Bitcoin Magazine
Circle (CRCL) Wins Final OCC Approval for National Trust Bank
Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business.
This post Circle (CRCL) Wins Final OCC Approval for National Trust Bank first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
In Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched, and explore the strangely centralized world of crypto Twitter. First though, we’ll start with the news that a third party app has made it possible to pay for your Uber ride using BTC. Also read: Benchmark […]
The post The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts Down appeared first on Bitcoin News.
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. We also look at the Michigan Secretary of State’s ban on crypto-based political donations, as well as the recent certification of X8’s stablecoin for Shariah compliance. In addition, […]
The post Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency appeared first on Bitcoin News.
The demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the […]
The post The Fall of Tether and What It Means for the Cryptocurrency Markets appeared first on Bitcoin News.
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