CFTC expands payment stablecoin criteria to include national trust banks
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include...
Tag : national
US Court Sentences Chinese National to Nearly 4 Years for $37M Crypto Fraud
A Chinese national received a 46-month (Nearly 4 years) federal prison sentence for his role in laundering over $36.9 million stolen from American victims through...
Brazil’s Nubank Wins OCC Conditional Approval for U.S. National Bank – Crypto Custody Soon?
The U.S. Office of the Comptroller of the Currency (OCC) has conditionally approved Nubank to establish a national bank, which possibly preconditions the establishment of...
Nubank wins conditional US approval to form national bank
Nubank has received conditional approval from the US Office of the Comptroller of the Currency (OCC) to form a national bank, a step that allows...
Chinese National Gets 46 Months in Prison for $37 Million Crypto Scam Targeting Americans
In brief Jingliang Su, a Chinese national, was sentenced to 46 months in prison after pleading guilty to one count of conspiracy to operate an...
Binance Founder CZ Confirms Government Talks to Tokenize National Assets On-Chain
Founder of Binance Changpeng “CZ” Zhao has stated that several governments are currently engaged in deliberations on tokenizing their assets on blockchain networks. In a...
Bermuda Plots 'Fully On-Chain National Economy' With Help From Coinbase and Circle
In brief Bermuda will work with Coinbase and Circle to help bring its economy on-chain. The island nation will start with government stablecoin pilots and...
GENIUS Act changes would be a ‘national security trap’: Crypto execs
The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups...