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Digital Capital Daily

from Private Wealth Daily

The edition as it went to readers: 5 stories.

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The lead

Metaplanet sold 10,000 bitcoin and bought 11,000, ending the third quarter at 44,000

The Japanese treasury company held the sale proceeds in cash to show it could cover interest-bearing debt before repurchasing at higher prices, CoinDesk reported.

Custody & Infrastructure

Payward and Singapore Gulf Bank launch 24/7 dollar settlement for institutional crypto

The service starts with U.S. dollar transactions for select clients in eligible Asian and Gulf jurisdictions.

Tokenization

OKXICE venture tells SEC it plans 24/7 tokenized U.S. stock venue

The venue would open with more than 60 U.S.-listed companies, under an SEC exemption that gives issuers 30 days to object and runs five years.

Regulation

Nov. 3 midterms will decide SEC oversight and crypto's tax bills

CoinDesk's State of Crypto reads the House as likely to flip and the Senate as a tossup, with two tax bills and agency rulemaking the near-term tracks.

Regulation

Senate rejects Clarity Act 49-50; KBW says crypto M&A trajectory holds

The market-structure bill was short of the 60 needed to advance on Sept. 15, leaving SEC exemptions and a custody proposal as the rulebook dealmakers are underwriting.

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