Circle secures New York trust charter as crypto regulatory push accelerates
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law....
Coins in this story
Discussion
Related stories
RWA perps will outpace tokenization
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs....
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover....
Unlicensed crypto exchange Shelbit linked to $4 billion Iranian sanctions network
Unlicensed Dubai exchange Shelbit served as the hub for a $4 billion Iranian sanctions-evasion and illegal gambling network, according to investigators. The platform moved hundreds of millions in crypto to major global exchanges, including Binance, while offering Iran’s central bank direct access to global digital asset markets. Binance froze linked accounts and notified law enforcement agencies. The massive operation underscores expanding global regulatory scrutiny over illicit cross-border crypto transfer channels.