November 10, 2026

AI / FINTECH / CRYPTO / TECH

Idris Adebayo

Idris writes about stablecoins, custody, and blockchain infrastructure. His coverage explains how these systems work and where users depend on issuers, intermediaries, or network operators.

Latest

Three questions for reading the SEC's May 2025 staking statement: issuer, facts and implications

Protocol staking · Oct 31

SEC Protocol Staking Statement: Scope and Limits

What the SEC staff's May 2025 staking statement covers, why commissioners disagreed and how to read its limits.

A 61-day wash sale window around a sale at a loss, highlighted for stock or securities and left open for crypto held as property.

Wash sale rule · Oct 30

Crypto Wash Sale Rule: Does Section 1091 Apply?

What section 1091 covers, how the IRS classifies digital assets and where Form 1099-DA draws the line.

Three-step diagram showing staking rewards received, dominion and control, then a later disposal as separate tax events

Staking rewards · Oct 29

Crypto Staking Rewards Taxes: How the IRS Rule Works

When staking rewards become income, how fair market value sets the amount and why a later disposal is separate.

Diagram of one universal crypto lot pool splitting into separate wallet and broker accounts, each with its own lots, above a timeline from the January 1, 2025 snapshot to the December 31, 2026 end of broker relief.

Cost basis · Oct 27

Crypto Cost Basis Wallet by Wallet: The IRS Lot Rules

IRS lot rules now apply per wallet or account: the 2025 snapshot, and broker relief that ends December 31, 2026.

Diagram of the House-passed CLARITY Act: the SEC handles token fundraising, including a $50 million yearly sale exemption and mature-blockchain certification, while the CFTC registers digital commodity exchanges, brokers and dealers; status bar shows House passage 294-134, a Senate Banking substitute and a failed 49-50 cloture vote.

CLARITY Act · Oct 26

CLARITY Act Crypto Market Structure: How the SEC and CFTC Split Tokens

The House bill gives token fundraising to the SEC and spot trading to the CFTC. The Senate Banking text differs.

Diagram of the three eligibility routes under the generic listing standards for commodity trusts: trading on an ISG member market, CFTC-regulated futures for at least six months, or 40% exposure in a listed ETF, leading to listing without a product rule filing, while leveraged or inverse products need a separate Section 19(b) filing.

Crypto ETFs · Oct 25

Generic Listing Standards for Crypto ETFs: How the Checklist Works

Since September 2025, exchanges can list qualifying crypto trusts under a published checklist, not a filing per fund.

Chart of New York's 2022 crypto mining moratorium showing that it covered fossil-fuel plants powering proof-of-work miners behind the meter, not grid-powered miners, with a timeline from the 2022 signing to the 2024 end of the pause and the 2025 draft environmental study

Crypto mining · Oct 23

New York's Crypto Mining Moratorium: The 2022 Law and DEC's Study

A two-year air permit pause and a study still in draft: what New York's 2022 mining law covered.

Illustrative customer-only omnibus arrangement: one wallet contains identifiable customer interests, internal records allocate them, and corporate assets remain separate.

NYDFS · Oct 21

NYDFS Crypto Custody Guidance: Wallets and Agreements

Connect the custody agreement with wallets, customer records and any sub-custodian.

Diagram of Form 1099-DA boxes, from token identifier and gross proceeds to cost basis for covered assets, beside a 2025 to 2027 phase-in timeline and items left off the form

Form 1099-DA · Oct 19

Form 1099-DA Explained: What Crypto Brokers Report to the IRS

Who files Form 1099-DA, what each box reports, why cost basis is often blank and what changes for 2026 sales.

Diagram of three routes for listing a coin in New York, Greenlist, self-certification and DFS approval, beside the coin types barred from retail self-certification

NYDFS · Oct 17

NYDFS Coin Listing Policy: Greenlist, Self-Certification, Delisting

How a New York-licensed crypto firm may add a coin: the Greenlist, self-certification and delisting rules.

Diagram of New York's Martin Act: the attorney general's tools under sections 352, 354, 353 and 352-c beside a timeline of crypto cases from 2020 to the 2026 Clarity Act letter

Martin Act · Oct 14

The Martin Act and Crypto: How New York Polices Tokens Without a Crypto Law

How New York's securities and commodities fraud law reaches crypto platforms, from Tether and KuCoin to Gemini Earn.

Diagram comparing the SEC proposal's startup and fundraising exemptions with the two conditions for its investment contract safe harbor

SEC · Oct 11

Regulation Crypto Assets Proposal: Two SEC Exemptions

The SEC proposes a $5M startup route, two fundraising tiers and a conditional safe harbor for crypto contracts.

Two linked tokens representing a tokenized stock

SEC · Oct 9

SEC innovation exemption for tokenized stocks

The SEC relief covers defined DLT venues and conditions. Tokenized stocks remain securities.

Two panels distinguish a crypto asset's characteristics, uses and rights from representations and managerial efforts in its sale.

Explainer · Oct 6

The SEC Crypto Asset Interpretation of 2026, Explained

The March interpretation separates a token's classification from the circumstances of its sale.

Drawing of a courthouse beside a national trust charter document citing 12 CFR 5.20, stamped "In court".

OCC · Oct 4

ICBA Lawsuit Asks Court to Undo the OCC Trust Charter Rule

Community bankers asked a court on October 2 to vacate the OCC rule behind crypto trust charters.

Diagram of the approved structure: first- and second-month futures on bitcoin, ether, gold, silver, crude oil and natural gas feed VS Trust series seeking 3x daily performance, listed on Cboe BZX as Commodity-Based Trust Shares.

SEC · Oct 3

3x Bitcoin ETF Approval: SEC Clears Cboe to List Six Leveraged Funds

An SEC order lets Cboe BZX list 3x Bitcoin and 3x Ether funds from Volatility Shares. No trading date is set.

Diagram of an investment adviser or fund holding client crypto assets through a qualified custodian, a state trust company or, if no custodian is available, self-custody.

SEC · Oct 2

SEC Crypto Custody Proposal Opens a Path for State Trust Companies

Advisers and funds could use state trust companies or, in narrow cases, self-custody. Comments close December 7.

Diagram splitting New York crypto authorization into two routes: a BitLicense under Part 200 and a limited purpose trust charter under the Banking Law.

NYDFS · Oct 2

BitLicense vs Trust Charter: New York's Two Routes for Crypto Firms

BitLicense vs trust charter: both open New York to crypto firms, but only the charter brings fiduciary powers.

Diagram of the New York Department of Financial Services and the Wyoming Division of Banking linked by a memorandum of understanding that shares exam data and licensing reviews.

NYDFS · Oct 2

New York-Wyoming Crypto MOU Sets a Faster Review for Established Firms

The New York-Wyoming crypto MOU shares exam data and speeds licensing for firms with three clean years.

A magnifying glass over a reserve report and its asset composition table.

Stablecoins · Sep 26

How to Read a Stablecoin Reserve Report

A reserve total answers one question. Dates, definitions and the scope of the examination answer several more.