Circle wins final OCC approval for U.S. national trust bank
Circle secured final OCC approval for a national trust bank offering regulated digital asset custody and future USDC reserve management....
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Intesa Sanpaolo bought XRP through a trust. How banks actually hold crypto
Italy’s largest bank disclosed an $18 million XRP position, and the interesting part is not the size but the plumbing: the exposure runs through Grayscale’s trust, not through wallets, keys, or even the shiny new ETFs. Bank crypto exposure has…...
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US government seeks equity stakes in AI firms while simultaneously shaping their regulatory future
Government equity in AI firms may lead to conflicts of interest, influencing regulatory decisions and impacting market dynamics and innovation. The post US government seeks equity stakes in AI firms while simultaneously shaping their regulatory future appeared first on Crypto Briefing....
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New Hampshire’s $100M bitcoin bond proposal fails final vote
The rejection highlights the challenges of integrating volatile digital assets into public finance, reflecting broader hesitance in institutional adoption. The post New Hampshire’s $100M bitcoin bond proposal fails final vote appeared first on Crypto Briefing....
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Prediction markets saw over $1.5M in volume on FunPlus Phoenix’s VCT China Stage 2 opener
The surge in prediction market activity highlights the growing intersection of esports and crypto, potentially reshaping betting landscapes. The post Prediction markets saw over $1.5M in volume on FunPlus Phoenix’s VCT China Stage 2 opener appeared first on Crypto Briefing....
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Hamas dissolves government, transfers power to technocratic administration as crypto enforcement legacy lingers
The transition to technocratic governance in Gaza may lead to prolonged regulatory scrutiny on crypto markets, impacting compliance globally. The post Hamas dissolves government, transfers power to technocratic administration as crypto enforcement legacy lingers appeared first on Crypto Briefing....
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Circle Receives Final Green Light to Establish National Trust Bank
The entity behind the second-largest stablecoin announced earlier today that it has secured the necessary license from the US Office of the Comptroller of the Currency (OCC) to launch First National Digital Currency Bank, N.A., which will operate as Circle National Trust. This authorization represents one of the most...
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Crypto defies equity weakness as altcoin optimism builds into the weekend
The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250....
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Bitcoin faces $62K max pain as $1.75B crypto options expire
Bitcoin and Ethereum options worth $1.75B expired as traders favored downside protection and sold short-term calls amid weak momentum....
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Fed officials weigh rate hikes as inflation runs hot at 4.1%
Persistent inflation pressures may force the Fed to prioritize rate hikes over labor market concerns, impacting risk assets and economic growth. The post Fed officials weigh rate hikes as inflation runs hot at 4.1% appeared first on Crypto Briefing....
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