This Week in Crypto Law (October 25, 2026)

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This week, regulators and courts focused on the infrastructure surrounding digital assets: tokenized securities, customer-fund safeguarding, stablecoin competition, and cross-border fraud. The developments below also illustrate the different legal effects of an examination priority, an agreed regulatory sanction, a newly filed civil complaint, and a criminal prosecution. On October 23, the SEC announced its fiscal year 2027 examination priorities .