Circle Wins Federal Banking License, Bringing USDC Under OCC Supervision

Circle Just Became The Only Licensed Stablecoin Bank, Here's Why That Matters

Circle Just Became The Only Licensed Stablecoin Bank, Here's Why That Matters

Circle Receives New Regulatory Approval for National Trust Bank. Here's What It Could Mean For CRCL Stock

What does this change for Circle stock?

Morning Minute: Robinhood Chain Explodes Onto the Crypto Scene

Plus, Circle wins a national bank charter and pops 10. And the Clarity Act gets a new draft while the clock is ticking

Form 144 CAPITAL ONE FINANCIAL CORPORATION For: 7 July

Form 144 CAPITAL ONE FINANCIAL CORPORATION For: 7 July

Central Bank warns public against four entities falsely claiming authorization to conduct financial services in The Bahamas

NASSAU, BAHAMAS: The Central Bank of The Bahamas is warning the public about four entities that are falsely claiming to be licensed, regulated, registered or otherwise authorized to conduct financial services business in The Bahamas. In a notice issued Thursday, the regulator identified SP Monza Bank, Coral Credit Bank (also known as Coral Credit), Bahamas []

Circle won federal approval to operate as a trust bank — and its stock surged

The approval places Circle's USDC reserve infrastructure under direct federal oversight and allows the company to offer digital asset custody services

Standard Chartered and Circle launch first G-SIB-led integrated access to USDC minting and redemption

Standard Chartered today announced the launch of its capability enabling institutional clients to access USDC minting and redemption, developed in partnership with Circle Internet Group, Inc. (Circle) (NYSE: CRCL), the issuer of USDC[1] through its regulated entities. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) licensed to offer institutional clients integrated [] The post Standard Chartered and Circle launch first G-SIB-led integrated access to USDC minting and redemption appeared first on Middle East News 247.

US Marshals Coinbase Prime Deal Puts Federal Crypto Custody In The Spotlight

Coinbase Prime has picked up one of the more interesting institutional custody signals in crypto: a deal with the US Marshals Service. The agreement puts federal seized-asset management back into focus at exactly the mom

Kraken Reportedly Seeks European Banking License With Lithuania in Focus

Crypto exchange Kraken is looking to widen its financial services footprint as it reportedly seeks a European banking license, with Lithuania understood to be the focus jurisdiction, according to CoinDesk. The reported plan would push the crypto exchange further into regulated finance as it builds out its licensing strategy across major markets. Kraken has not [...] The post Kraken Reportedly Seeks European Banking License With Lithuania in Focus appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

Cracking the Code: Cryptocurrency Tax Solutions

By Debbie Jennings.

GoldBod introduces new rules for self-financing aggregators in gold export transactions

The Ghana Gold Board (GoldBod) has introduced new mandatory guidelines governing how Self-Financing Aggregators (SFAs) onboard offtakers and conduct gold trading and export transactions.

Crypto's second U.S. lobbying front — tax policy — sees industry push on mining, staking

Crypto's second U.S. lobbying front — tax policy — sees industry push on mining, staking

Taiwan passes law regulating cryptocurrency firms, stablecoins

Taipei, June 30 (CNA) The Legislature on Tuesday passed a law establishing a regulatory framework for Taiwanese cryptocurrency businesses, including licensing requirements for virtual asset service providers (VASPs) and stablecoin issuers, as well as penalties for fraud and market manipulation.

FCC phone ID plan could end burner phones

The FCC is considering new know your customer rules that would require phone companies to collect government IDs and addresses before granting service.

Circle Jumps 13% on OCC Approval For a National Trust Bank

Circle, the publicly traded stablecoin company that manages USDc with 73 billion in assets under management, has received approval by the Office of the Comptroller of the Currency (OCC) to establish a national trust bank.

MiCA strikes again? Revolut to drop USDT as Circle gains momentum

Will regulatory challenges hand Circle's USDC a win in the stablecoin race?

Federal Regulators Want Stablecoins to Keep Working Without ID Checks

The banks aren't going to like this.

CryptoProcessing’s MLRO on why banking access is still crypto’s biggest challenge

Crypto firms have spent years trying to convince banks that they’re safe to do business with. Even now, with far more regulation in place than a few years ago, plenty of those firms still get turned away at the door. Jelizaveta Paskovskaja, Money Laundering Reporting Officer (MLRO) at CryptoProcessing by Coinspaid, has a clear explanation for [] This story continues at The Next Web

Clearing Corporation of India receives European Securities authority recognition

The European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolonged dispute. This groundbreaking approval allows the Clearing Corporation of India Ltd (CCIL) to operate under the Reserve Bank of India's regulations, an important advancement for European banks. By signing a memorandum of understanding, this resolution avoids possible capital adequacy complications for those financial institutions.

Mexico Central Bank Adds Bond-Buying Tool to Support Liquidity

Mexico’s central bank published regulations allowing it to buy some local government securities to boost money-market liquidity if needed, a possible preemptive move to help the regulator step in if investors are forced to sell Mexican assets.

Big Banks Are Considering a Deal to Get Around Debit Card Fee Caps. This Fintech Stock is Rising on the News

Big Banks Are Considering a Deal to Get Around Debit Card Fee Caps. This Fintech Stock is Rising on the News