The International Organization of Securities Commissions ("IOSCO") found that while tokenization is gaining traction in certain asset classes, its broader market impact remains limited by technological, legal, and infrastructural challenges.

FINRA suspended a broker for borrowing money from customers, providing false information during an examination, and failing to disclose outside accounts.

A firm settled FINRA charges for publishing inaccurate and incomplete quarterly order routing reports and related supervisory failures.

The Bank Policy Institute warned that the Comptroller of the Currency's consideration of an application for a digital-asset trust bank may exceed the agency's statutory authority and extend the national trust charter beyond activities permitted under federal banking law.

The FDIC revised its Consumer Compliance Examination Manual to lengthen examination and Community Reinvestment Act evaluation cycles for most supervised institutions.