The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.
Related Posts
Senator Warren’s Warning: SEC Receives Letter On Potential Losses With Crypto In 401(k) Funds
Senator Elizabeth Warren has reached out directly to Securities and Exchange Commission (SEC) Chair Paul Atkins, questioning how the regulatory agency intends to uphold its mandate of investor protection while supporting President Donald Trump’s executive order to allow crypto investments in retirement plans. Warren Against Crypto In Retirement Plans Warren expressed deep concerns in a […]
Swift And Wells Fargo Join Linux Foundation Blockchain Group
Swift, Wells Fargo and 13 other organizations have joined LF Decentralized Trust. The organization has also launched Panarus, a new tokenization project, and CLPR, a cross-ledger protocol research lab. The additions bring more traditional financial institutions directly into open-source blockchain infrastructure development. **ID:** B25-07 **Site:** Bitcoinist **Status:** READY **Author:** Bitcoinist Editorial Team **Focus Keyword:** Swift […]
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance.