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The Polylog Crypto Intelligence Brief

Morning Edition · Sunday, August 2, 2026Published at 1:31 AM EDT · New York

SEC Reopens Nasdaq Bitcoin Options Approval as CME Argues the Contracts Belong to the CFTC

The challenge revives the unresolved question of whether bitcoin is a commodity or a security, and which regulator controls the fast-growing market for crypto derivatives.

SEC Reopens Nasdaq Bitcoin Options Approval as CME Argues the Contracts Belong to the CFTC

The U.S. Securities and Exchange Commission (SEC) will review its approval of bitcoin options on Nasdaq after a challenge from CME Group, the derivatives exchange operator. CME's argument is about jurisdiction. Because bitcoin is a commodit…

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Regulatory Perimeter for Crypto Hardens in EU and US

Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.