Open USD Expands Stablecoin Competition With Consortium Model
Open USD launches with more than 140 partners and a reserve revenue-sharing model. The move intensifies competition in a stablecoin market exceeding 300 billion USD in supply.
Circle Receives US Bank Charter as CEO Signals Stablecoin Shift
Circle has received final OCC approval for a US bank charter. CEO Jeremy Allaire says stablecoins are evolving from trading tools into regulated digital cash.
SWIFT launches blockchain ledger with 17-bank pilot
SWIFT has moved its blockchain-based shared ledger into live deployment with 17 banks preparing tokenized deposit pilots. Final settlement still runs through traditional correspondent banking rails.
Corporate | Legal | News | Regulation
US Judge Approves $1.5M SEC Settlement With Elon Musk
A federal judge approved Elon Musk’s $1.5 million settlement with the SEC over delayed disclosure of his Twitter stake. The case is now formally closed.
Legal | News | Regulation
DOJ Memo Flags Possible Shift in Binance Cooperation
A reported DOJ memo warns prosecutors of possible reduced Binance cooperation in crypto cases. Binance denies any change to its law enforcement policies.
Trump Reports $636M From Meme Coin as Senator Pushes Ban
A financial disclosure shows Donald Trump earned $636 million from the TRUMP meme coin in 2025. Senator Kirsten Gillibrand is renewing efforts to ban digital assets issued by elected officials and their spouses.
Gate Europe Secures MiCA and Payment Licenses in EU
Gate Europe secured MiCA and Payment Institution licenses before the EU deadline on July 1, 2026. Unlicensed crypto platforms must now exit the European market.
Binance Winds Down EU Services as MiCA Enforcement Tightens
Binance is winding down its EU services under the Markets in Crypto-Assets regulation. The move tests the exchange’s market dominance and compliance framework.
Eldora Expands to 280+ Tokenized US Equities Across 85+ Countries
Eldora has expanded its marketplace to more than 280 tokenized US equities and ETFs across five blockchains. The platform combines 1:1 backed stocks, Treasury yield, and DeFi lending under a single KYC process.
CZ Praises Hyperliquid but Warns Over Missing KYC Controls
Changpeng Zhao praised Hyperliquid’s model while warning about its lack of KYC procedures. The comments come as HYPE hits a record price and ETFs see strong inflows.