Bitget Resumes Withdrawals, CFTC Updates Tokenized Investment Rules

Bitget has announced a phased Bitcoin withdrawal restart after a $387.5 million wallet breach. The company plans to resume withdrawals on September 28, with the revised value sent to attacker-controlled addresses adjusted accordingly. This move comes after the company's initial attempt to restart withdrawals was met with issues.

In other news, the Commodity Futures Trading Commission (CFTC) has updated its crypto FAQs to allow tokenized forms of eligible customer-fund investments and blockchain records subject to access safeguards. This change aims to provide clarity and guidance for market participants.

Ethena has also selected Binance for USDe's first tokenized-equity basis trades, pairing bStocks collateral with USDT-denominated equity perpetual shorts. This move is part of Ethena's expansion into tokenized securities.

The Securities and Exchange Commission (SEC) has also clarified its stance on staking receipts and buybacks, setting strict conditions for these activities. Meanwhile, MoonPay has agreed to acquire North Capital, adding regulated private-markets infrastructure to its capabilities.