Evening wrap · October 15, 2026
White House Issues Crypto Roadmap, SEC Charges Hex Founder
A presidential task force proposed a new crypto policy framework, while federal regulators brought fraud charges against the creator of Hex.
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White House Task Force Releases Crypto Policy Roadmap
A presidential working group urged Congress to grant the CFTC spot market oversight for non-security digital assets [5]. The task force also recommended banning central bank digital currencies and applying wash-sale tax rules to crypto transactions [5].
- 2
SEC Charges Hex Founder Richard Heart With Fraud
The SEC filed charges alleging Richard Schueler conducted over $1 billion in unregistered offerings of $HEX, $PLS, and $PLSX [4]. Regulators alleged he misappropriated at least $12 million of investor funds for luxury purchases [4].
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Visa Launches Institutional Stablecoin Platform in Beta
Visa initiated private beta testing for a new institutional Wallet-as-a-Service platform [6]. The service initially supports minting, burning, and custody for Open Standard's Open USD [6].
- 4
Securitize Deploys Tokenized US Equities on Solana
Securitize launched fully backed security entitlements for 12 major US stocks on the Solana network, settling in $USDC [7]. The underlying shares cannot be lent out and maintain full economic and voting rights [7].
Numbers
Bitcoin trades at $81,901, while total market capitalization stands at $2.74 trillion alongside a neutral Fear & Greed index reading of 53.
Watch
Congressional movement on spot market legislation based on the CLARITY framework. · Proceedings in the US District Court for the Eastern District of New York regarding the SEC complaint against Richard Heart.
Full text
A presidential task force proposed a new crypto policy framework, while federal regulators brought fraud charges against the creator of Hex.
White House Task Force Releases Crypto Policy Roadmap A presidential working group urged Congress to grant the CFTC spot market oversight for non-security digital assets. The task force also recommended banning central bank digital currencies and applying wash-sale tax rules to crypto transactions.
SEC Charges Hex Founder Richard Heart With Fraud The SEC filed charges alleging Richard Schueler conducted over $1 billion in unregistered offerings of $HEX, $PLS, and $PLSX. Regulators alleged he misappropriated at least $12 million of investor funds for luxury purchases.
Visa Launches Institutional Stablecoin Platform in Beta Visa initiated private beta testing for a new institutional Wallet-as-a-Service platform. The service initially supports minting, burning, and custody for Open Standard's Open USD.
Securitize Deploys Tokenized US Equities on Solana Securitize launched fully backed security entitlements for 12 major US stocks on the Solana network, settling in $USDC. The underlying shares cannot be lent out and maintain full economic and voting rights.
Numbers Bitcoin trades at $81,901, while total market capitalization stands at $2.74 trillion alongside a neutral Fear & Greed index reading of 53.
Watch
- Congressional movement on spot market legislation based on the CLARITY framework.
- Proceedings in the US District Court for the Eastern District of New York regarding the SEC complaint against Richard Heart.
Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.