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Markets
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Markets
Rain is seeking a national trust bank charter to bypass third-party banks
by shayaanby shayaanThe stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem …
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Markets
Bringin Opens Euro Business Accounts Built Around Self-Custody Bitcoin
by shayaanby shayaanTL;DR Bringin has opened an invite-only beta of euro business accounts for companies using Bitcoin and stablecoins. Businesses get a named euro …
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Markets
U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed
by shayaanby shayaanWallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham. www.coindesk.com
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Markets
Solana Foundation Launches Atomic DvP Settlement Tool With JPMorgan Input
by shayaanby shayaanTL;DR The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program for financial institutions. The MIT-licensed tool is designed to …
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Markets
Cardano gives token issuers power to freeze, seize and restrict assets
by shayaanby shayaanThe new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules …
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Markets
Startale Opens Japan Digital Bond Paying Interest And Principal In JPYSC
by shayaanby shayaanTL;DR Startale Japan has opened subscriptions for a one-year digital corporate bond that pays interest and principal in JPYSC. The offering totals …
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Markets
Self-styled 'Godfather' gets 6 years in prison for $37 million Meta fraud scheme
by shayaanby shayaanAdam Iza’s sentence runs concurrently with a 15-year term imposed last month for his role in an attempted bitcoin robbery. www.coindesk.com
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TL;DR Adam Iza, who called himself “The Godfather,” has been sentenced to 78 months in federal prison. Prosecutors said he stole more …
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The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to …