By Emir Abyazov Bitcoin briefly tested the $110,000 level, while the developer behind Ethereum announced the formation of the Ethereum Community Foundation. Kazakhstan also voiced support for establishing a state-backed crypto reserve, among other notable developments from the past week. Bitcoin did not hold at $110,000 Bitcoin’s price began the week with a decline. On […]
Tag: OCC
By Emir Abyazov Ripple Labs is applying for a U.S. banking license, a move that could dramatically change its status in the financial ecosystem. CEO Brad Garlinghouse confirmed on social network X that the company has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national banking charter. True to […]
By mrblockchain The Federal Reserve has retracted prior guidance that discouraged banks from engaging in cryptocurrency and stablecoin activities, signaling a shift toward supporting innovation in the sector. The rescinded guidelines, issued in 2022 and 2023, had warned banks about the risks of crypto, including volatility, liquidity, and legal challenges. Industry leaders like Michael Saylor […]