Bitcoin Custody Bill Approved by Minnesota
Minnesota Gov. Tim Walz signed HF 3709, allowing state-chartered banks to offer crypto custody from Aug. 1, 2026. St. Cloud Financial Credit Union reports strong local demand. #Update #Legal
Minnesota Gov. Tim Walz signed HF 3709, allowing state-chartered banks to offer crypto custody from Aug. 1, 2026. St. Cloud Financial Credit Union reports strong local demand. #Update #Legal
Italy’s largest bank, @IntesaSanpaolo, boosted its cryptocurrency assets to $235M by March 31, 2026, investing in $ETH and $XRP while reducing its stake in Solana. #Update #Crypto $ETH $XRP
The Bank of England is reassessing its stablecoin regulations, considering removing ownership limits and revising reserve requirements after industry feedback indicated prior measures were overly cautious. #Update #Crypto
Wells Fargo analyst Mike Mayo names Citigroup (C) as his top stock pick, citing a significant transformation under CEO Jane Fraser’s leadership and strong revenue growth despite restructuring. #Update #Finance $C
Arkham Intelligence linked crypto wallets to the Central Bank of Iran, prompting the U.S. to freeze $344 million in assets for suspected sanction evasion using TRON and Tether networks. Tether confirmed fund freezes at U.S. request. #Update #Crypto $USDT
@JPMorgan’s Grace Peters advises investors to prepare for inflation and volatility, highlighting a bullish outlook on equities while recommending infrastructure and hedge funds for portfolio resilience. #Update #Crypto $BTC
OCC conditionally approves Augustus Bank N.A., the first AI-native stablecoin clearing bank in the U.S.; Ferdinand Dabitz to become youngest CEO if fully approved. #Update #Banking
@Payward, parent of Kraken, files OCC application for a national trust company to enhance institutional digital asset custody, aiming to expand U.S. client services. #Update #Legal
Gold demand surged 74% to $193 billion in Q1 2026, driven by geopolitical risks and investment preferences, with central banks buying 244 tons. #Update #Crypto $BTC (+5) ↗
Over 20 crypto firms, including @Ripple and @Coinbase, seek OCC charters to integrate with banks, enhancing credibility for institutional capital. #Update #Crypto $XRP
Brazil’s Central Bank bans crypto assets in cross-border settlements via eFX, requiring licensing by May 2027. Resolution No. 561 takes effect October 1, 2026. #Update #Crypto
Anchorage Digital and M0 launch a modular stablecoin issuance stack to capture the $160B market, enhancing U.S. digital dollar deployment via regulated custody services. #Update #Crypto
BOK Governor Shin Hyun-song prioritizes CBDC and deposit tokens, omits stablecoins in digital won strategy amid South Korea’s Digital Asset Basic Act finalization. #Update #Crypto
@JPMorganChase raises its S&P 500 target for 2026 to 7,600, citing stronger AI sector earnings and reduced geopolitical risks, with EPS estimates also increased. #Update #Finance