This Week in Crypto Law (November 8, 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 brought unusually practical guidance for crypto businesses. The SEC clarified how it analyzes decentralized governance and functional networks, then applied that framework to Canton Coin. The CFTC escalated its position in the state-versus-federal fight over access to regulated markets, while OFAC and the Justice Department highlighted sanctions and custody risks at the point where digital assets meet trusted intermediaries.