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.
RegulationReform UK leader Nigel Farage faces two probes: undisclosed gifts from a convicted fraudster and alleged lobbying of the Bank of England for a Tether investor.
RegulationMajor County Sheriffs of America dropped its CLARITY Act opposition. Banking lobby still blocks the Senate vote over stablecoin yield.
StablecoinsRevolut will delist USDT on August 31, 2026 citing regulatory and risk concerns. Purchases stop July 6, deposits stop July 30 ahead of the deadline.
RegulationSen. Kirsten Gillibrand wants to bar the US president and Congress from issuing meme coins after Trump disclosed $1.4 billion in crypto income.
StablecoinsStandard Chartered becomes first G-SIB to offer direct USDC minting and redemption for institutional clients via Circle partnership. Launches in Dubai DIFC.
RegulationTrump's 2025 filing revealed $1.4B in crypto income: $635M from TRUMP memecoin, $588M from World Liberty Financial. Real estate trailed crypto by five to one.
StablecoinsCACEIS launched 20.02M EURXT on Ethereum with ACPR license. First use case: Amundi Money Market Fund. Full MiCA compliance from day one.
RegulationTaiwan passed its first crypto law: VASP licensing by FSC, 100% stablecoin reserves, fines up to NT$100M, and jail terms up to 7 years.