StablecoinsSony Bank Wins OCC Approval for Dollar Stablecoin
The OCC gave Sony Bank preliminary approval to issue a dollar stablecoin via trust Connectia Trust with $40 million in capital, targeting a 2027 launch.
StablecoinsThe OCC gave Sony Bank preliminary approval to issue a dollar stablecoin via trust Connectia Trust with $40 million in capital, targeting a 2027 launch.
InstitutionalSwift launched a blockchain ledger for a tokenized deposit pilot with 17 banks, including HSBC, Citi, and UBS. Here's how it works and why it matters.
TechnologyBNB Chain is building a new network for high-frequency trading and AI agents, targeting over 100,000 transactions per second.
InstitutionalParadigm raised $1.2 billion for its fourth fund, officially expanding beyond blockchain into AI and robotics for the first time.
RegulationPayward, Kraken's parent, won a $22M arbitration against auditor Mazars USA, which abandoned its 2022 audit. The company ties it to Operation Chokepoint 2.0.
InstitutionalVanguard, manager of $12.5 trillion in assets, posts a head of digital assets role covering tokenization, stablecoins and custody after years resisting crypto.
MarketsBitcoin and Ethereum dropped over 2% after new US and Iran airstrikes. Crypto markets logged $450 million in liquidations within 24 hours.
RegulationThe SEC updated its agenda: the long-promised Regulation Crypto proposal with exemptions for crypto startups is set for public comment in July 2026.
InstitutionalTether invested $20 million in Mercado Bitcoin's funding round to expand payments, tokenization, and lending across Latin America.