adminCircle Hits Regulatory Milestone With NYDFS Trust Charter
In recent developments, the limited trust charter received adds to the OCC approval to establish a National Trust Bank, positioning Circle as one of the most regulated stablecoin issuers in…
BOJ intervenes to defend yen near 160, holds rates steady
In recent developments, the Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention. Looking closer, market participants highlight key drivers such…
Circle receives New York trust charter for subsidiary
In recent developments, the New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Looking closer, market participants highlight key drivers such as…
AMLBot launches AI Tracer for self-service blockchain investigations
In recent developments, crypto forensics company AMLBot launched an AI-enabled tool allowing users with no specialist knowledge to trace their digital assets, even after they are stolen. Looking closer, market…
ECB says digital euro app will exceed EU accessibility standards
In recent developments, the European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro…
New York AG Seeks $36B From Kalshi Over ‘Illegal Gambling’
In recent developments, the CFTC asked a court to stop New York enforcing against the prediction market the day before the state filed. The development has drawn attention from traders…
Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up
In recent developments, plus, BTC is red this morning despite $233M in ETF inflows yesterday; and NY State is trying to shut down Kalshi and seeking $36B in damages Looking…
Coinbase Hits Record 10.3% Market Share Despite $359M Loss
In recent developments, coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even as the exchange posted a $359 million net…
NY Sues Kalshi, Demanding $100K Fine Per Illegal Bet
In recent developments, the lawsuit alleges that Kalshi acted as an unlicensed gambling operator, stressing that prediction markets meet the legal definition of gambling as the outcomes of event contracts…
Citadel buys bulk of Situational Awareness stock portfolio after AI rout: Rep…
In recent developments, situational Awareness retained about $10 billion in assets, including its Anthropic stake, after reportedly selling leveraged public stock positions to Ken Griffin’s Citadel. Looking closer, market participants…