Crypto.com, a digital asset platform offering trading, custody, and payment services, secured conditional approval from the Office of the Comptroller of the Currency today to pursue a federally chartered national trust bank license. The approval enables the exchange to provide asset custody and staking under federal supervision rather than navigating a patchwork of state regulators.
U.S. President Donald Trump warned on Truth Social that any country exploiting the Supreme Court ruling on Trump tariffs will face higher levies. After the post, markets reacted with Bitcoin posting a slight dip. The warning followed the Supreme Court ruling that struck down tariffs imposed under the International Emergency Economic Powers Act.
US mortgage lender Rate has launched a nationwide program that allows qualified borrowers to use verified cryptocurrency holdings to help meet underwriting requirements without liquidating their assets, marking a formal step toward integrating digital assets into traditional home financing. The product, called RateFi, operates within the lender’s existing non-qualified mortgage framework and permits borrowers to
ProCap Financial, (BRR), which calls itself the first publicly traded agentic finance firm, has begun its share repurchase program aimed at closing the discount between its stock price and net asset value (NAV). The company said it bought 148,241 BRR shares in the open market on Feb. 20. That implies a purchase price in the
Crypto.com said it received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, setting the stage for the exchange to expand its custody services under federal oversight. The planned Foris Dax National Trust Bank, doing business as Crypto.com National Trust Bank, would operate as a
Last week has witnessed noteworthy fundraising events across the crypto sector. In this respect, Novig, Kresus, and NEWITY have led the list of top 9 weekly crypto fundraising events. As per the data from CoinMarketCap, the other names on the list take into account Unicity, PlutonAI, PRED, Rizon, Fireplace, and Endl. Thus, the inclusion of
A top economist has sounded a major warning on key assets like stocks, gold, silver, and the crypto market. Summary Stocks and crypto prices could be at risk of a bigger dive in the near term. Mark Zandi, a top economist, highlighted some major risks facing the market. He pointed to the slowing economy, valuation,
Federal Reserve Governor Chris Waller has said his support for a March Fed rate cut will largely depend on the February jobs report. This came as he acknowledged the January jobs report, which came in better than estimates, although he noted that it isn’t conclusive evidence that the labor market is improving. This is significant
Based, a Web3 consumer app for trading and spending crypto, has raised $11.5 million in a Series A round led by Pantera, with participation from Coinbase Ventures, Wintermute Ventures and Karatage. The company said the fresh capital will be used to expand into new markets and build out its onchain financial infrastructure. Launched eight months
The global financial markets witnessed a fresh surge of funding and touched new highs last year. However, the capital reportedly flowed into a smaller group of companies and a reshaped roster of investors. Funding into AI-led firms topped the list. The latest numbers suggest that total funding into rounds of $50 million or more reached