Jonathan Gould, Comptroller of the Currency, defended the OCC's review process of World Liberty Financial's application for a national trust bank charter before Congress, pushing back against Democratic accusations of favoritism due to the firm's Trump ties. The charter would allow World Liberty Financial to issue a USD1 stablecoin and manage digital asset services, a significant move as the OCC has approved several crypto trust charters since late 2025. This development signals growing federal legitimacy for crypto firms, potentially reshaping the stablecoin market dominated by USDT and USDC. The review occurs alongside ongoing regulatory framework development under the GENIUS Act, which aims to set clear rules for stablecoin issuers.
The Bank of England has launched the second phase of its Digital Pound Lab, involving NOBO Finance, Dun & Bradstreet, and Polygon Labs to test how stablecoins and a potential digital pound can improve cross-border trade finance for SMEs. The project ...
Ethereum is trading near $1,887, maintaining support between $1,720 and $1,780. A significant whale wallet recently bought 50,000 ETH worth $93.6 million and staked it, adding to a total $170 million in recent purchases, signaling confidence in ETH's...
Credo Technology (CRDO) is rated a Strong Buy due to rapidly increasing demand for AI data centers and hyperscaler capital expenditures. The company reported a 205% annual revenue growth with operating margins at 33.3%, and net income is projected to...
Michael Saylor's company, Strategy, has introduced a public Bitcoin credit model that offers detailed insights into credit spreads, undercollateralization risks, and Bitcoin floor prices. This model covers Strategy's $53.5 billion reserves and $21.95...
Banco Bilbao Vizcaya Argentaria (BBVA) reported strong Q2 2026 results, driven by a 23% year-over-year rise in net interest income, mainly from Spain and Mexico. Despite high profitability with a 21% return on equity and €3 billion net profit, rising...
