Crypto News Round-Up — September 2025

This roundup highlights the latest developments in the cryptocurrency world, from sweeping regulatory changes in the US to major market events and security incidents. We cover key stories that could impact investors and stakeholders in digital assets.

• U.S. SEC Proposes Overhaul of Crypto Regulations
• SEC to Change Crypto Enforcement Tactics
• Gemini Crypto Exchange Raises $425M in U.S. IPO
• Massive Supply-Chain Hack Aimed at Crypto Wallets

U.S. SEC Proposes Overhaul of Crypto Regulations

The U.S. Securities and Exchange Commission (SEC) has unveiled a new regulatory agenda aimed at revamping how it oversees digital assets (Reuters). The proposals include defining clearer rules for the offer and sale of crypto tokens, introducing exemptions and safe harbors for crypto firms, and including cryptocurrencies within existing broker-dealer frameworks. Notably, the SEC is even considering permitting crypto trading on national securities exchanges, signaling a potential shift toward integrating digital assets with traditional finance［2†L0-L7］. The agency says these changes would ease compliance burdens and foster innovation under more predictable rules.

• Could reduce regulatory uncertainty for crypto companies and investors (Reuters).
• Clearer guidelines and safe harbors may spur innovation under defined oversight.
• Allowing crypto trading on exchanges would make digital assets more accessible to mainstream markets.

SEC to Change Crypto Enforcement Tactics

In a Financial Times interview reported by Reuters, SEC Chair Paul Atkins announced a significant shift in the agency’s enforcement approach. Moving away from its previously aggressive stance, the SEC will now notify firms of technical compliance issues before taking punitive action［10†L0-L5］. Atkins criticized the old approach as unpredictable and said the new policy aims to restore market confidence and fairness. He reiterated that most digital tokens are not considered securities, reinforcing a more accommodating posture toward the crypto industry［10†L7-L9］. This change reflects a concerted effort to improve regulatory transparency and due process in the crypto market.

• May lead to fairer treatment of crypto startups by reducing the fear of sudden enforcement (Financial Times).
• Could improve relations between regulators and crypto firms, encouraging compliance and transparency.
• Aims to repair investor confidence by emphasizing due process and predictable enforcement (Reuters).

Gemini Crypto Exchange Raises $425M in U.S. IPO

Bloomberg News reported that Gemini, the cryptocurrency exchange founded by the Winklevoss twins, raised about $425 million in a U.S. initial public offering. The New York-based company sold roughly 15.2 million shares at $28 each on the Nasdaq, above its marketed range. The strong demand for the IPO indicates sustained interest in cryptocurrency platforms among traditional investors (Bloomberg News). Gemini’s public listing underscores how mainstream finance is embracing the crypto sector despite recent market volatility.

• One of the first major crypto exchanges to go public, highlighting digital assets’ ties to Wall Street.
• The capital raise provides funds for Gemini’s growth and new product development.
• Investor enthusiasm suggests confidence in crypto’s long-term adoption, not just short-term token trading.

Massive Supply-Chain Hack Aimed at Crypto Wallets

Cybersecurity researchers have uncovered the largest software supply-chain attack in history, targeting cryptocurrency users. Attackers compromised 18 popular JavaScript libraries used in web browsers and injected malicious code to steal crypto funds (www.tomshardware.com). The scripts silently intercepted crypto wallet transactions and redirected victims’ coins to attacker-controlled accounts. According to the report, the breach was introduced via a phishing email to one of the package maintainers［18†L0-L6］. This incident highlights how even routine software updates can be weaponized to target digital asset holders.

• Highlights serious security risks in open-source software that powers crypto wallets (Tom's Hardware).
• Reminds users and developers to verify code integrity and update practices.
• Underscores need for stronger protections and audits in the crypto ecosystem’s technology.

Cryptocurrency markets remain highly volatile. Recent news can cause sharp price swings. Always conduct your own research (DYOR) and consider the risks carefully before investing.

Bottom Line

This mix of stories shows a maturing crypto space: regulators in the U.S. are moving toward clearer, more business-friendly rules, and major platforms are taking advantage of mainstream financing. At the same time, security vulnerabilities persist and can undermine trust. Investors should keep abreast of policy changes and maintain strong security practices to navigate the evolving landscape safely.