Circle has applied for a national trust bank licence in the US to launch a fully regulated digital currency bank that will manage USDC reserves and offer asset custody to institutions. This move follows its $18 billion IPO and shows its shift toward stricter compliance and deeper ties with traditional finance.
AnaisMeta has created a new AI division called Meta Superintelligence Labs and hired top researchers from OpenAI, Google DeepMind, and Anthropic. The move has sparked tensions in the industry, with reports of massive bonuses and concerns about a growing talent war.
WeatherlyJD.com has denied launching any stablecoin or forming partnerships linked to one, warning the public about scams using its name. The company said it may take legal action against those spreading false claims, especially as fraudsters push fake investment schemes online.
AnaisNorth Korean nationals used fake identities to get remote IT jobs at US blockchain firms, stealing nearly $1 million in crypto and accessing sensitive data. The scheme involved US and Asian facilitators, with the DOJ cracking down through arrests, raids, and website shutdowns.
WeatherlyMalaysia’s Securities Commission has proposed allowing certain digital assets to be listed directly by exchanges without prior approval, aiming to speed up token launches while making exchanges more responsible. The regulator also plans stricter rules on exchange operations and client asset protection to address risks as crypto trading grows rapidly in the country.
AnaisOpenAI gave all staff a week off to slow down Meta’s aggressive hiring, after losing several researchers to Zuckerberg’s new AI team. Meta reportedly offered up to $100 million in pay packages, causing anxiety inside OpenAI as leaders scramble to stop more staff from leaving.
AnaisFigma has quietly invested over $69 million into a Bitcoin ETF and plans to buy more using $30 million in USDC. The move was revealed in its IPO filing, showing Bitcoin is now part of its company treasury alongside traditional assets.
JoyRussian police shut down a large illegal crypto mining farm in St. Petersburg that stole electricity and caused over 10 million rubles in damage. At the same time, authorities warned the public about rising crypto scams where fake traders trick people into handing over their money and account access.
WeatherlyThe SEC has approved Grayscale’s plan to turn its Digital Large-Cap Fund into an ETF, giving investors easier access to a basket of major cryptocurrencies. This move could lead to more crypto ETFs being approved in the US, including ones for altcoins like Solana, XRP, and Cardano.
AnaisA U.S. judge has allowed Celsius to sue Tether over the forced sale of 39,545 Bitcoin during its 2022 collapse, which Celsius says caused over $4 billion in losses. The court rejected Tether’s argument about being outside U.S. jurisdiction, meaning key claims like fraud and breach of contract will go ahead.
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