Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Marketing, Strategy, Growth, Design
Navigation and Game Discovery on Platforms Such as Allyspin Casino
March 9, 2026
Modern gaming platforms often contain thousands of titles, making navigation an essential part of the user experience. Allyspin Casino is an example of a platform where structured menus, game categories, and filtering systems help users move through a very large catalogue of digital games. Allyspin includes over 7,500 slot titles, more than 300 jackpot games, over 200 virtual card and table games, and more than 250 live dealer games. It is exactly this variety in which the interface plays a central role in how players discover content.
Category-Based Navigation for Large Game Libraries
One of the main ways platforms organize thousands of games is through clear category structures. Instead of presenting titles in one long list, games are divided into sections such as Top, New, Popular, Exclusive, Megaways, and Bonus Buys.
This approach allows users to quickly filter the catalogue according to their interests. For example, players interested in newly released games can browse the “New” section, while those looking for widely played titles may explore the “Popular” category. Platforms such as Allyspin Casino rely on these types of categories to simplify navigation through extensive libraries.
Visual Browsing and Game Thumbnails
Large gaming platforms often rely heavily on visual browsing. Instead of text-based menus alone, games are displayed through colorful thumbnails that show the theme and design of each title.
Slots with mythology themes, fruit-style machines, or adventure-inspired designs appear side by side, making the discovery process similar to browsing streaming platforms. On this casino platform, games such as mythology-themed slots or colorful arcade-style titles are displayed in grid layouts, allowing users to scan multiple options quickly. This visual organization helps players recognize familiar game styles and decide what to explore next.
Filtering by Game Type and Mechanics
Another important navigation feature is filtering by game mechanics or format. Modern gaming platforms host many different types of games, including:
- video slots
- jackpot slots
- table games such as blackjack or roulette
- instant win games
- live dealer games
Instead of searching manually, users can access these formats through dedicated navigation sections. Allyspin Casino organizes its catalogue with clearly separated menus for slots, live casino games, jackpots, and instant titles. This structure helps players move between different gaming styles without scrolling through unrelated titles.
Discovery Through Providers and Software Studios
Game providers also play a role in discovery. Many players follow specific studios known for particular mechanics or themes.
See: BC Backs VR and Gaming Studios With Tax Credit Boost
Platforms often include provider filters, allowing users to browse games from developers such as Play’n GO, Microgaming, Playtech, or Betsoft. This feature makes it easier to locate familiar titles or explore new releases from trusted studios. On Allyspin Casino, dozens of providers contribute to the catalogue, and filtering by developer becomes another pathway for exploring the platform’s extensive library.
Conclusion
As online game catalogues continue to expand, navigation tools have become as important as the games themselves. Category menus, visual browsing grids, provider filters, and format-based sections all help players explore large collections efficiently. The interface used by this casino illustrates how modern gaming platforms structure their content so users can discover new titles within increasingly large digital game libraries.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Bank Of Canada Signals Open Banking Timing Risk
Mar 5, 2026 | NCFA Fintech Market Insight | Open Banking And Policy And Market Structure
Image: Freepik/Drazen Zigic
Requirements Stage Slows Consumer Driven Banking
On Mar 5 2026, the Bank of Canada made open banking timing comments at an Open Banking Expo highlighting timing and delivery risk. The central bank is still in the requirements stage and it will not commit to a launch date.
“somewhat daunted”
“the information-gathering stage alone will take months.”
In a LinkedIn post, Claire Brownell of The Logic also wrote that Ron Morrow, Executive Director of Payments, Supervision and Oversight, at the bank, “stopped short of confirming” that a 2026 launch is no longer realistic and said the information gathering stage “could take months,” with a clearer timeline only after that work finishes. Canada is still defining how open banking works before it can ship.
Yes, you heard it right. After almost a decade of analyzing, preparing, announcing, and promising the implementation of Consumer-driven Finance (aka Open Banking), the market learns that the bank is still in the information gathering phase.
See: Canada Open Banking Commercialization Roadmap
Requirements work sounds boring, but it sets the rails for everything that follows. It decides which data gets shared, how consent works, how liability lands, how disputes get handled, and what the security bar looks like for every approved participant.
Canada already has a policy target, but the issue is execution speed. Canada's consumer driven banking framework describes open banking as a secure system that lets people and businesses share financial data with approved providers of their choice. Delay keeps Canadians stuck with expensive workarounds for data sharing and money movement like screen scraping.
What This Means For The Market
Firms need clear standards on what data gets shared, how consent works, who is responsible when something goes wrong, and who can join the system. Without that clarity, banks and larger firms delay and smaller firms waste time building for rules that may change.
Delay also changes what gets built. Fintechs keep using screen scraping, password sharing, and one off partnerships because those options work today. That rewards the firms that already control customer access, instead of the firms building safer permission based tools.
See: UK Open Banking Update and Road to Open Finance
Fintechs who have in some cases been waiting years for Open Banking's arrival can continue planning for two tracks. Keep shipping products that work under today’s rails, but design the next version around consumer permissioning, clean audit trails, and repeatable consent. Treat identity, consent, and dispute handling as core product work, not legal add ons. Companies that have these pieces in place will be ready when approval and accreditation rules finally arrive.
The cost of delay is that Canada keeps paying for friction, and Canadian fintechs keep competing with one hand tied behind their back.
Talking Point
If the requirements stage takes months, what needs to change so Canada ships a clear rule set fast enough for fintechs and banks to invest with confidence?
Hopefully this latest timing hiccup will lead to a safer, and more competitive data and payments layer in Canada.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Monzo Spend Recap Backlash Exposes Trust And Tone Risk
Mar 8, 2026 | NCFA Fintech Market Activity | Digital Banking And Data Governance
Monzo Backlash Shows How Not To Use Customer Spending Data
On Mar 7 2026, The Guardian posted that UK challenger bank Monzo is dealing with backlash from Monzo’s Year in review spending recap, a trust issue created by automated personalization. A customer escalated a complaint to the UK Financial Ombudsman Service after the AI recap used mocking language about food spending. The simple truth is banks can use AI to summarize spending, but it should avoid a tone that feels like judgement.
Two examples of the AI lines personalization that didn't sit well with customers after letting AI analyze their spending habits:
“Mainly, you fast fooded.”
“You like your banquets beige and boxed up.”
The customer described the wording as humiliating. The story also makes clear why tone can hurt even when the data is accurate. Spend patterns can reflect disability, illness, caregiving, job loss, stress, or crisis routines. A system that only sees categories and merchants can't understand the exact context. When it adds snark, it fills that context with judgement.
See: Which Fintech Processes Are Most Ready for Agentic AI
Monzo’s response was mixed. They didn't accept the complaint, but they still admitted the tone was wrong for that customer and apologized, and offered £20 as a goodwill payment. That mix reduces immediate heat, but it does not fix the underlying product risk.
“I recognise that in your case, the automated and standardised language we used was inappropriate and caused genuine upset.”
Lessons Learned
The primary lesson here is that personal spending data is too sensitive for automated copy that sounds like judgement.
Opt out doesn't fix a bad default. Banks and fintechs need controls that block mockery, shame, and moral scoring in any automated spending narrative. Teams also need to test outputs against vulnerable scenarios and worst case interpretations, not just average reactions.
See: AI Usage Data Shows Early Labour Market Strain
Complaint handling needs a fast way to learn from these mistakes and force product improvements. A goodwill payment helps one customer, but it does not change the system. Banks and fintechs need escalation that can remove harmful language templates quickly, suppress outputs for affected customers, and pause the feature when tone crosses the line.
Automated spending recaps will continue to grow because customers want clarity and progress tracking. Banks and fintechs should keep recaps factual, let customers choose tone, and treat trust as a product requirement. When a bank speaks about a customer’s money, it needs to speak with care.
Talking Point
When a bank turns transaction history into a narrative, what standard should govern tone, testing for vulnerable scenarios, and escalation when a customer reports harm?
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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How Smart Expense Cards Streamline Moving Day
March 8, 2026
AI Image Moving company using smart expense card
Picture a typical, high-energy moving day. A fully loaded five-ton truck is navigating a tight schedule across provincial lines.
The crew is working against the clock to meet the client at the destination, but the reality of logistics sets in: the truck needs a sudden diesel top-up, there is an unexpected commercial transit fee coming up, and one of the tires desperately needs patching after picking up a nail in a residential cul-de-sac.
Historically, managing these on-the-road expenses has been a major operational headache.
To remain competitive and operationally efficient, logistics businesses need a superior system.
Enter smart expense cards for moving companies, a modern, fintech-backed solution designed to eliminate the friction of on-the-road purchasing.
What Exactly Are Smart Expense Cards?
Smart expense cards are a leap forward from the traditional corporate credit card. Available as both physical plastic and virtual cards (which can be stored in Apple Pay or Google Wallet), they are directly linked to a centralized, cloud-based expense management application.
Unlike old-school corporate cards issued by legacy banks, these modern financial tools do not require personal credit checks for the crew members holding them. They are not tied to the driver’s personal credit score, nor do they give the driver unfettered access to a massive corporate credit line.
Instead, these moving crew corporate cards offer dispatchers and fleet owners granular, real-time control over company funds. Every swipe, tap, or online purchase is immediately registered in the central dashboard, giving management ultimate visibility and the ability to freeze or issue cards with a single click.
The Game-Changing Benefits of Moving Operations
Transitioning to a modern financial infrastructure provides immediate, tangible benefits to the daily operations of a local moving company.
App-Based Spend Control
The defining feature of smart cards is programmable spending. An owner or dispatcher can set exact daily, weekly, or even category-specific spending limits directly from their smartphone. Utilizing Merchant Category Codes (MCCs), a dispatcher can lock a card so that it strictly only works at gas stations, automotive repair shops, or hardware stores. If a crew member attempts to use the card at a restricted location, the transaction is automatically declined, completely eliminating unauthorized spending.
Automated Receipt Tracking
Lost receipts cost businesses thousands of dollars annually in unclaimed tax deductions and wasted administrative hours. Smart cards feature a "snap and upload" mechanism powered by Optical Character Recognition (OCR) technology.
When a driver purchases fuel, they immediately take a photo of the receipt using the card's companion app. The software extracts the date, merchant, tax amount, and total, instantly matching it to the transaction and categorizing it.
Instant Emergency Funding
Moving fleets operate in unpredictable environments. If a truck breaks down in a remote area, waiting for an invoice to be approved or wiring money can cause catastrophic delays. With a smart card system, management can instantly push supplemental funds to a driver's card in seconds.
The driver pays the mechanic, and the move gets back on schedule without anyone having to leave the main office.
Painless Accounting
As a highly effective logistics petty cash alternative, these platforms eliminate manual month-end reconciliations. Smart card software syncs seamlessly through API integrations with major accounting platforms like QuickBooks Online, Xero, and Sage.
Transactions are mapped to the correct general ledger accounts in real-time, saving the back office dozens of hours of manual data entry every month.
Top Smart Card Solutions for Canadian Businesses
For companies operating north of the border, choosing the right Canadian fintech for small business is crucial. Several top-rated platforms have emerged as leaders in fleet management Canada.
- Float - A Canadian spend management platform with corporate cards at the center. It focuses on employee and company spending, with CAD and USD cards, merchant controls, flexible limits, receipt capture, and expense management workflows.
- Loop - A Canadian multi currency business finance platform that includes a corporate card with expense features. Loop fits the smart expense card category, but its strongest angle is cross border and FX efficiency. It emphasizes spending in CAD, USD, EUR, and GBP without FX fees on supported purchases, settling balances by currency, and adding receipt and approval workflows around the card.
- Venn (rebranded from Vault) - A Canadian business banking and finance platform with corporate cards and expense controls. Venn is broader than a pure expense card product. It combines multi currency accounts, corporate cards, instant virtual card creation, individual card controls, currency exchange, and real time spend insights.
Real-World Scenario: A Long-Distance Move in BC
To understand the practical impact, consider a real-world scenario with President Movers.
The Route:
A crew is tasked with driving a fully loaded five-ton truck from Vancouver to Kelowna. This route takes them across the Coquihalla Highway (Highway 5), a stretch of road known for its steep, challenging mountain grades that demand heavy fuel consumption and put immense strain on commercial vehicles.
The Execution:
Halfway through the journey, the truck requires a massive diesel fill-up in Hope. The driver pulls into the commercial cardlock, taps their physical smart card, and fills the tank. While the tank is filling, the driver snaps a photo of the pump receipt via the mobile app.
Later, the crew stops for a quick, pre-approved lunch in Merritt, tapping their virtual cards. Finally, they encounter an unexpected commercial vehicle scale fee.
Throughout this entire journey, the operations manager sitting at the base in Vancouver watches the expenses populate the dashboard in real-time.
There are no frantic phone calls asking for a credit card number, no out-of-pocket expenses for the crew, and no paper receipts to track down at the end of the week.
Conclusion
Modernizing expense management is no longer just a financial upgrade; it is an operational necessity. By replacing outdated petty cash envelopes with smart expense cards, moving companies drastically reduce stress for their crews on the road, save significant administrative costs for the business, and ultimately deliver a more reliable, uninterrupted service to the customer.
See: Implementing Multi-Factor Authentication: Why Smart Cards Should Be Part of Your Strategy
At President Movers, we embrace the latest technology behind the scenes so your move is completely seamless from start to finish. Our commitment to operational efficiency means we spend less time worrying about logistics and more time focusing on safely transporting your belongings. Planning a relocation in British Columbia? Contact us today for a free quote.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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AI Usage Data Shows Early Labour Market Strain
Mar 5, 2026 | NCFA Market Insight | AI And The Future Of Work
Image: Labour market impacts of AI: New measure, early evidence (Anthropic Mar 2026)
Early Signs Of AI Changing Knowledge Work Hiring
On March 5 2026, new Anthropic artificial intelligence labour market impact research | download 17 page PDF offers a more grounded way to think about AI and jobs. Most AI labour studies ask what large language models could do in theory. This one asks what workers actually do with AI now. That sounds like a small change, but it matters. Financial institutions, fintechs, and policymakers need to know where real workflow change starts, not just where capability headlines point.
The paper introduces a new measure called observed exposure. It combines occupational task data, Claude usage data, and earlier research on which tasks language models can theoretically handle. The approach tries to separate technical possibility from real use. That makes this study potentially more useful than other broad forecasts about AI replacing jobs. To be clear, at this point the research doesn't claim mass displacement has arrived. It looks instead for early pressure points that may show up before unemployment spikes.
Why This Research Matters
This report matters because it focuses on real work patterns. The authors use the US O*NET task database, Anthropic Economic Index usage data, and earlier task level exposure estimates to build their measure. They also give more weight to automated and work related uses than to lighter forms of assistance. That helps the study track where AI starts to move from drafting help into actual production work.
See: Why AI Investment Is Missing What Workers Actually Want
That said, the research has real limits, and those limits matter. The usage data comes from Claude, not from the full AI economy. A bank using Microsoft, Google, OpenAI, or internal tools may show a different pattern. The measure also tracks task exposure, not direct job loss. And the authors make clear that adoption still lags capability because of legal controls, software requirements, human review, and workflow friction. That caution strengthens the paper rather than weakening it. It keeps the analysis honest.
AI Can Do More Than Workers Use Today
The most striking findings is the size of the gap between capability and real usage. In STEM (ie. computer and math) occupations, earlier work suggests language models could theoretically touch 94% of tasks. Anthropic’s observed measure puts current Claude coverage in that category at just 33%. In other words, the technology frontier sits much further ahead than the adoption frontier.
That gap matters for fintech and finance because it points to where the real bottleneck sits. The next productivity jump might not come from a bigger, better, faster or smarter model alone. It might come from firms that redesign workflows, tighten controls, connect tools to internal systems, and build trust in output quality. Which operators can close the adoption gap faster than peers.
Programming At The Front Of The Curve
The report finds that computer programmers rank as the most exposed occupation, with 74.5% coverage. Customer service representatives follow at 70.1%, and data entry keyers come next at 67.1%. Digital, repeatable, text heavy work moves first.
See: Fintech Fridays EP55: Global Hiring Trends: How Gen Z Talent Thrives
What stands out for NCFA readers is that this isn't just software engineers. Financial analysts are also among the most exposed occupations in the paper’s wider discussion. That should get the attention of banks, insurers, wealth platforms, lenders, and compliance teams. A lot of value in finance comes from summarizing information, checking documents, explaining options, processing forms, and moving data from one system to another. Those are exactly the kinds of tasks that AI enters early.
Higher Paid Knowledge Work Feels The Pressure First
Workers in the most exposed occupations earn 47% more on average than workers in the unexposed group. People with graduate degrees make up 17.4% of the most exposed group, compared with 4.5% of the unexposed group.
Early pressure is showing up in better paid, more educated, office based roles. In practice, that means AI may alter the work of analysts, developers, researchers, service teams, and operations professionals before it touches many frontline physical jobs. For financial institutions, this points to a management challenge as much as a technology one. Firms need to rethink role design, supervision, training, and quality control inside knowledge work functions.
Younger Workers Show The Earliest Cracks
The research does not find a growing rise in unemployment for workers in the most exposed occupations since late 2022. That is an important result because it pushes back on louder claims that AI already causes wide labour market damage.
But the report does find an early warning sign. For workers aged 22 to 25, job finding rates into highly exposed occupations fall by about 14% compared with 2022 levels. The authors stress that this result is only barely statistically significant and open to other interpretations. So something to watch and track.
This is how labour market change often starts. Not with mass layoffs. Not with an obvious cliff. It starts when firms stop hiring as many junior people because AI now handles part of the routine work those hires once learned on. That's important for banking, fintech, consulting, and other white collar sectors that depend on apprenticeship style career ladders. If entry points narrow, firms may save money in the short run while weakening their future talent pipeline.
What Fintech And Financial Institutions Should Watch
Firms should watch three things closely to better anticipate where the real gap may open between leaders and laggards:
- Where routine document and analysis work starts to compress
- Whether junior hiring weakens in functions that already rely on digital knowledge work
- Which institutions move beyond pilots and actually rebuild operating processes around AI
See: Why Fintechs Are Rebuilding How They Measure Work
For fintech builders, the market needs tools that help institutions safely plug AI into live work. Audit trails, review controls, workflow routing, structured data extraction, policy checking, and role based permissions. Companies that solve those problems help close the distance between AI capability and actual business use and adoption.
In Conclusion
Anthropic’s research is quite useful because it shows where real adoption starts, where the biggest gaps remain, and where the cracks may start to appear and proliferate.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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CIX Summit 2026 Agenda Released Ahead Of Toronto Event
March 5, 2026 | CIX Summit 2026
Image courtesy of CIX, Powered by Elevate, March 25, 2026
CIX Investor Forum, Founder Sessions, Startup Meetings
On March 4, 2026, CIX Summit confirms the 2026 summit agenda now live and tees up the March 25 Toronto event, with NCFA participating as a community partner.
The agenda puts investor founder connection at the center of the day, with an Investor Forum built for candid capital conversations and a Founder Forum focused on fundraising and scaling. It also includes Scale Beyond Borders with Global Affairs Canada and founders sharing practical market entry experience, plus Cracking the VC Code on funding strategies for women founders and how to navigate fundraising in today’s market.
CIX also spotlights this year’s Innovator of the Year fireside chat with Wealthsimple CEO and co founder Mike Katchen
CIX also names 14 Canadian startup award winners for 2026, which helps founders and investors see who CIX is already ranking as standout teams.
Meeting Exchange Opens March 9 At 12:00 PM EST
CIX confirms that on March 9 at 12:00 PM EST Meeting Exchange bookings become open (must be CIX Startup passholder, format is one to one). These meetings are for startups from pre-seed to growth capital, with investor types that include incubators, accelerators, angels, venture funds, corporate venture teams, and debt providers across major tech sectors.
Get Tickets Now for March 25 at Design Exchange, Toronto
NCFA is sharing a 20% community partner discount on CIX Summit passes for its community. Use CIXNCFA20 for 20% off. CIX runs on March 25, 2026 in downtown Toronto. CIX publishes ticket options and event logistics on its official page for CIX Summit 2026 ticket details and March 25 venue information.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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US Crypto Rules To Clarify Onshore Market Structure
Mar 5, 2026 | NCFA Fintech Market Insight | Digital Assets And Policy And Regulation
Tokenized Collateral Perpetuals And Event Contracts Get Rules
On January 29 2026, at the joint SEC CFTC event in Washington titled CFTC SEC Harmonization U.S. Financial Leadership in the Crypto Era.
CFTC Chair Michael S. Selig’s remarks laid out a detailed US policy direction for crypto market structure. The speech goes past broad support for innovation and points to specific rule work on tokenized collateral, perpetual derivatives, software safe harbours, retail leveraged crypto trading, and event contracts.
SEC Chair Paul S. Atkins’ remarks support the same direction from the SEC side, which is part Project Crypto.
“Fragmented regulation in an integrated market is not a safeguard for investors so much as a source of confusion among them.”
That line from Atkins defines the problem. Unclear boundaries change how firms structure products, where they launch, and how much they spend on compliance before they can scale.
“Project Crypto recognizes that crypto markets span across our agencies’ respective regulatory boundaries.”
Selig starts from the point that crypto products don't fit neatly into older lines between agencies. Clearer lines are needed to cut the cost of operating in uncertainty.
1. Tokenized Collateral And Perpetuals Move Into The Rulebook
“I have directed CFTC staff to develop rules to enable the responsible deployment of additional forms of eligible tokenized collateral.”
Eligible collateral is what a trading venue accepts to back positions. It decides how much margin traders need, how fast funds move, and how safely trades settle. If the CFTC allows more tokenized assets to count as eligible collateral, more crypto trading can happen inside regulated U.S. markets, but custody and collateral movement will need tighter controls and clearer proof that assets are protected and available when they are needed.
“The CFTC will use the tools at its disposal to onshore perpetual and other novel derivative products so that they can flourish across both centralized and decentralized markets, subject to appropriate safeguards.”
Perpetuals are a popular kind of crypto futures that many platforms offer outside the U.S. If U.S. rules start allowing them in a regulated way, more trading, market making, and new product builds can move onshore. That would also make it harder for offshore exchanges to keep growing just because the U.S. has no clear legal path today.
2. Software Builders And Multi Product Platforms Get A Clearer Path
“The CFTC will explore ways in which the agency can encourage innovation in software development and support builders as they work toward product market fit, including by assessing whether an innovation exemption may be appropriate in certain circumstances.”
This targets a hard issue in crypto regulation. Wallets, interfaces, and on chain software do not fit cleanly into rules built around centralized intermediaries. If the CFTC creates clearer room for software development and early stage testing, legal uncertainty will be reduced for teams building core infrastructure.
“As part of this harmonization effort, we will examine whether substituted compliance can achieve equivalent or better regulatory outcomes at lower costs for market participants.”
See: Atkins Testimony Targets IPO Burden And Crypto Rules
This is about cost, duplication, and speed. Overlapping requirements can turn compliance into a barrier to entry. Substituted compliance can cut repeated work where two regimes are trying to solve the same control problem.
“Within the bounds of the law and where appropriate, market participants should be able to offer multiple products through a single platform without navigating an inefficient patchwork of registrations and overlapping regulatory regimes.”
This points to a model where firms can run more of their product stack under one platform instead of splitting activity across separate legal and operational silos. That can improve operating leverage for exchanges, brokers, and infrastructure firms that want to offer more than one regulated product. Also see broader SEC direction in Atkins crypto rules testimony.
3. Retail Leveraged Crypto And Event Contracts (eg. Prediction Markets) Get A Reset
“I have directed CFTC staff to begin drafting rules clarifying when leveraged, margined, or financed retail commodity transactions in crypto may be offered off-exchange under an ‘actual delivery’ exception.”
Retail users can already get leveraged crypto in some places, but U.S. rules have left big gaps in what is clearly allowed. If the CFTC writes clearer rules, firms will know which leverage products they can offer, which ones are off limits, and what steps they must follow to stay compliant.
“I have directed CFTC staff to explore the creation of a new category of DCM registration that is tailored specifically to retail leveraged, margined, or financed crypto asset trading.”
This suggests the CFTC may create a new kind of regulated exchange category built specifically for retail leveraged crypto trading. If it does, firms will be able to design products and go to market using a clearer venue rulebook, and exchanges will compete on who can offer the best compliant access and distribution.
“First, I have directed CFTC staff to withdraw the 2024 event contracts rule proposal that would prohibit political and sports-related event contracts and the 2025 staff advisory.”
This removes a major source of uncertainty around prediction markets.
“Second, looking ahead, and in the spirit of markets that trade on expectations, I have directed CFTC staff to move forward with drafting an event contracts rulemaking.”
Withdrawing the old proposal reduces near term uncertainty, but new event contract regulations would spell out which event-based contracts are allowed, what monitoring and controls platforms must run, and how firms can build prediction style products without guessing where the line is.
What This Means For Builders And Investors
These speech commitments point to a practical attempt to aggregate more products, more liquidity, and more infrastructure into regulated US channels. Tokenized collateral, perpetuals, retail leveraged crypto, and event contracts are all in the spotlight with real market share potential. Companies that can meet the bar for custody, risk controls, disclosures, and auditable operations can begin building onshore products more confidentially than they could before.
Also, OCC Issues Rulemaking Notice for Stablecoin Issuance
The CFTC and SEC discussion focuses on market structure, but tokenized collateral and onshore crypto venues still rely on a settlement instrument that can hold up under supervision. That is why the stablecoin perimeter matters.
See: MiCA Vs UK Crypto Rules And Global Fintech Competition
On February 25, 2026, the OCC issued a notice of proposed rulemaking (See: OCC stablecoin NPRM) to implement the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) for payment stablecoin issuance and related activities under OCC jurisdiction, including national banks and their subsidiaries, federal savings associations and their subsidiaries, federal branches and their subsidiaries, and foreign payment stablecoin issuers, along with entities approved as federal qualified payment stablecoin issuers and certain state qualified issuers. The OCC points to a new 12 CFR 15 that covers reserve assets, redemption, risk management, audits and supervision, custody, applications and registrations, examination of foreign issuers, and a capital and operational backstop.
Also, Congress Hits New Impasse On Stablecoin Rules
While the OCC moves ahead with rulemaking under the GENIUS Act, the legislative framework for crypto market structure is still contested in Washington. A Reuters report from March 5, 2026 on the crypto bill impasse in Congress describes renewed disagreement over stablecoin related customer rewards and whether they could draw deposits away from banks. The dispute shows that even as regulators move ahead with rules for trading infrastructure, tokenized collateral, and stablecoin issuance, Congress is still debating how far crypto firms should be allowed to compete with the traditional deposit system.
Talking Point
If the CFTC and SEC push tokenized collateral, perpetuals, and event contracts into regulated channels while the OCC pushes stablecoin issuance into a bank style rulebook, does the next U.S. advantage move to firms that can run both market structure and the cash leg under supervision?
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