Circle soars after securing U.S. trust bank approval in crypto expansion
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system. Source:CoinDesk
Japanese lender launches Bitcoin-backed loans of up to $6.2M
CRYL is offering Bitcoinbacked loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets.…
Grayscale's CFO exits after 7 years with crypto asset manager
Edward McGee stepped down after seven years, weeks after distribution chief John Hoffman left for Ondo Finance. Source:CoinDesk
Bitdeer stock jumps 14% as company expands US mining hardware production
Bitdeer shares rallied after the company announced a $36 million Nevada manufacturing facility that will produce its SEALMINER Bitcoin mining machines and…
Aave rolls out vaults for yield-hungry fintech investors
Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits Source:CoinDesk
Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s…
PepsiCo cuts prices on snacks. It’s not enough to drive growth in North America.
PepsiCo’s stock was set to fall as the company’s North America business lagged, but strength in international business led to an earnings beat.…
Sony Bank gets US regulator nod to issue stablecoins
Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in…
Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants
HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain…
Latin America’s biggest stock exchange now offers options on bitcoin, ether and solana futures
These options settle into underlying futures contracts rather than spot cryptoassets, involving no custody, transfer, or administration of tokens.…
Singapore's Temasek investment fund says crypto is off the table, will focus on AI
The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%. Source:CoinDesk
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New Yorkbased subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.…