Today in crypto, US exchanges are seeking regulatory approval for a unified crypto fund listing framework; Coinbase and JPMorgan team up to offer crypto access to Chase customers; and Samourai Wallet’s co-founders plan to change their not guilty pleas.
Cboe, NYSE Arca move to streamline crypto ETF listings with SEC rule change request
The Chicago Board Options Exchange (CBOE) has filed a rule change request with the US Securities and Exchange Commission (SEC) to allow crypto fund issuers to list products under a unified framework, potentially removing the need for individual approvals for each new fund.
The filing was highlighted by ETF analyst Nate Geraci, who noted that the proposed rule change could streamline the approval process for crypto exchange-traded funds (ETFs).
If the rule change passes, “issuers wouldn’t have to request specific approval for each crypto ETF as long as it meets certain criteria,” Geraci said.
Geraci said a similar filing was also submitted by the NYSE Arca.
Under current regulations, exchanges are required to file a 19b-4 form for each new crypto ETF offering, initiating a lengthy and often complex review process by the SEC.
The filings came one day after the SEC approved in-kind creations and redemptions for crypto ETFs, bringing the asset class closer in line with traditional fund structures.
JPMorgan to allow crypto purchases with Coinbase
JPMorgan Chase has partnered with crypto exchange Coinbase to introduce crypto integrations to its customers, a step in bridging traditional finance with digital assets.
Coinbase announced Wednesday that Chase credit card holders can use their cards to buy crypto on Coinbase starting this fall. In addition, Coinbase said JPMorgan’s customers will also be able to redeem their Chase Ultimate Rewards Points for USDC (USDC) in 2026.
Coinbase said this will be the first major rewards program redeemable for crypto. “For the first time, points from a major credit card rewards program will be redeemable for crypto rewards,” Coinbase said.
Coinbase also said Chase card users can link their accounts to Coinbase directly. The exchange said this feature, scheduled for 2026, will give users easier ways to buy crypto.
The new integration follows a broader push by JPMorgan into digital assets.
On July 16, JPMorgan CEO Jamie Dimon revealed in an earnings call that the company had plans to be involved in stablecoins. The move was driven by competition with other fintech companies that are trying to replicate traditional financial systems.
“We’re going to be involved in both JPMorgan deposit coin and stablecoins to understand it and be good at it,” Dimon said.
Samourai Wallet co-founders to now plead guilty to US charges
Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill indicated on Tuesday that they will change their not guilty plea to US charges stemming from their involvement in the crypto mixing protocol.
Filings in a New York federal court show Rodriguez and Hill would change their pleas before the court on Wednesday morning. The two had pleaded not guilty and attempted to dismiss charges tied to Samourai Wallet, which prosecutors alleged was an unlicensed money-transmitting business that processed over $2 billion worth of unlawful transactions.
Rodriguez, Samourai’s CEO, and Hill, its chief technology officer, were charged with conspiracy to commit money laundering, which carries a maximum prison sentence of 20 years.
The pair were also charged with operating an unlicensed money-transmitting business, which carries a sentence of five years, meaning they could face a maximum of up to 25 years behind bars.
