Regulatory moves in the U.S. and fresh activity in markets and on-chain made for a busy day in crypto: the SEC proposed a new rule to enable certain digital-asset capital raises without full registration, Ripple announced another South Korean banking partnership to speed cross-border payments, and a long-dormant Solana trading wallet re-entered the market with a multi-million dollar purchase.
SEC proposes ‘Regulation Crypto Assets’ to enable smaller offerings
The U.S. Securities and Exchange Commission put forward a proposed rule called “Regulation Crypto Assets,” described by the agency as a customized offering regime intended to facilitate capital raising in digital assets while Congress remains stalled on the CLARITY Act. The proposal includes a “startup” exemption that would allow offerings of up to $5 million to proceed without registration for four years, and a separate “fundraising” exemption for offerings up to $75 million valid for one year. The SEC opened a 60‑day comment period on the proposal. White House crypto adviser Patrick Witt said the administration is giving Congress every opportunity to pass legislation before acting unilaterally.
Ripple inks partnership with Jeonbuk Bank for instant cross‑border payments
Ripple announced a partnership with South Korea’s Jeonbuk Bank to develop Ripple Payments, a service aimed at 24/7 cross‑border settlement in seconds to minutes rather than the multi‑day settlement times associated with traditional correspondent systems. This deal is Ripple’s third partnership in South Korea this year, following agreements with Kyobo Life Insurance and Kbank in April. The announcement comes amid signs of contraction in the local crypto sector: major domestic exchanges Upbit and Bithumb reported near‑50% revenue declines in the first half of 2026.
Solana whale resurfaces with a $3.6M buy after two years idle
Blockchain tracker Lookonchain identified a wallet that had generated more than $20 million from Solana trading in 2023 and that has now become active again after around two years of inactivity. The wallet purchased 47,535 SOL for about $3.6 million. Previously, in 2023 the same wallet had bought 291,790 SOL for $6.82 million at an average price of $23.37 and later sold most of that holding for $24.62 million at an average sale price near $128.36. With the recent purchase, the wallet’s position is roughly 147,535 SOL, valued at about $11.1 million at a trading level near $75, a token price cited as down 39% year‑to‑date.
Context: what these developments mean for markets and participants
The SEC proposal signals a regulatory agency prepared to create tailored pathways for crypto capital formation while legislative efforts lag. A startup exemption and a larger one‑year fundraising limit would allow some issuers to avoid full registration under specified caps and timeframes. Meanwhile, partnerships like Ripple’s continue to focus on faster cross‑border settlement using blockchain rails; for readers unfamiliar, Ripple is a company that builds payment infrastructure intended to move money between jurisdictions more quickly than traditional correspondent banking networks. On‑chain activity, such as the reappearance of a previously successful Solana trader, shows private investors and traders continue to reallocate capital in response to price moves and broader market conditions.
Day in brief and closing note
Today’s headlines underscore a split dynamic: regulators moving to set frameworks while markets and private actors pursue deals and trading opportunities. Comments on the SEC proposal are open for 60 days, Ripple’s regional expansion continues amid a softening local exchange market, and notable traders remain active on Solana despite year‑to‑date price declines. This article is purely informative and not investment advice; CRYPTO NEWS notes it may have a financial relationship with entities mentioned and includes a production warning about possible transcription errors.