Sony Bank has secured conditional approval from the Office of the Comptroller of the Currency (OCC), the US federal regulator that charters and supervises national banks, to establish a wholly …
Crypto
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Crypto
Bitcoin Is in Deep Value Zone, Yet $53K Drop Cannot Be Ruled Out
by Andrew Grantby Andrew GrantBitcoin shows signs of bottoming, but capitulation, ETF outflows, and defensive options markets still threaten recovery. Bitcoin’s market appears to be in the later stages of a bear market, …
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PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services. …
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Crypto
Cardano’s eUTXO Model Takes Center Stage as Ethereum Eyes UTXO Adoption
by Andrew Grantby Andrew GrantEthereum researchers have published a paper proposing native UTXO (Unspent Transaction Output) support for the network’s execution layer, and Cardano founder Charles Hoskinson responded on X with a pointed claim: …
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One of the critical metrics has been in the red for over 50 days now. Although it has rebounded by $5,000 since its July 1 low at under $58,000, …
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Crypto
DOJ warning puts Binance crypto freeze policy in the spotlight
by Andrew Grantby Andrew GrantA reported Justice Department memo has put Binance’s law enforcement cooperation back in focus. The Information reported that DOJ staff were told to expect less support from the exchange in …
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Crypto
Did the US Treasury Just Pull Plug on US Strategic Bitcoin Reserve?
by Andrew Grantby Andrew GrantIn Bitcoin news today, the Bitcoin Strategic Reserve has not been canceled, but it has hit a wall. A jurisdictional dispute between the US Treasury and the Commerce Department over …
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Crypto
Ripple Rolls Out New XRPL Upgrade, but Less Than Half of Nodes Have Upgraded
by Andrew Grantby Andrew GrantDespite the majority of nodes still operating on v3.1.3, roughly 61% of XRPL validators running on rippled versions have adopted the new upgrade. Over three weeks ago, the Ripple …
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Crypto
EU targets MiCA overhaul as US GENIUS Act reshapes stablecoin rules
by Andrew Grantby Andrew GrantThe European Union has begun preparing changes to its Markets in Crypto-Assets framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other …
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Crypto
Crypto News Today (July 8): BTC Drops Back to $62K, Coinbase Premium Hits Record Lows, and the EU is Eyeing Even Tighter Crypto Regulation
by Andrew Grantby Andrew GrantIn crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations …
