Bastion Secures Conditional OCC Approval for US Trust Bank Charter
Summary: Stablecoin infrastructure provider Bastion received preliminary conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter.
Latest News
SBI Group joins dtcpay's $25M Series A to expand stablecoin payments
Summary: Japanese financial conglomerate SBI Group has joined Singapore-based payment company dtcpay as a strategic investor, completing the firm's $25 million Series A funding round.
Coinbase Seeks CFTC Approval for Single-Stock Perps on Apple, Tesla
Summary: Coinbase Derivatives filed with the CFTC to list perpetual futures tracking individual equities like Apple and Nvidia, aiming for a launch later this year.
Coinbase Files With CFTC for US Single-Stock Perpetual Futures
Summary: Coinbase Derivatives filed with the Commodity Futures Trading Commission to list single-stock perpetual futures, aiming to provide US traders 24/5 exposure to equities without owning shares.
CFTC Submits Crypto Market Regulation Plan for White House Review
Summary: The CFTC filed a prerule-stage regulatory action on Sept. 17, signaling agency-led oversight following the Senate's failure to advance the CLARITY Act.
Bitcoin Surges Past $81,000 Despite Clarity Act Block and Fed Rate Hike
Summary: Bitcoin rose nearly 6% to exceed $81,000 on Friday, defying the recent procedural block of the Clarity Act and a Federal Reserve interest rate hike.
CFTC Submits Crypto Rulemaking to White House After Senate Bill Fails
Summary: The CFTC submitted a pre-rule on crypto asset transactions and markets to the White House's OIRA for review, signaling intent to regulate derivatives without waiting for Congress.
VanEck: Bitcoin Community Actively Addressing Quantum Computing Risks
Summary: VanEck’s Matthew Sigel stated that while decentralized governance slows upgrades, the Bitcoin community is actively developing quantum-resistant solutions.
Fed Issues Consent Prohibition Orders Against Three Former Bank Employees
Summary: The Federal Reserve Board executed consent prohibition orders against former employees of Northstar Bank, American Express Travel Related Services Company, Inc., and Regions Bank.
EU MiCA bank crypto providers double to 80, reaching 23% share
Summary: Traditional banks now account for nearly one-quarter of EU MiCA crypto providers after doubling their presence to about 80 firms since late June.
SEC Approves Innovation Exemption for Tokenized Stocks
Summary: The SEC approved an innovation exemption allowing qualifying venues to trade tokenized US stocks on public blockchains without registering as national exchanges.
Microsoft Memo Cited in NYT Suit Warned of AI 'Theft'
Summary: Unsealed court documents from the New York Times lawsuit reveal a 2023 Microsoft memo warning that AI training on news content constituted unprecedented theft.
Dragonfly Partner Proposes Ending Zcash Dev Fund After 2028
Summary: Dragonfly managing partner Haseeb Qureshi proposed winding down the Zcash developer fund after its 2028 expiration, citing risks of politicization as the fund approaches $100 million in value.
HYPE Surges Past $90 as Hyperliquid Introduces Manual Borrowing
Summary: Hyperliquid's native token HYPE reached an all-time high above $90 after the protocol launched manual borrowing, allowing users to supply collateral for stablecoins.
Buffett steps down as Berkshire chairman; son Howard to succeed
Summary: Warren Buffett announced his resignation as chairman of Berkshire Hathaway, effective immediately, with his son Howard assuming the role under a long-standing succession plan.
Bitcoin Fisher Transform Cross Signals Potential Bullish Reversal
Summary: Analyst Willy Woo highlights a fourth-ever bullish cross in Bitcoin's Fisher Transform indicator, suggesting the recent price floor may mark a new macro uptrend.
Dtcpay Secures $25M Series A with SBI Group Backing
Summary: Singapore-based stablecoin payments firm Dtcpay completed a $25 million Series A round, backed by Japanese conglomerate SBI Group to expand its merchant network and digital asset corridor.
Binance Reaffirms EU Commitment After MiCA License Speculation
Summary: Binance declined to comment on reports of European Central Bank intervention in its failed Greek crypto license bid, reaffirming its commitment to operating under the EU’s Markets in Crypto-Assets Regulation.
IOG Warns Users to Avoid YouTube Channel After Suspected AI Hijack
Summary: Input Output Group advised users to avoid its YouTube channel after a suspected AI-manipulated livestream promoted a crypto giveaway scam.
Zcash Targets November for NU7 Upgrade with 25-Second Blocks
Summary: Zcash developers target November 5 for NU7 mainnet activation, reducing block spacing to 25 seconds and integrating the Network Sustainability Mechanism.