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At Ripple's conference, he said SEC and CFTC action could fill the gap left by the Clarity Act's failure and curb crypto debanking.
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Zcash (ZEC) co-founder Sean Bowe proposed ending automatic funding for Zcash Community Grants. A draft ZIP would redirect 8% of new ZEC to the Network Sustainability Mechanism until the funding stream expires.
ZCG holds 91,453 ZEC and $8.8 million. Bowe says that is enough for years of spending. The draft has no activation date, requires a network rule change, and funding continues for now.
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A Coinbase vendor is also among reported data leak cases, while CZ urges Binance users to replace SMS with passkeys or authenticator apps and whitelist withdrawal addresses.
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The Lightning Network infrastructure firm will sell shares for about 800 million yen to Pulgur GK and ANAP Lightning Capital, with payment due Nov 2, funding aurora payment infrastructure, hiring and R&D.
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OCC gave final approval to Ripple National Trust Bank, Ripple CEO Brad Garlinghouse said. Conditional approval came on 12 December 2025.
The bank can manage RLUSD stablecoin reserves and custody digital assets for corporate clients, but cannot accept deposits or issue loans. RLUSD remains issued by Standard Custody & Trust Company under NYDFS oversight, with OCC supervision now added. Launch timing was not disclosed.
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OKX and ICE told the SEC on Oct. 4 that they planned onchain trading of tokenized US stocks on X Layer, with issuers given 30 days to opt out.
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He called stablecoins a new tool for dollar dominance and a new buyer of US Treasuries. Bessent said the US will win in digital assets and have a stronger dollar.
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Arthur Hayes, co-founder of BitMEX, proposed a futures market for AI computing in his essay The Trifecta.
It describes Flop, where AI agents pay for computing in FLOP, miners earn tokens for completing tasks, and the network records an hourly compute price.
Users could reserve capacity for up to 30 days through resalable contracts. Miners who fail to deliver would lose their FLOP collateral.
Hayes also proposes quarterly futures and a dollar-settled perpetual contract for hedging and speculation. It is only a concept, not a trading launch, and Hayes leads the project he describes.
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Democrats requested the requirement but voted against the bill, which Lummis says means voting against a fair price for Americans.
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It previously targeted $1.3 million by 2035, citing institutional demand, limited new supply, and 34.3% average annual returns over the next decade.
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