The SEC and the CFTC have released a series of crypto-friendly rules in a short time. They did it right after a cloture vote on the CLARITY bill failed in the Senate. When Congress did not move the bill forward, the two agencies started setting rules for crypto markets themselves.
The first concrete move came two days after that vote. The SEC announced a five-year exemption that lets stock tokens be issued and traded.
A Cointelegraph Magazine piece by Andrew Fenton, published Oct 15, 2026, asks two questions about these rules. Will they hold up if they are challenged in court? Could the people the piece calls the "anti-crypto army" easily reverse them? The text available to us does not include the legal opinion's answer, so both questions are still open here.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, nothing changes directly. The story covers agency rules and a stock-token exemption. It says nothing about perpetual futures, funding rates, trading fees or liquidity on these exchanges.
Source: cointelegraph — Can the SEC and CFTC’s pro-crypto rules be overturned? Legal opinion