Default avatar
npub1r6s7...xrkh
npub1r6s7...xrkh
📰 Block Applies for OCC Approval to Launch Crypto Custody Bank 🗓️ Sep 10 2026 09:45 UTC - Maisie Morrison Block seeks OCC approval to launch Builders Bank & Trust, a federally chartered bank for Bitcoin and stablecoin custody services. ➤ Block has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter to establish 'Builders Bank & Trust'. ➤ The proposed bank would specialize in custody services for Bitcoin and stablecoins, operating under federal oversight without accepting deposits or offering FDIC insurance. ➤ This move signifies Block's strategic expansion into regulated digital asset services, aiming for a unified federal framework for its custody operations. #block #occ #buildersbanktrust #cryptocustody #bitcoin #stablecoins #nationaltrustbankcharter #digitalassets #leewoolley #federaloversight 🔗 Read more at:
📰 Hyperliquid policy group cites 2 flaws in CME lawsuit 🗓️ Sep 09 2026 15:45 UTC The Hyperliquid Policy Center has asked a federal court to dismiss CME Group’s lawsuit against the CFTC, arguing that the derivatives exchange lacks standing and cannot rely on the Commodity Exchange Act provisions cited in its complaint. Hyperliquid policy group… ➤ The Hyperliquid Policy Center (HPC) has filed an amicus brief supporting the CFTC in its lawsuit against CME Group, arguing CME lacks standing and its claims are outside the Commodity Exchange Act's scope. ➤ HPC contends CME has not demonstrated a competitive injury from the CFTC's approval of Kalshi's Bitcoin perpetual futures contract, suggesting any disadvantage is self-inflicted. ➤ The lawsuit centers on whether perpetual contracts are futures or swaps, with HPC urging dismissal to prevent CME from stifling product development in U.S. derivatives markets. #cmegroup #cftc #hyperliquidpolicycenter #kalshi #bitcoinperpetualfutures #commodityexchangeact #derivativesmarket #amicusbrief #competitorstanding #futuresvsswaps 🔗 Read more at:
📰 The Repricing Nobody Is Modeling 🗓️ Sep 09 2026 16:05 UTC - Ben Lilly It’s prying open the door. And once it opens, it won’t close. ➤ The article discusses the upcoming wave of asset tokenization, drawing parallels to the commodity ETF boom of the early 2000s, highlighting how tokenization will reduce friction and increase liquidity for traditionally illiquid assets. ➤ ARK Investment Management's plan to tokenize its Venture Fund is presented as a significant step, enabling fractional ownership and peer-to-peer trading on blockchain-based systems, thereby addressing the current lack of liquidity in private investments. ➤ Recent regulatory shifts, including the SEC's overhaul of transfer agent rules and a no-action letter for blockchain-integrated shareholder files, signal that widespread asset tokenization is imminent, poised to create a market exceeding $100 billion in a few years. #tokenization #arkventurefund #blockchain #sec #transferagents #liquidity #privateequity #cathiewood #assetinnovation #frictionreduction 🔗 Read more at:
📰 Is your business losing money between payment and conversion? 🗓️ Sep 09 2026 13:55 UTC - Guest Trybit lets businesses accept crypto and automatically convert incoming payments into a selected stablecoin once transactions are confirmed on-chain. ➤ Trybit offers a crypto payment infrastructure that automatically converts incoming volatile cryptocurrencies into stablecoins upon confirmation, mitigating losses due to price fluctuations. ➤ The platform aims to reduce the time between payment receipt and conversion, addressing an operational issue where value can be lost due to market volatility. ➤ Beyond automatic conversion, Trybit provides features like bulk payouts via API, scheduled withdrawals, and white-label solutions for businesses processing high volumes of digital asset transactions. #trybit #cryptopayments #stablecoinconversion #volatilityexposure #automaticconversion #bulkpayouts #api #whitelabel #enterprisepayments #digitalassetmanagement 🔗 Read more at:
📰 Business News | Visa Brings Onchain Lending into Everyday Payments 🗓️ Sep 09 2026 05:10 UTC - ANI Get latest articles and stories on Business at LatestLY. Singapore, September 9: Today, Visa (NYSE: V) announced a new approach to onchain credit designed to help stablecoin-linked card programs and fintechs access working capital using onchain lending infrastructure and Visa data. By combining VisaNet settlement data with blockchain lending, Visa is helping its partners unlock new financing opportunities for stablecoin-linked card programs. Business News | Visa Brings Onchain Lending into Ever... ➤ Visa is integrating onchain lending infrastructure with its payment network to provide working capital for stablecoin-linked card programs and fintechs. ➤ The initiative leverages VisaNet settlement data and blockchain lending to unlock new financing opportunities, addressing challenges in traditional financing for growing payment companies. ➤ This move expands Visa's stablecoin strategy, aiming to bridge traditional finance with digital asset technologies for more transparent and programmable financial services. #visa #onchainlending #stablecoins #workingcapital #fintech #visanet #blockchainlending #creditcoop #programmablefinance #digitalassets 🔗 Read more at:
📰 British man recovers £3.3M in Bitcoin lost for over a decade 🗓️ Sep 08 2026 07:15 UTC A British Bitcoin investor has recovered 61 BTC worth roughly £3.3 million after losing access to the coins for more than 12 years following the collapse of early UK exchange Intersango. LBC reported that the investor, identified only as Chris,… ➤ A British investor successfully recovered 61 BTC, valued at approximately £3.3 million, after losing access to them for over a decade due to the collapse of the Intersango exchange in 2014. ➤ The recovery was facilitated by lawyers from CEL Solicitors, who gathered extensive documentation to prove ownership and navigated legal proceedings, primarily through negotiation. ➤ This case highlights the potential for recovering lost crypto assets held by defunct exchanges and suggests that over 5,500 BTC may still be linked to former Intersango users, requiring individual claimants to prove ownership. #bitcoin #intersango #celsolicitors #cryptocurrencyrecovery #ukexchange #lostbitcoin #assetrecovery #legalclaim #financiallitigation #ownership 🔗 Read more at: