The SEC's Division of Investment Management issued a no-action letter on August 12, 2026, allowing Franklin Templeton's registered funds to invest in its blockchain-based BENJI money market fund without meeting certain 1940 Act physical-custody requirements. The decision, citing a 1992 precedent, provides a regulatory template for onchain cash management within traditional registered-fund structures.

SafePal disclosed a hardware wallet data breach affecting 39,798 customers' names, addresses, and order details — with no keys or funds exposed. The incident reveals a structural blind spot across the crypto hardware wallet market that the industry has consistently under-prioritized.

The Blockchain Association has filed an amicus brief at the Supreme Court backing Custodia Bank's challenge to the Federal Reserve's denial of a Fed master account — a case that could determine whether crypto-focused banks can access core U.S. payment infrastructure. The petition tests whether the Monetary Control Act's mandatory language leaves regional Fed banks any discretion to turn away eligible state-chartered institutions.