WATCH · SEC / TRUMP / USA

Laws, licenses, and the names that move CRO.

Clarity died in the Senate. Nadex cleared Form 1-N. The Trump DAT is dead. Two Cronos votes are on the board today. This page is the ledger.

  1. Blocked

    Digital Asset Market Clarity Act (H.R. 3633)

    Senate cloture on the motion to proceed failed 49–50 on 15 September 2026. No Democrat voted yes. Moran, Collins, Hawley and Tillis also voted no; Tillis switched to preserve a motion to reconsider. House passed 294–134 in July 2025. Midterms now dominate the calendar.

    USA / LawSECTrump
  2. Authorized

    Nadex Form 1-N — security futures

    North American Derivatives Exchange filed Form 1-N on 14 September. SEC acknowledgment made the notice registration effective. Nadex already holds CFTC DCM and DCO status. Filing exhibit names cash-settled futures on names such as AAPL, AMD, AMZN, GOOGL, META, MSFT, MU, NVDA, TSLA and SpaceX.

    SECOG.comUSA / Law
  3. Pending

    U.S. single-stock perpetual futures

    Separate from dated futures. Kris Marszalek said Crypto.com is working with both the SEC and CFTC to offer stock perps in the U.S. No product-level approval or launch date is public.

    SECOG.comUSA / Law
  4. Ended

    Trump Media Group CRO Strategy (DAT + ETF)

    Terminated 7 August 2026 by Trump Media, Crypto.com and Yorkville Acquisition. The package had included $1B of CRO, $200M cash, warrants and a $5B credit line. Unwound amid ethics pressure on Trump family crypto businesses.

    TrumpCrypto.comCronos
  5. Live

    SEC five-year exemption path for tokenized stock trading

    On 17 September the SEC rolled out a five-year exemption framework for tokenized stock trading after Clarity failed. This is agency process, not a statute. Watch how it interacts with OG.com’s security-futures register.

    SECUSA / Law
  6. Live

    Robinhood × Crypto.com × OG.com event contracts

    Reported 8 September: Robinhood to route a slice of yes-or-no / prediction contracts through OG.com, starting with football markets. Ties the family into U.S. prediction-market distribution.

    OG.comCrypto.comUSA / Law
  7. Live

    Citadel Securities $400M into Crypto.com

    Reported 16 July 2026: Citadel Securities invested $400 million at a $20 billion valuation. Context for why U.S. market-structure and derivatives licenses matter to this desk.

    Crypto.comUSA / Law
  8. Voting

    Cronos Labs strategy proposal — 100% revenue to CRO buy-and-burn

    Posted to Cronos POS governance 18 September. If it fails, Cronos Labs says it does not proceed with that rule. Operating costs would stay on existing capital either way.

    CronosUlt
  9. Voting

    Community pool proposal — burn ~228M CRO

    Fifth community burn, plus a rule to burn the pool as it accrues going forward. Separate ballot from the strategy vote. About 200M CRO is already burned forever.

    Cronos