Author: driver789
Coinbase has received conditional approval from the Office of the Comptroller of the Currency to establish Coinbase National Trust Company, according to a statement from the company. The approval marks a regulatory milestone for Coinbase as it expands its federally supervised custody and market infrastructure operations. The company emphasized that the approval does not authorize it to operate as a commercial bank. Coinbase stated it will not take retail deposits or engage in fractional reserve banking. Instead, the charter is intended to provide federal oversight for its custody business, which the firm says has been a core part of its…
Digital banking platform SoFi Technologies has launched Big Business Banking, a platform that allows companies to manage fiat and crypto transactions within a single regulated system.According to Thursday’s announcement, the offering enables companies to hold deposits, move funds and settle transactions around the clock using either traditional currencies or digital assets, consolidating functions that have typically been split across banks, custodians and crypto service providers.It also introduces support for issuing and redeeming the company’s stablecoin, SoFiUSD, allowing businesses to convert between fiat and onchain assets while keeping reserves within a regulated banking environment.The rollout includes participation from companies such as…
Social media platform X is preparing a new security measure aimed at shutting down a widespread form of crypto phishing that leverages hijacked accounts to promote scam tokens.The company will soon auto-lock any account that mentions cryptocurrency for the first time in its history, according to the company’s Head of Product Nikita Bier. Users will need to go through additional verification before being allowed to post again.Bier said the feature targets the core incentive behind these attacks. “This should kill 99% of the incentive,” he wrote, referring to the current wave of phishing that tricks users into giving up their…
Opinion by: Sebastián Serrano, founder and CEO of Ripio.For much of the past decade, the crypto industry has tried to tokenize niche assets in an attempt to reinvent finance. While creative, this approach has largely missed the core economic truth about where tokenization actually creates value.In these early stages of blockchain adoption, tokenization works best not at the fringes of the economy, but at its center. The industry’s first instinct — to tokenize illiquid assets — was a miscalculation. The most successful tokenization effort involved the most liquid asset in the world (the US dollar) in the form of USD-backed…
The StakeStone (STO) price has surged by over 500% in the past week, drawing attention to the token’s ecosystem. The altcoin’s rally comes ahead of a significant token unlock, which could put selling pressure on the token and drive its price down. Why The StakeStone (STO) Price Is Surging The StakeStone (STO) price has surged by over 500% in the last week amid bullish fundamentals in its ecosystem, as noted by market analyst Neel. One of these developments includes StakeStone’s launch of version 2.0 of its protocol earlier this year. The staking protocol version enables gasless transactions, social login, and…
Donald Trump stepped onto stage on Wednesday night at 9:02pm New York time. A full moon hung overhead, and NASA had just launched Artemis II on a moonshot hours earlier. None of it mattered. Despite a historic night worthy of celebration, Trump brought the national mood – and prices across the world’s capital markets like oil and bitcoin (BTC ($66,337.00 · Live)) – into immediate panic. Within seconds of his opening words, S&P 500 Contracts for Difference (CFDs) started to decline from the index’s 6,588 start at 9:02pm. Half an hour later, the $60 trillion index had lost 1% of…
Tokyo-listed Metaplanet has moved into the top tier of corporate bitcoin holders after acquiring 5,075 BTC during the first quarter of 2026, a purchase valued at roughly $398 million. The company disclosed the acquisition on April 2, confirming the purchases were completed by March 31 at an average price between $78,000 and $79,898 per bitcoin. The latest accumulation brings Metaplanet’s total holdings to 40,177 BTC, pushing it past MARA Holdings, which holds about 38,689 BTC following recent sales tied to debt management. MARA did recently sell 15,133 bitcoin for roughly $1.1 billion between March 4 and March 25 as part…
Arkham flagged a 500 Bitcoin outflow from a wallet it attributes to Riot Platforms on Wednesday, in a possible sale the company had not publicly commented on by publication time.The Bitcoin (BTC) wallet outflow sale comes shortly after Riot posted record 2025 revenue of around $647 million, driven by an increase in Bitcoin mining revenue, and comes amid other recent Bitcoin disposals by large listed miners.Last week, MARA Holdings disclosed that it sold about $1.1 billion worth of Bitcoin in March to repurchase convertible debt at a discount, reflecting similar moves by other public miners who have collectively sold over…
France’s Lightning Stock Exchange, known as Lise, is preparing to host what could become Europe’s first fully onchain stock market debut, a step that brings tokenization into the initial public offering (IPO) process.The Paris-based exchange, approved last year under the EU’s Distributed Ledger Technology (DLT) pilot regime, plans to list French aerospace supplier ST Group on April 9, according to a Thursday press release.ST Group builds composite parts used in aircraft, defense systems and space programs. The company says it has about 59 million euros ($68 million) in potential program revenue over the next decade and aims to scale output…
Treasury’s first proposed GENIUS rule landed on April 1 as a notice of proposed rulemaking. The text inside it builds the operational architecture for US stablecoin governance, addressing which institutions may issue payment stablecoins, under what conditions, and at what scale before federal oversight becomes mandatory. Why this matters: This shifts stablecoins from a fragmented regulatory patchwork toward a nationally coordinated system. For users, it affects how safely dollars can be redeemed and moved. For issuers, it defines whether they can scale independently or must transition into a federal regime as they grow. By defining when a state licensing regime…