A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter, it announced Friday. The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could operate fiduciary and other trust company-related activities as a national
Tokenization-linked stocks have fallen as much as 11.2% after legal and market concerns reportedly delayed the SEC’s planned innovation exemption for blockchain-based securities. According to fresh reports on Friday, the Securities and Exchange Commission was preparing to delay its innovation exemption again after the White House and Wall Street firms raised concerns about its legal
Mizuho Securities has reduced its price target on BitGo (BTGO), the Nasdaq-listed cryptocurrency custody firm, to $11 from the previous $14, while keeping an outperform rating on the stock. The adjustment reflects a recalibrated outlook amid shifting regulatory dynamics in the U.S. digital asset market. Regulatory Landscape and Market Context The revised price target comes
India’s crypto sector presents an unusual contradiction: adoption is accelerating even as taxation and compliance rules continue creating significant friction for traders. Market research and business consulting firm IMARC estimates the Indian crypto market could expand from about $3.04 billion in 2025 to $14.21 billion by 2034. Source: IMARC That represents roughly 4.7 times the
Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt several forms of digital money. In comments shared with crypto.news, David said the Bank of England’s latest digital pound experiment gives an early indication of how institutional markets may use several forms of
When India’s rupee weakens, headlines often frame Bitcoin as the obvious beneficiary. The reality is more complicated. A falling rupee doesn’t automatically translate into more people buying crypto in India, even though it does change how the numbers look on paper. Three things actually happen when the rupee falls, and none of them is “everyone
South Korea’s KOSPI extended one of the sharpest turnarounds in global equities on Friday, briefly reclaiming 7,000 as cooling US inflation encouraged investors to pile back into the chipmakers that drove July’s brutal sell-off. The benchmark opened 2.7% higher at 6,995.67 and briefly touched 7,010.86, its first move above 7,000 since July 24. Samsung Electronics