A US banking regulator is granting preliminary conditional approval to World Liberty Financial’s application for a new national trust bank. The Office of the Comptroller of the Currency says it reviewed the application from the President Trump-backed firm to establish the World Liberty Trust Company, National Association bank for stablecoin operations and digital asset custody. The
The U.S. Department of the Treasury is asking for public comment on the upcoming implementation of new stablecoin rules. The GENIUS Act, signed by US President Donald Trump last year, establishes a regulatory framework for stablecoins, crypto assets pegged to the US dollar. The legislation requires each token to be fully backed by liquid assets
The issuer of the world’s largest stablecoin is completing its first full independent financial statement audit, resulting in an unqualified clean opinion from a major firm. Tether says the audit of Tether International, S.A. de C.V.’s financial statements for the year ended December 31, 2025, was conducted by KPMG U.S. and delivered the highest possible
One of the world’s largest payments networks is opening its cash-to-crypto services to Solana through a single API for compliant conversions. Solana says the service is now live on the blockchain and embedded in the Solana Developer Platform payments module. The integration provides instant API credentials, sandbox access, SDKs, and documentation without requiring any banking
Institutional investors just sold an overall total of $414 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. It marks the first selloff in five weeks amid concerns over the prolonged Iran conflict and higher inflation. The US led the outflows with $445 million. Switzerland recorded minor outflows
The US-based crypto exchange Coinbase has added two little-known crypto assets to its listing roadmap. The exchange says it’s considering adding Diem (DIEM) and Opengradient (OPG) to its platform for spot trading. “The launch of trading for these assets is contingent on market-making support, and sufficient technical infrastructure. We will announce the launch of trading
Crypto entrepreneur Justin Sun says he’s filed a lawsuit against World Liberty Financial, alleging the project improperly froze his tokens and stripped his governance rights. Sun detailed the move in a new post on X. “Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a
Crypto exchange Kraken has announced a global partnership with MoneyGram aimed at making it easier for users to convert digital assets into cash. The collaboration will allow millions of Kraken customers to withdraw crypto as fiat currency across more than 100 countries, leveraging MoneyGram’s extensive global cash pickup network. Users will be able to access
Tether has announced plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in partnership with the Government of Georgia. The announcement marks one of the first efforts to place a national currency directly onto digital asset infrastructure under a purpose-built stablecoin regulatory framework. Tether’s USD? carries a market capitalization approaching $190 billion, with
The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), will