October 2026

Part 4 of 4: Digital Assets, Hybrid Licenses, and the Future Regulatory Map

In Part 1 of this series, Fastest Route to Market: Money Transmission Licensing Roadmaps for FinTechs, we explained why many early-stage FinTechs begin by assessing federal Money Services Business registration and state…

  • On Oct. 1, 2026, the U.S. Securities and Exchange Commission (“SEC”) proposed new rules under the Investment Company Act of 1940 (“Investment Company Act”) and amendments to the custody rule under the Investment Advisers Act of 1940 (“Advisers Act”) that would establish a
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