Federal court ends Custodia Bank’s legal bid for a master account

One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”

One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”

Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions.

The Bitcoin Policy Institute said the bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions is “encouraging.”

The USDC issuer’s stock is soaring despite a market selloff as stablecoins expand into traditional finance. Meanwhile, Canaan boosts BTC reserves and Wells Fargo eyes crypto services.

Donald Trump is billed as the keynote speaker at an event in Florida for his top memecoin holders, which comes as the token hits an all-time low.

The iShares Staked Ethereum Trust will distribute staking rewards on a monthly basis from institutional-grade Ethereum validators run by Figment, Galaxy Digital and Attestant.

Ghana’s SEC could grant a full license to sandbox participants as early as six months, provided that their products are market-ready and that they tick all regulatory boxes.

Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange that was once a target of a long-running SEC lawsuit.

Clear Street and Marex Group are planning to offer prediction markets to clients, with Kalshi’s CEO tipping it to become a “core pillar of the financial ecosystem.”

The SEC and CFTC said they would adopt a “minimum effective dose” regulatory strategy to foster innovation while maintaining market integrity and keep the US competitive globally.