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Bridge, the stablecoin infrastructure company acquired by payments giant Stripe, applied for a national bank trust charter with the U.S. Office of the Comptroller of the Currency (OCC), co-founder Zach Abrams said on Wednesday.The move would put the firm under federal regulatory oversight if approved by the regulator. Through the bank, company would provide services including custody, stablecoin issuance, management of stablecoin reserves, Abrams said.”We’ve long believed stablecoins will be a core, regulated financial building block,” Zach Abrams said in a Tuesday X post. “This regulatory infrastructure will enable us to tokenize trillions of dollars and make this future possible.”Bridge…
AMD just announced an extension of its relationship with Oracle. Plus, an analyst upgraded the stock and implied Wall Street’s profit expectations aren’t high enough.
United States-based digital fintech company CoinMBA has officially announced the launch of its “Global Node Acceleration Plan”, a strategic initiative aimed at building a next-generation cross-border financial clearing and settlement network.This program will establish infrastructure nodes across major global financial hubs to achieve higher network throughput, faster transaction confirmations, and lower cross-border settlement costs. Registered in the United States and having obtained official MSN (Money Services Network) registration approval, CoinMBA is one of the few digital asset service platforms that combine both regulatory authorization and advanced R&D capability.The company has long focused on cross-border settlement, RWA(Real World Asset)tokenization, institutional custody,and digital payment solutions, promoting…
Hong Kong-listed investment bank China Renaissance is seeking to raise $600 million to introduce a public crypto treasury focused on BNB, the native token of the BNB Chain that’s widely used for discounts on Binance fees.The project, if completed, would mark one of the largest single bets on BNB by a publicly listed entity. The largest BNB-focused treasuries among publicly traded companies currently belongs to CEA Industries, which earlier this month raised its total token holdings to 480,000.The proposed investment vehicle would be formed in the United States and structured as a publicly traded company, designed specifically to buy and…
“He gave his fourth wife power of attorney and access to his bank account to pay bills.”
The UK Competition and Markets Authority (CMA) has designated Google with strategic market status (SMS) in both general search and search advertising services. The decision was made after confirming that the company holds significant and entrenched market power in these areas. It follows an investigation launched by the CMA on 14 January 2025 and a subsequent period of consultation with more than 80 stakeholders, as well as direct engagement with Google. With the UK’s digital markets competition regime now active since 1 January 2025, the CMA has gained new authority to introduce targeted measures aimed at promoting competition in digital…
In a market where many token launches rely on brief bursts of speculative hype, Mutuum Finance (MUTM) is taking a more disciplined path. The Ethereum-based DeFi project has surpassed $17 million in funding, reflecting accelerating investor interest as it combines a clear token pricing model with visible development progress. With Phase 6 of the presale more than 60% sold out, attention is now turning to the next price step, which will coincide with the project’s upcoming testnet rollout and eventual mainnet launch.A Utility-Driven Protocol With Dual Lending MarketsMutuum Finance is a decentralized lending and borrowing protocol built to create efficient on-chain credit…
“We aren’t in debt outside of our mortgage, but I feel sick when I think about the money.”
China’s Ministry of Commerce (MOFCOM) says its new rare-earth export controls are lawful national-security steps — not blanket bans — and that licenses will be issued for eligible civilian trade, according to a spokesperson’s Q&A posted on X Sunday morning local time.Rare earths — a group of 17 elements used in permanent-magnet motors for electric vehicles (EVs) and wind turbines, defense electronics and other high-tech gear — occupy an outsized role in supply chains because China dominates the sector. Beijing accounts for roughly 70% of global production and about 90% of processing and refining; so licensing shifts can ripple downstream…
President Donald Trump announced Friday that the U.S. could impose tariffs of up to 100% on imports from China by Nov. 1, marking an escalation in the U.S.–China trade conflict and raising uncertainty across global supply chains. In a Truth Social post Friday, Trump said the tariffs were retaliation for China’s new export controls announced a day earlier on rare earth minerals and related technologies. Many U.S. companies that rely on Chinese manufacturing could face soaring costs and shipment delays as they scramble to reroute orders or find alternative suppliers in Mexico, India, or Southeast Asia. Containerized imports from China—roughly…