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Key Takeaways A number of banking industry groups have challenged Ripple’s and Circle’s bids to obtain bank charters. The groups are asking the OCC to avoid making a major policy shift without a transparent and formal rulemaking process. Share this article Top American banking groups are pressing the OCC to delay action on trust bank … Read more
Ken DiCross is building the infrastructure to connect blockchains, and he’s doing it with AI. The founder of Wire Network, a blockchain interoperability company, DiCross says he uses AI for everything from pitching investors to stress-testing white papers. In this week’s edition of How Do You Use AI?, he explains how it saves him hours … Read more
Tyson Beckford is opening up about the highs and lows of dating as a celebrity. “I have trust issues. I’ve been cheated on,” Tyson, 54, shared during the Sunday, July 13, premiere of Kings Court. “I can give you a couple scenarios. Once, I was dating this girl and I went out of town for … Read more
Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by Circle Internet Group. If approved, the new entity, First National Digital Currency Bank, N.A., would … Read more
Key Takeaways Circle is seeking a national trust bank charter to manage its USDC reserves and offer tokenized asset custody. The move comes as Congress advances stablecoin legislation expected to be signed into law by President Trump. Share this article Circle filed today for a national trust bank charter with the US Office of the … Read more
Invesco and Galaxy Digital have registered a trust in Delaware for a proposed Solana exchange-traded fund, marking one of the introductory steps toward launching a spot Solana exchange-traded fund in the United States. The registration, listed as “Invesco Galaxy Solana Trust,” does not guarantee a listing or approval but allows the firms to move forward … Read more
A day after announcing new AI models designed for U.S. national security applications, Anthropic has appointed a national security expert, Richard Fontaine, to its long-term benefit trust. Anthropic’s long-term benefit trust is a governance mechanism that Anthropic claims helps it promote safety over profit, and which has the power to elect some of the company’s … Read more
CFOs are in a pickle. The efficiency side of their brains wants to incorporate AI, but the risk sides are flashing red. A new survey from Kyriba, a finance AI platform, interviewed 1,000 CFOs and found 96% are prioritizing integrating AI—even though many still have major concerns about doing so. AI often functions like a “black … Read more
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Southeast Asia’s digital economy is booming—but so is its illicit underground. Findings from a recent UN report estimate that scam networks across East and Southeast Asia now generate nearly $40 billion annually. … Read more
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