Jack Dorsey’s Block is seeking a federal banking charter to bring its Bitcoin and stablecoin custody business under direct U.S. regulatory supervision, another sign that digital-asset companies are moving deeper into the traditional financial system. … [Read more...] about Block seeks federal bank charter for Bitcoin and stablecoin custody
Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Iran is turning to Bitcoin and Tether as sanctions and a tightening economic blockade make it increasingly difficult for the country to access conventional international financial networks. … [Read more...] about Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
Some of the world’s biggest banks are joining forces to launch a U.S. dollar-backed stablecoin in the first half of 2027, taking a collective leap into a market that has largely been dominated by crypto companies. … [Read more...] about Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
London Stock Exchange takes stocks onto the blockchain
The London Stock Exchange is taking a major step into blockchain-based markets, planning to offer tokenized versions of U.K. shares as it prepares to launch a new 24-hour trading venue in 2027. … [Read more...] about London Stock Exchange takes stocks onto the blockchain