Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn’t address slowing USDC …
Bank
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Markets
Circle Secures OCC Approval for National Trust Bank to Custody USDC and Digital Assets
by shayaanby shayaanA leading stablecoin issuer has secured federal approval to launch a dedicated trust bank for digital asset custody services. Circle Internet Group …
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Regulation
Interpol Operation Nets 5,811 Arrests and $293,000,000 in Global Bank Scam Bust
by shayaanby shayaanLaw enforcement agencies worldwide have arrested thousands and frozen hundreds of millions in assets tied to bank-related fraud schemes. The International Criminal …
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Markets
Circle soars after securing U.S. trust bank approval in crypto expansion
by shayaanby shayaanThe approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial …
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For years, institutional investors have looked at Ethereum staking from a distance — attracted by the yields, but held back by the …
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Kraken’s focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans. www.coindesk.com
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Finance
Bank adoption of stablecoins is no longer a debate — it’s a $59T race
by shayaanby shayaanThe debate inside global banking about stablecoins is effectively over. The question was never really settled through argument — it was settled …
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Regulation
Why Brazil’s Central Bank Wants to Classify Stablecoins as Electronic Monetary Instruments
by shayaanby shayaanCentral Bank of Brazil pushes for electronic money regulation for stablecoins The debate around stablecoins is taking shape in Brazil, and the …
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Regulation
Kazakhstan’s central bank issue first license for crypto exchange operations
by shayaanby shayaanThe central bank of Kazakhstan has issued its first license for crypto exchange operations under the country’s recently updated legislation for digital …
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Finance
Russia on track for digital ruble rollout on Sept. 1: Central bank governor
by shayaanby shayaanRussia’s central bank governor, Elvira Nabiullina, confirmed that the country was prepared to roll out its central bank digital currency (CBDC) in …