The OCC’s proposed stablecoin rules may hinder yield and rewards, impacting firms like @Circle and @Coinbase. Industry insiders suggest potential for negotiation despite concerns over regulatory overreach. #Update #Crypto $USDC
@Bridge, a stablecoin infrastructure firm owned by Stripe, received conditional approval from the U.S. Office of the Comptroller of the Currency to form a national trust bank for issuing stablecoins. #Update #Crypto $USDC
Scott Matherson’s latest piece explores the potential returns from a $500 investment in $BTC and $XRP since 2014, highlighting significant growth patterns. #Update #Crypto $BTC
@WorldLibertyFinancial’s bank application will proceed without delay despite U.S. Senator Elizabeth Warren’s request for scrutiny over President Trump’s ties, according to Comptroller Jonathan Gould. #Update #Legal
Crypto pundit XRP Queen claims $XRP could reach $100, citing institutional interest and Ripple’s infrastructure moves. Current price at $1.95. #Update #Crypto $XRP
@JonathanGould of the OCC warns against banks hindering digital asset charters, stating 14 new applicants emerged last year, including Erebor’s recent provisional charter. #Update #Crypto $BTC
@Independent Community Bankers of America urged the OCC to deny @Coinbase’s trust charter application, citing safety risks and insufficient compliance. Coinbase’s legal officer criticized the opposition as an attempt to maintain regulatory barriers. #Update #Crypto $BTC
@Bridge, acquired by @Stripe, applied for a national bank trust charter with the OCC to enhance its stablecoin services, joining a surge of issuers seeking federal oversight. #Update #Crypto $USDC
@Coinbase has applied for a national trust charter with the U.S. Office of the Comptroller of the Currency, aiming to enhance its custody services without becoming a full-service bank. #Update #Crypto $BTC $ETH
