
Crypto Market Daily: CFTC Registers Coinbase Clearing, Glamsterdam Hits Sepolia Oct 6
- —CFTC registers Coinbase Clearing, giving the exchange exchange, broker and clearinghouse licenses
- —SEC: token buybacks without a centralized issuer are not automatically a Howey investment contract
- —Glamsterdam goes live on Sepolia on Oct 6 with PBS, block-level access lists and gas changes
- —MoonPay Korea launches for payments and stablecoin settlement with Woori, KB and KakaoBank
Why it matters: Coinbase brings clearing in-house, while the SEC's buyback guidance cuts regulatory uncertainty for token issuers.
Source: The Crypto Basic