# Trenches Today — September 19, 2026

Canonical edition: https://trenchestoday.xyz/editions/2026-09-19
Published: 2026-09-19T05:04:13.065Z
Updated: 2026-09-19T05:04:13.065Z
Edition: 20260919
Revision: 1
Content hash: 2b76bb74f71d3315a8c1a5f21e5eaeb07d756687feb05895318d3c012de4aa55

> The Securities and Exchange Commission issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of exchange under the Securities Exchange Act of 1934.

## Lead story: SEC Issues Innovation Exemption for Tokenized Securities Venues

The Securities and Exchange Commission issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of exchange under the Securities Exchange Act of 1934.

- The SEC granted temporary exemptive relief to Tokenized Securities Venues under the Securities Exchange Act of 1934.

Original source: [sec](https://www.sec.gov/newsroom/press-releases/2026-90-sec-issues-innovation-exemption-facilitate-trading-tokenized-nms-stock-request-comment)

## Complete edition

### Bitcoin

#### Fortitude Names Jaime Leverton CEO Ahead of Nasdaq Deal

Topic: Bitcoin · Signal: rails

Fortitude named former Hut 8 chief Jaime Leverton CEO ahead of a Nasdaq deal.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_07213c749a418d343a37
Original source: [coindesk](https://www.coindesk.com/business/2026/09/17/zcash-miner-fortitude-names-former-hut-8-chief-jaime-leverton-ceo-ahead-of-nasdaq-deal)

#### XRP Gains as Bitcoin Price Rebounds

Topic: Bitcoin · Signal: rails

XRP records gains as Bitcoin rebounds toward higher price levels.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_e82c0ab6c00ebc22c257
Original source: [decrypt](https://decrypt.co/378641/xrp-surges-bitcoin-rebound-reopens-golden-cross)

### DeFi & Stablecoins

#### Circle Launches Arc Mainnet with Major Financial Institutions

Topic: DeFi & Stablecoins · Signal: rails

Circle launched the Arc mainnet with participants such as BlackRock, DTCC, and Visa as validators.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_88a94b3084897cb9491d
Original source: [decrypt](https://decrypt.co/378374/circle-launches-arc-mainnet-with-blackrock-dtcc-and-visa-as-validators)

#### Stablecoin Payments Firm dtcpay Closes $25M Funding Round

Topic: DeFi & Stablecoins · Signal: rails

Stablecoin payments firm dtcpay closed a $25 million funding round with SBI Group backing.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_3c88929c236c73d5f04b
Original source: [cointelegraph](https://cointelegraph.com/news/dtcpay-25m-series-a-sbi-stablecoin-payments)

### Regulation & Policy

#### CFTC Staff Issues No-Action Position for Passive Software Providers

Topic: Regulation & Policy · Signal: rules

CFTC Staff Issued a No-Action Position to Providers of Passive Software.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_938e907acda78846264e
Original source: [cftc](https://www.cftc.gov/PressRoom/PressReleases/9300-26)

### Markets & Macro

#### Bitcoin Traders Brace for Fed Policy Action

Topic: Markets & Macro · Signal: rails

Bitcoin traders brace for Fed policy developments while prices hover around $80,000.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_4ea768a888e667878ee7
Original source: [coindesk](https://www.coindesk.com/markets/2026/09/15/bitcoin-traders-brace-for-fed-hike-but-a-surprise-hold-could-pose-bigger-risk)

### Industry & Other

#### S&P Global Agrees to Acquire OpenZeppelin

Topic: Industry & Other · Signal: rails

S&P Global agreed to acquire blockchain security platform OpenZeppelin.

Edition link: https://trenchestoday.xyz/editions/2026-09-19#story-story_363350bfd18a806568cb
Original source: [the-block](https://www.theblock.co/news/business/2026-09-17-sp-global-agrees-to-acquire-openzeppelin-in-onchain-security-push-415360)

## Corrections

No corrections recorded for this revision.

## Use and attribution

Trenches Today is a source-linked editorial synthesis. Cite the canonical edition URL and retain links to the original reporting when referring to a specific claim.