through 2030.

JPMorgan says recent SEC, CFTC and OCC moves can draw institutions into crypto, but warns they could be reversed in as little as two years without a market structure law.

US banks are objecting after the OCC kept the GENIUS Act’s ban on issuer-paid stablecoin yield but dropped a presumption against rewards paid through exchanges and other partners.

The OCC has dropped its plan to presume some stablecoin reward deals unlawful, but its final GENIUS Act rule gives older programs no automatic pass either.

Stablecoin purchases can move deposits from local banks to the large banks holding issuer reserves. Community bankers want the SEC to study that shift before finalizing a crypto rule.

Blockworks wants the SEC to make token projects disclose market-maker loans, listing deals and token-paid promotion, but its own voluntary register shows that fewer than one in five records are complete.

Germany’s largest banking group now sells crypto inside its own app, but on DekaBank’s terms. Deka quotes the price, holds the keys and chooses where coins can go, and most Sparkassen customers cannot use the service yet.

Hyperliquid Policy Center has asked the SEC to confirm that a token buyback running on fixed, published rules is not a promise of managerial effort. It wants that to hold even when a company, foundation or other central party still controls the network.

Crypto groups have spent $52.6 million in Ohio’s Senate race, but CLARITY is 11 votes short of 60 and every one of its 49 yes votes in September was Republican.

Thailand’s crypto-ETF rules took effect on October 16, allowing local issuers to establish Bitcoin and Ethereum funds under new requirements for fund management, custody and Stock Exchange of Thailand trading.

Moscow Exchange is targeting December 1 for crypto transactions, but its custody and withdrawal terms have yet to show what customers would actually own.