The CFTC's no-action position is welcome relief for developers and a meaningful step forward. Software that connects users to regulated derivatives venues should be treated as software, not a broker, when it does not hold user assets, generate buy or sell signals, or exercise discretion over how orders are routed or executed. Applying this protection to all similarly situated developers rather than one firm at a time, puts builders on equal footing and saves staff from processing the same request repeatedly. CCI commends @CFTC staff for this practical, technology-neutral approach and looks forward to sharing our expertise as the Commission considers formal rules.

Today, the @SECgov released the much anticipated innovation exemption. Here is what it means: - The framework opens a defined path for compliant onchain trading of certain tokenized securities; - Applies the SEC's established model of providing targeted exemptive relief while considering further regulatory action, the same approach that allowed for ATS innovation and ETF markets to thrive; - Allows tokenized securities trading inside the U.S. rather than pushing it offshore. The SEC is inviting public comment on all aspects of the Innovation Exemption to help inform further changes. This is a welcome step towards onshoring innovation and facilitating tokenized securities trading in the U.S.

Today, our CEO @_jikim joins @amandatums, @codycarbonedc, @summermersinger & @nikhileshde for the panel: The Clarity Vote - What Happened and What Comes Next at the @avax Summit 2026.

CCI commends the House Ways and Means Committee for advancing today's bipartisan markup of the Digital Asset Tax Certainty Act and for its leadership on this important issue. The following is a statement from CCI’s Chief Strategy Officer and Head of U.S. Policy, @amangiero:

🚨 Starting soon - House Ways and Means will mark up the Digital Asset Tax Certainty Act. CCI appreciates @RepJasonSmith, @WaysandMeansGOP, and Committee staff for continuing to advance the conversation around digital asset tax policy. Clear, administrable tax rules benefit taxpayers, businesses, and the government alike by improving compliance and providing greater certainty. Watch:

The markup of the Digital Asset Tax Certainty Act is an important next step following the House Ways and Means Committee’s June 9th hearing. The bill reflects significant work undertaken by the Committee and staff. CCI appreciates the Committee’s continued willingness to engage with stakeholders throughout this process and its commitment to developing durable statutory rules for digital asset taxation. Our letter:

We keep hearing stablecoins will somehow drain bank deposits. The White House @CEA47 dispelled that myth again. The deposit stays in the system, it only moves. Banning yield outright barely helps lending (0.02%!) and costs households ~$800M a year (!). The numbers don't lie. Despite all this, CLARITY 10404 already addresses purported deposit flight risk and now has a "regulatory circuit breaker," letting the Treasury Secretary to initiate a rulemaking if / when such a deposit flight actually occurs. If it's already here (which it clearly isn't), Treasury acts right away, and the circuit breaker addresses this. If it isn't happening, then the concern was never real to begin with. So which is it? Either way, Section 10404 already speaks directly to the concern.

🚨 @WaysandMeansGOP and @RepJasonSmith just announced a markup for Wed, Sept 16 at 10am including the newly released Digital Asset Tax Certainty Act. Clear tax rules are the foundation of compliance, investment, and U.S. competitiveness. CCI is reviewing and looks forward to engaging with members as this process moves forward.

Today, @Crypto_Council and @BlockchainAssn moved for preliminary injunction to block Illinois's Digital Asset Tax Act before it takes effect January 1. Digital asset businesses are forced to spend millions building systems to try to comply with an unlawful and unclear tax, all under the threat of felony criminal penalties. We are asking the Court to stop this unlawful and unprecedented tax before it's too late. Read our joint motion:

Today, @Crypto_Council and @BlockchinAssn filed a lawsuit challenging the State of Illinois’s Digital Asset Tax Act. A statement from CEOs @_jikim and @SummerMersinger follows. Press release:

Illinois Governor Pritzker just signed the most punitive digital asset tax in the country into law. This will create an unprecedented tax regime that disproportionately burdens Illinois residents for simply using digital assets and will drive innovation and builders out of the state. Read CCI’s opposition letter for more.

Today, at the @Vault__Summit, CCI launched the Vault Coalition. Anchored by @galaxyhq and @Morpho, this is a focused industry effort to advance regulatory clarity for vault structures in digital assets. Why did CCI launch this? ⬇️

Clarity advanced out of the Senate Banking Committee by a vote of 15-9. Thank you to Chairman @SenatorTimScott, @BankingGOP, @SenateBanking, and Committee Staff for all of the work and leadership with debating and today’s vote. CCI particularly appreciates all of the Senators who voted in favor of advancing Clarity, including @SenRubenGallego and @Sen_Alsobrooks. Today’s bipartisan vote is a critical step forward that puts the U.S. back in the global race for digital assets. We look forward to working with the full Senate as Clarity now heads to the floor. A statement from our CEO @_jikim follows:

Market structure and tax reform are necessary for comprehensive, durable U.S. leadership in digital assets. Read CCI's full letter to the Ways & Means Committee👇 / end.

Today marks a critical milestone in the Senate Banking Committee - moving the U.S. one step closer to the comprehensive, durable market structure framework. But for the U.S. to lead, it needs both market structure AND a workable tax framework. The House Ways & Means Committee had an important briefing on digital asset tax issues this morning. CCI and our members sent a letter. Key points for @WaysandMeansGOP and @WaysMeansCmte: 🧵