
Bastion Secures Conditional OCC Approval for US Trust Bank Charter
Stablecoin infrastructure provider Bastion received preliminary conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter.
The latest in digital assets, markets and regulation.

Stablecoin infrastructure provider Bastion received preliminary conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter.

The CFTC filed a prerule-stage regulatory action on Sept. 17, signaling agency-led oversight following the Senate's failure to advance the CLARITY Act.

Bitcoin rose nearly 6% to exceed $81,000 on Friday, defying the recent procedural block of the Clarity Act and a Federal Reserve interest rate hike.

The CFTC submitted a pre-rule on crypto asset transactions and markets to the White House's OIRA for review, signaling intent to regulate derivatives without waiting for Congress.

VanEck’s Matthew Sigel stated that while decentralized governance slows upgrades, the Bitcoin community is actively developing quantum-resistant solutions.

The Federal Reserve Board executed consent prohibition orders against former employees of Northstar Bank, American Express Travel Related Services Company, Inc., and Regions Bank.

Traditional banks now account for nearly one-quarter of EU MiCA crypto providers after doubling their presence to about 80 firms since late June.

The SEC approved an innovation exemption allowing qualifying venues to trade tokenized US stocks on public blockchains without registering as national exchanges.

Unsealed court documents from the New York Times lawsuit reveal a 2023 Microsoft memo warning that AI training on news content constituted unprecedented theft.