Circle Secures OCC Approval for National Trust Bank to Custody USDC and Digital Assets
[ad_1] A leading stablecoin issuer has secured federal approval to launch a dedicated trust bank for digital asset custody services. Circle Internet Group says it has received final approval from the U.S. Office of the Comptroller of the Currency to establish First National Digital Currency Bank, N.A., operating as Circle National Trust. The new institution […]
Ripple CEO Sets May Timeline For CLARITY Act Approval Amid Stablecoin Yield Debate
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Congress returned from the Easter recess on Monday, and Ripple CEO Brad Garlinghouse used the moment to sound notably more confident about the CLARITY Act—the anticipated crypto market structure bill that has been stuck for months. In recent remarks, Garlinghouse pointed […]
US Community Banks Push Back on Coinbase Trust Charter Approval
[ad_1] The Independent Community Bankers of America has opposed the Office of the Comptroller of the Currency’s (OCC) conditional approval of Coinbase’s national trust bank charter, warning the application falls short of regulatory standards and could pose risks to consumers and the financial system. On Thursday, ICBA said Coinbase’s application shows deficiencies in risk controls, […]
Kalshi Lands Margin Trading Approval and ARK Invest Partnership in Wall Street Push
[ad_1] Kalshi secured margin trading approval through affiliate Kinetic Markets LLC and announced an ARK Invest research partnership in the same week, completing the federal infrastructure for institutional-scale prediction market trading. In 48 hours, Kalshi announced a formal research partnership with ARK Invest and secured NFA registration as a futures commission merchant through affiliate Kinetic […]
Crypto Theft Drops in February as Phishing and Wallet Approval Scams Rise
[ad_1] Crypto-related hacks declined sharply in February, but attackers are increasingly targeting users through phishing campaigns and malicious wallet approvals — a shift suggesting they are focusing more on exploiting human behavior than on vulnerabilities in smart contracts. According to Nominis’ monthly report, roughly $49 million was lost to crypto-related exploits in February. A single […]
Smarkets Latest Sports Betting Exchange to Seek CFTC Approval for Prediction Markets
[ad_1] U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S. London-based betting exchange operator Smarkets has taken a formal step toward launching a federally regulated prediction market platform in the United States. A new filing posted to the Commodity Futures Trading Commission’s industry portal on March 4 shows Smarkets […]
XRP ETFs Set to Launch Without SEC Approval, Could This Trigger a Massive Price Breakout?
[ad_1] Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Ad Disclosure The Depository Belief & Clearing Company (DTCC) has formally listed 9 XRP ETFs, signaling that institutional urge for food for Ripple’s native token is accelerating. The listings embrace each futures-based and spot-based merchandise, suggesting that the primary U.S. spot XRP […]