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10.09.26 - 06:18
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Coinbase: Think We′ve Seen Bottom in Bitcoin Price Cycle (Bloomberg)
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Coinbase Co-Founder, Chairman & CEO Brian Armstrong says it's likely the bottom of the Bitcoin price cycle has passed. He voiced conviction in the future of stablecoin payments, highlighting their potential to reshape everyday transactions. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)...
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10.09.26 - 05:30
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Jack Dorsey′s Block Seeks US Trust Bank Charter For Bitcoin, Stablecoin (ZeroHedge)
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Jack Dorsey's Block Seeks US Trust Bank Charter For Bitcoin, Stablecoin
Authored by Ezra Reguerra via Cointelegraph,
Jack Dorsey's payments company Block seeks to establish a federally regulated trust bank to provide custody services for Bitcoin and stablecoins.
Block said Tuesday it had submitted an application to the Office of the Comptroller of the Currency (OCC) to create Builders Bank & Trust, an uninsured national trust bank.
If approved, the bank would operate under OCC supervision and offer custody and related fiduciary services.
Block said the charter would give its custody operations a consistent national framework as the business expands.
The proposed bank would not accept deposits or make loans, separating it from a conventional commercial bank.
Lee Woolley, Block's digital asset strategy lead, would serve as Builders Bank's president and CEO.
Woolley said the proposed institution would draw on Block's digital asset operations and its experience with Square Financial Services,...
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09.09.26 - 17:18
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Cryptos Firm While Oil Roils Markets (AFX)
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WASHINGTON (dpa-AFX) - Sentiment in cryptocurrency market remains strong while global markets react to the surge in crude oil prices and its likely impact on the Federal Reserve's monetary policy ......
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