BTC Four-Year Cycle Series 86

Jennifer Jones notified Coinbase Global, Inc. of her retirement decision on September 29, 2026, and the company has initiated a search for a successor. Jennifer Jones will continue to serve as Chief Accounting Officer and Chief Accounting Officer until her successor takes over and cooperate with the handover. Her retirement decision is not due to any differences with the company in terms of operations, policies, or practices.

Custodian banking giant BNY is in talks with Kraken's parent company Payward to collaborate in areas such as digital asset custody, trading, payments, wealth management, and infrastructure. These services will be provided through Payward Services, and negotiations are still ongoing. (Source: Bloomberg)

SEC Chairman Atkins issued a document outlining the roadmap for cryptocurrency regulation, pointing out that the custody provisions of the Investment Advisory Act and the Investment Company Act are lagging behind, and the proposal aims to fill the gap in custody capacity. Atkins has clarified that the SEC regulatory sequence includes ending the use of law enforcement as a substitute for regulation, a no action letter for the DTC securities tokenization pilot in December 2025, a classification standard for tokenized securities in January 2026, registration instructions for tokenized securities trading interface brokers in April, a framework proposal for the issuance of Regulatory Crypto Assets in August, and innovative exemptions, and has announced that more regulatory proposals are on the way. (Source: X account of SEC Chairman Atkins)

On October 1st, the SEC proposed new regulations and amendments to establish a cryptocurrency custody framework for registered investment advisors and regulated funds, revise the requirements of the 1940 Investment Advisers Act and Investment Company Act, allow self custody of cryptocurrency assets under specific circumstances, and include state chartered trust companies as qualified custodians. Chairman Atkins stated that the current rules have not kept up with the pace, and the new regulations will replace the uncertainty brought by the customized custody rules for the old era. (Source: SEC)

Community bankers in the United States are suing for attempting to prevent cryptocurrency companies from obtaining banking licenses, and Circle, Coinbase, and World Liberty Financial are at risk of having their licenses revoked. （Bitcoin Archive）