Crypto World
Crypto exchange Backpack nears unicorn status as CEO lays out token strategy
Backpack Exchange, the crypto trading platform founded by former FTX and Alameda leaders, is reportedly in talks to raise around $50 million in new financing at a pre-money valuation above $1 billion.
Summary
- Backpack Exchange is reportedly in discussions to raise around $50 million at a valuation exceeding $1 billion, potentially elevating it to unicorn status.
- CEO Armani Ferrante outlined a tokenomics structure aimed at preventing early insider sell-offs and aligning incentives with long-term product growth.
- The company has also revealed plans for a 1 billion token supply, with 25% allocated at the token generation event, including community rewards.
If completed, the round would cement Backpack’s position in the crypto sector and potentially elevate it into unicorn status, a milestone for a firm still emerging from the post-FTX landscape.
The discussions come amid increased investor interest in fintech and crypto startups, and Backpack could parlay the fresh capital into expanding its exchange, wallet, and regulatory footprint globally.
The $50 million figure is a baseline, and reports suggest the eventual round size could grow larger.
Backpack CEO outlines tokenomics strategy
Meanwhile, Backpack CEO Armani Ferrante took to X to flesh out the company’s tokenomics framework ahead of a future token generation event.
Ferrante emphasized that the structure is designed to prevent early insiders from “dumping” tokens on retail investors, with no founders, executives, or venture backers receiving unlockable tokens until the product reaches significant traction, a concept he described as product “escape velocity.”
He also highlighted Backpack’s long-term goal of eventually going public in the U.S., signaling ambition beyond private fundraising and into regulated capital markets.
According to Ferrante, aligning token incentives with users, not short-term speculation, lays a foundation for sustainable growth and broader global adoption.
In a related post on the official Backpack account, the team confirmed elements of its upcoming token issuance plans. This includes a 1 billion token supply at launch and the allocation of 25 % of tokens at the Token Generation Event (TGE), with a portion earmarked for active community participants and points holders.
Crypto World
WhiteBIT Coin ($WBT) Officially Listed on Kraken Exchange, Highlighting Its Growing Recognition
[PRESS RELEASE – Vilnius, Lithuania, March 5th, 2026]
WhiteBIT, the largest European cryptocurrency exchange by traffic, announces that its native WhiteBIT Coin (WBT) is now trading on Kraken, one of the world’s long-standing crypto platforms. WBT trading is available on WBT/EUR and WBT/USD pairs, giving more traders worldwide access to the coin and reflecting the asset’s growing recognition in the market.
The listing marks a significant milestone for WhiteBIT, following rapid growth in 2025, during which WBT surged 160%, reaching an all-time-high of $64.11 and solidifying its position as the 11th-largest cryptocurrency by market capitalization at $10.7 billion, according to CoinGecko.
“Listing WBT on Kraken represents a logical next step in the expansion of the WhiteBIT ecosystem,” said Volodymyr Nosov, Founder and President of W Group, which WhiteBIT is a part of. “It reflects the momentum we’ve built through ecosystem growth, strategic partnerships, and increasing institutional visibility. It’s another important endorsement of WBT’s value and its role in the future of digital finance.”
This momentum has been powered by the expansion of the W Group ecosystem, which WhiteBIT is a part of, including:
- High-profile partnerships, such as the collaboration with Juventus, making WhiteBIT the club’s Official Sleeve and Cryptocurrency Exchange Partner.
- Global market expansion, with new operations in South America and the United States.
- Strategic cooperation in the Middle East, including partnership with Saudi Arabia to develop blockchain infrastructure and CBDC framework.
- Institutional recognition, including WBT’s inclusion in the S&P Crypto Indices, reflecting the token’s growing liquidity and market relevance.
Launched in 2022, WhiteBIT Coin (WBT) is the native utility token of the WhiteBIT platform. It offers significant advantages within the WhiteBIT exchange ecosystem, including reduced trading fees (up to 100% discount), increased referral bonuses (up to 50%), and free daily withdrawals. Users also gain from free AML checks, staking rewards up to 22.1%, and exclusive access to new projects via the WhiteBIT Launchpad.
The addition of WBT to Kraken not only expands access for traders worldwide but also reinforces WhiteBIT’s commitment to developing a globally recognized exchange-native coin that delivers utility, liquidity, and long-term value.
About WhiteBIT
WhiteBIT is the largest European cryptocurrency exchange by traffic, offering over 900 trading pairs, 350+ assets, and supporting 8 fiat currencies. Founded in 2018, the platform is a part of W Group which serves more than 35 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Juventus and the Ukrainian national football team. The company is dedicated to driving the widespread adoption of blockchain technology worldwide.
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The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun in a $10 million settlement.
The US Securities and Exchange Commission has ended its lawsuit against crypto entrepreneur Justin Sun with a $10 million settlement, ending a two-year legal battle over alleged fraud and securities laws violations.
The SEC said in a letter to a Manhattan federal court on Thursday that Rainberry, one of Sun’s companies, would pay a $10 million fine, and claims against Sun and his companies, the Tron Foundation and BitTorrent Foundation would be dropped.
Related: Rep Waters demands SEC oversight hearing about its approach to crypto
The lawsuit, first filed in March 2023, accused Sun and his companies of selling unregistered securities via the Tronix (TRX) and BitTorrent (BTT) tokens and allegedly wash trading TRX.
Magazine: SEC’s U-turn on crypto leaves key questions unanswered
This is a developing story, and further information will be added as it becomes available.
The U.S. Securities and Exchange Commission has closed a high-profile civil action against crypto entrepreneur Justin Sun, announcing a resolution that ends a two-year dispute over allegations of fraud and securities violations. In a letter filed with a Manhattan federal court, Rainberry, one of Sun’s companies, will pay a $10 million penalty, and the SEC said that the claims against Sun along with the Tron Foundation and BitTorrent Foundation would be dropped. The suit, filed in March 2023, alleged that Sun and his affiliated entities offered securities or investment-like instruments tied to the Tron and BitTorrent ecosystems and engaged in trading activity accused of wash trading. The settlement wraps up the government’s action, while Sun’s other ventures continue to operate in a regulated, growing environment.
Key takeaways
- The SEC has settled with Rainberry for $10 million, ending litigation against Justin Sun and dropping charges against the Tron Foundation and BitTorrent Foundation.
- The case, filed in March 2023, centered on allegations of unregistered securities and wash trading involving the Tronix and BitTorrent tokens.
- The resolution signals continued regulatory risk and scrutiny for token-based projects, even as some cases are resolved without a broader ruling on asset classification.
- The settlement follows a wave of enforcement activity in the crypto sector and occurs amid ongoing questions about how token offerings fit securities laws.
- Regulators’ attention to token ecosystems remains high, with lawmakers and watchdogs calling for oversight and clearer rules around crypto projects.
Tickers mentioned: $TRX, $BTT
Sentiment: Neutral
Price impact: Neutral. The settlement does not indicate an immediate price reaction for related assets as no public market move is documented in the filing.
Market context: The settlement arrives as crypto enforcement remains active and markets weigh regulatory signals on token sales, security classifications, and disclosure requirements amid rising institutional interest and ETF considerations.
Why it matters
The resolution matters for the broader crypto ecosystem because it provides a concrete example of how regulators view token-related activities tied to established blockchain ecosystems. While the Rainberry settlement carries a monetary penalty and results in the dismissal of claims against Justin Sun and the Tron Foundation and BitTorrent Foundation, the SEC maintained that certain token arrangements can fall under securities laws when investment-like features or registration requirements are involved. The decision underscores the continuing debate over the boundary between securities and non-securities in token projects, a topic that has shaped enforcement priorities and policy discussions for years. For builders and investors, the message is clear: thorough disclosures and careful consideration of registration and compliance can influence both risk and opportunity in token-enabled ecosystems. The case also highlights that settlements can end protracted litigation while still leaving room for regulatory interpretation to evolve in future actions.
Beyond the immediate parties, the development feeds into a broader regulatory narrative surrounding token issuance, trading practices, and how authorities scrutinize market manipulation allegations such as wash trading. The outcome does not end regulatory interest in these topics; rather, it demonstrates that settlements can resolve specific cases while regulators continue to refine their approach to crypto-assets and the securities-versus-non-securities question that underpins much of the policy debate in Washington and abroad.
Market participants should monitor how similar cases evolve and whether additional settlements or guidance will emerge that clarify registration requirements for token offerings tied to major ecosystems. The case also serves as a reference point for exchanges, issuers, and developers seeking to understand how enforcement actions align with current legislative discussions about crypto oversight and investor protection.
What to watch next
- A formal court entry detailing the settlement terms and confirming Rainberry’s payment timeline.
- An official SEC statement clarifying the scope of the dropped claims and the regulatory reasoning behind the resolution.
- Reactions from Sun and the Tron/BitTorrent communities, including any statements from the related foundations.
- Regulatory guidance or policy proposals addressing token offerings and securities classification in the near term.
- Subsequent filings or communications in the case that illuminate how the agency interprets token-based securities going forward.
Sources & verification
Settlement ends SEC v. Sun case and sets tone for crypto enforcement
The filing language and subsequent statements indicate a precise and bounded resolution. Rainberry’s $10 million payment closes a chapter that began when the SEC charged Justin Sun and his affiliated entities with moving securities-like instruments without appropriate registration and with market practices that allegedly included wash trading around the Tron ecosystem. The commission’s reference to Tronix (TRX) (CRYPTO: TRX) and BitTorrent (BTT) (CRYPTO: BTT) tokens underscores how regulators continue to scrutinize token offerings that may carry investment contracts or other securities characteristics. The inclusion of these tokens in the allegations highlighted ongoing tensions between innovation in decentralized ecosystems and the securities framework that governs traditional asset offerings, a tension that remains at the core of many enforcement discussions.
The settlement makes Rainberry the sole financial obligation in this case, while the claims against Justin Sun and the affiliated foundations are dismissed. This outcome signals that enforceable penalties can be levied even as broader questions about token-based securities persist. The timing aligns with a period of heightened regulatory attention on crypto assets and ongoing policy debates about how to classify and regulate tokens used to coordinate decentralized networks and fundraising activities. The case, therefore, stands as a practical example of how settlements can resolve specific enforcement actions while leaving open questions about the definitive boundaries of securities laws in the rapidly evolving token economy.
For observers tracking regulatory signals, the decision adds a data point in the broader context of enforcement strategy that seeks to balance investor protection with the continued growth of blockchain-based ecosystems. It also reinforces the notion that settlement terms can provide a clear path forward for involved projects while regulators continue to pursue further clarity on how token issuances should be structured and disclosed. As the market digests this outcome, market participants will look for guidance on disclosures, registration considerations where applicable, and how future actions might delineate the permissible scope of token-related activities within established ecosystems.
Crypto World
Strange New Chinese AI ‘KIMI’ Predicts the Price of XRP, Ethereum and Dogecoin by the End of 2026
When you plug in a special prompt into AI chatbots, KIMI AI reveals some frankly unbelievable 2026 price projections for top cryptocurrencies.
Markets seem unfazed by the US/Iran war news, a sign that much of the geopolitical risk was absorbed earlier in the year, following aggressive sell-offs triggered by comments from former President Trump regarding possible U.S. military actions linked to Greenland and Iran.
While it’s still early days, crypto’s recovery may actually be on a firm footing.
Here’s why KIMI AI believes XRP, Ethereum and Dogecoin will gain the most.
XRP ($XRP): KIMI AI Forecasts a 6x Move Within 10 Months
In a recent update, Ripple reaffirmed XRP ($XRP) remains central to its vision of establishing the XRP Ledger (XRPL) as a global, enterprise-grade payments infrastructure.
Thanks to near-instant transaction finality and minimal fees, XRPL could secure an early foothold in two of crypto’s fastest-growing verticals: stablecoins and tokenized real-world assets.
XRP is currently trading near $1.41, and KIMI predicts a potential rally toward $8 by New Year, representing a sixfold gain from current levels.
XRP’s relative strength index (RSI) is holding close to a neutral 50, while price action has converged with the 30-day moving average, indicating the downturn may be exhausted.
Hitting $8 depends on rising institutional participation following the rollout of U.S.-listed XRP ETFs, Ripple’s expanding international partnerships, and the passage of the CLARITY Act through Congress later this year.
Ethereum (ETH): KIMI AI Sees ETH at $7.500
Ethereum ($ETH) remains the foundation of decentralized finance thanks to an early lead in sophisticated smart contracts.
With a market capitalization of $251 billion and roughly $53 billion locked on chain, Ethereum is the primary settlement layer for blockchain economic activity.
Its strong security record, leadership in stablecoin issuance, and early traction in real-world asset tokenization position Ethereum for increased institutional adoption post-CLARITY.
Regulatory clarity remains a key variable. Institutions require it to deploy larger allocations on Ethereum.
ETH is currently trading below $2,000, with significant resistance expected near $5,000, close to its all-time high of $4,946.05 last August.
KIMI’s scenario suggests that a confirmed breakout above $5,000 could open the door to $7,500 ETH before Christmas.
Dogecoin (DOGE): DOGE to $1? KIMI AI Thinks the Real Target is 3x That!
Originally launched as a joke in 2013, Dogecoin ($DOGE) is now a mature digital asset with a market capitalization around $14 billion, accounting for nearly half of the $32 billion meme coin sector.
DOGE last set an all-time high of $0.7316 during the retail-driven bull market of 2021.
The $1 milestone has long been a psychological target for the Dogecoin community, and KIMI’s outlook suggests that a strong bull cycle could push DOGE close to, or beyond, that level.
From its current price just under $0.10, a move toward $2.80 or higher would represent a 28x return, or 2,700%.
Adoption and utility continue to grow.
Tesla accepts DOGE for select merchandise, while major fintech platforms including PayPal and Revolut now support Dogecoin transactions, reinforcing its real-world utility.
SUBBD (SUBBD): If Altseason is Here, then SUBBD is KING
If the above cryptos follow KIMI’s projected course, then one new token that presale watchers expect will surge alongside them is SUBBD ($SUBBD), an AI-integrated content platform likely to disrupt the $85 billion creator economy.
SUBBD empowers creators with better revenue tools while offering fans more meaningful engagement.
Unlike traditional subscription platforms, which often charge creators up to 20% in fees while limiting community control, SUBBD eliminates intermediaries.
This decentralized approach has already sparked interest, raising $1.5 million during its ongoing presale.
Fans also benefit from an exclusive access ecosystem, including token-gated content, early releases, and member-only discounts, all fostering deeper connections between creators and their supporters.
To stay updated, you can follow SUBBD across X, Telegram, and Instagram, or join the ongoing presale directly through their website.
Visit the Official SUBBD Website Here
The post Strange New Chinese AI ‘KIMI’ Predicts the Price of XRP, Ethereum and Dogecoin by the End of 2026 appeared first on Cryptonews.
TLDR:
- RLUSD’s market cap has more than doubled in six months, per Sentora’s announcement this week.
- The Sentora vault on Morpho accepts five collateral types: cbBTC, weETH, wstETH, sUSDe, SyrupUSDC.
- Morpho runs as a permissionless lending network, letting curators set their own risk parameters.
- The RLUSD vault is live on Ethereum, with Sentora acting as the designated vault curator.
Ripple’s RLUSD stablecoin now has a dedicated lending vault on Morpho. Sentora, a DeFi vault curator, launched the product this week.
The vault allows users to supply RLUSD and earn yield through curated lending markets. It marks another step in pushing RLUSD deeper into on-chain financial infrastructure.
Sentora Builds Curated Lending Market Around RLUSD on Morpho
RLUSD has grown steadily since its launch. Its market cap has more than doubled over the past six months, according to Sentora. Much of that growth ties directly to expanding its presence across DeFi protocols and multichain deployments.
The new Morpho vault adds a structured lending venue to that effort. Users deposit RLUSD into the vault. Borrowers can then access that liquidity by posting approved collateral through Morpho’s lending markets.
Sentora controls the risk parameters of the vault. That includes selecting which collateral assets qualify and setting the associated lending terms.
The vault currently accepts five collateral types: cbBTC, weETH, wstETH, sUSDe, and SyrupUSDC. This spread gives borrowers flexibility while maintaining a diversified collateral base for the vault.
Morpho’s Permissionless Design Draws Institutional-Grade Activity
Morpho operates as a permissionless, non-custodial lending network. Developers and institutions can build customized lending markets directly on top of its protocol. Rather than relying on shared liquidity pools, the protocol supports curated vaults with configurable risk settings.
That design has driven fast growth. Morpho has become one of the more active lending infrastructures in DeFi, according to Sentora’s announcement.
For RLUSD, the structure offers a clean fit. Sentora manages risk. Morpho handles the underlying infrastructure. Suppliers access yield. Borrowers access stablecoin liquidity.
The vault is now live on Ethereum. Sentora published the contract address and a direct link to the Morpho app interface in its announcement posted on X.
Morpho also flagged the launch on its own X account, describing it as new utility for RLUSD and calling attention to Sentora’s role as curator.
The move signals continued momentum for RLUSD beyond its original issuance role. Stablecoins increasingly function as active settlement assets within DeFi, not just passive stores of value. The Sentora vault adds a concrete use case to that trend.
Kraken-backed xStocks has launched a new on-chain trading engine designed to connect traditional equity liquidity with decentralized finance infrastructure.
Summary
- xStocks introduced xChange, an on-chain trading engine for tokenized stocks.
- Users can trade 70+ tokenized equities across Ethereum and Solana.
- The platform has already recorded $3.5B on-chain volume, $25B total trading volume, and 80,000 holders.
In a March 5 announcement, Kraken said its tokenized equity platform xStocks has introduced xChange, an execution layer that allows users to trade tokenized stocks directly on-chain across Ethereum (ETH) and Solana (SOL).
xChange allows trading of more than 70 tokenized equities on-chain while keeping prices aligned with real-world public market data.
On-chain trading engine connects liquidity across Ethereum and Solana
Each tokenized stock on xChange is fully collateralized and backed 1:1 by underlying shares held in custody, ensuring transactions represent actual equity exposure rather than synthetic derivatives.
The system introduces atomic settlement, meaning every trade either executes completely at the quoted price or does not execute at all. Partial fills are avoided, giving traders predictable execution similar to traditional market infrastructure.
The trading engine also connects on-chain markets with traditional equity liquidity. Real-time pricing mechanisms link tokenized equities to public market depth, which can tighten spreads and improve execution quality while keeping settlement on the blockchain.
Tokenized equities adoption grows across DeFi platforms
xChange builds on the growth of tokenized equities since the launch of xStocks in June 2025. According to the company, the platform has recorded over $3.5 billion in on-chain transaction volume, alongside $25 billion in total trading volume across exchanges.
Tokenized assets on-chain now exceed $225 million, with more than 80,000 unique on-chain holders interacting with the ecosystem.
The new execution layer operates 24 hours a day, five days a week, allowing tokenized stock trading beyond traditional exchange hours. This extended availability gives DeFi applications and global users access to equities even when traditional stock markets are closed.
Val Gui, general manager of xStocks, said the system brings traditional market liquidity onto blockchain infrastructure while turning tokenized equities into programmable digital assets that can be integrated into DeFi applications.
The approach combines public market pricing with blockchain settlement, allowing tokenized stocks to move across decentralized applications while maintaining exposure to underlying equities.
OKX is now valued at $25 billion following an investment from NYSE’s parent company.
One of the world’s most popular cryptocurrency exchanges, OKX, was valued at a whopping $25 billion following its latest round of investments.
According to reports, the Intercontinental Exchange, which is the parent company of the New York Stock Exchange, acquired a minority stake in the crypto trading firm.
It also places OKX well above recent market entrants such as Bullish and Gemini, currently sitting at $5.39 billion and $1 billion, respectively.
As soon as the news broke out, the price of OKB (the native cryptocurrency of the OKX ecosystem) went vertical. It skyrocketed by a whopping 37% in a matter of minutes.
The move is the last in a series of deepening institutional involvements in the cryptocurrency industry. As CryptoPotato reported earlier, Morgan Stanley also filed for its own Bitcoin Trust ETF, while Kraken – a US-based crypto exchange, became the first to receive a Fed Master Account.
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Like the SEC, the derivatives trading regulator, the CFTC, is also working to regulate prediction markets.
The United States Securities and Exchange Commission (SEC) has inched closer to creating guardrails to ascertain how cryptocurrencies are regulated.
In a recent commission-level guidance submitted to the White House’s Office of Information and Regulatory Affairs (OIRA), the SEC outlined how securities laws can be applied to crypto. If followed, the new guidelines could affect how crypto-focused companies register and operate their businesses in the country.
New Guidelines for Crypto Market
According to the OIRA’s website, the guidance was labeled as the “Application of the Federal Securities Laws to Certain Types of Crypto Assets and Certain Transactions Involving Crypto Assets.”
The website shared sparse details about the SEC’s proposal. Still, an SEC spokesperson informed Bloomberg that the financial agency “will consider interpretive guidance around a token taxonomy for crypto assets.” This means that factors such as a crypto’s inherent properties, behavior, and use cases would be considered to determine whether securities laws apply or not.
With these guidelines in place, crypto firms would know how to proceed with registration, operations, and investor engagement. It is worth noting that commission-level guidance has more power than staff-level guidance. Still, it falls short of the requirements to become a rule, which include processes such as public notice and comment.
The latest move aligns with Paul Atkins’ goal of bringing crypto-friendliness to the country since he became the SEC chairman. A few weeks ago, he hinted at the agency’s commitment to establishing structural crypto regulations despite falling cryptocurrency prices.
CFTC Calls for Regulation of Prediction Markets
The SEC is not the only Wall Street regulator advocating for a crypto-friendly regulatory framework. On March 2nd, the Commodity Futures Trading Commission (CFTC) submitted a measure to the White House’s OIRA on prediction markets.
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Michael Selig, the CFTC chairman, shed some light on the prediction markets’ measure, saying:
“We’re going to be setting very clear standards as to what can be self-certified in our markets and what cannot and how to evaluate the different products that are offered in the space.”
The CFTC’s latest move comes amid heightened attention investors give to prediction markets, popularized by leading platforms Polymarket and Kalshi.
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OpenAI’s latest financial-services tools plug ChatGPT into FactSet, Third Bridge, Excel, and Google Sheets, laying the groundwork for AI agents that can treat crypto as just another institutional asset class.
Summary
- Tools let finance professionals pull data, run models, and draft memos directly in ChatGPT.
- The same setup can be wired into crypto market and on-chain data, lowering the barrier to automated strategies.
- OpenAI’s broader push into financial workflows positions AI as core infrastructure for both tradfi and digital assets.
OpenAI’s move to wire ChatGPT directly into FactSet, Third Bridge, and spreadsheet environments is being sold as a play for banks, asset managers, and research shops, but the architecture is asset-agnostic.
Once you have an AI layer that can ingest institutional data, build models, and draft investment memos, swapping equities for Bitcoin (BTC), Ethereum (ETH), or alt liquidity pools is just a matter of pointing the same stack at different feeds: exchange APIs, on-chain analytics, and derivatives venues.
OpenAI’s broader agent framework is already being used alongside crypto APIs to automate portfolio rebalancing, yield monitoring, and strategy execution, turning what used to be bespoke quant and dev work into something closer to configuration. That lowers the barrier to running systematic strategies in DeFi and centralized venues, and it pushes crypto trading desks to look more like lean, AI-augmented quant pods than discretionary shops.
At a higher level, the company is positioning itself as middleware for financial workflows, not just a chatbot, embedding AI into risk, reporting, and decision-making across fintech and banking. If that stack becomes standard, crypto will be pulled into the same pipelines, priced and risk-managed by the same agents that handle equities and credit, with human analysts increasingly supervising rather than building models from scratch. For digital assets, the signal is clear: the real AI trade is not another token launch, but the quiet normalization of crypto inside an AI-native financial operating system.
Crypto World
ZeroHash applies for national trust bank charter to expand regulated stablecoin services
ZeroHash, which develops behind-the-scenes crypto infrastructure for businesses, said it applied for a National Trust Bank Charter from the U.S. Office of the Comptroller of the Currency (OCC), looking to operate under federal regulatory oversight.
If approved, the charter would give ZeroHash permission to issue stablecoins, custody digital assets and manage reserves under direct federal oversight. It would not be allowed to take customer deposits or engage in commercial lending.
That status could allow the Chicago-based company, which already holds licenses in 51 U.S. jurisdictions and operates internationally, to expand its stablecoin and digital asset services under a single federal framework, rather than navigating a patchwork of state-by-state rules.
ZeroHash is following a path forged by a number of other crypto companies. In the past month, several firms have received initial approval for national bank trust charters. These include Stripe’s stablecoin firm Bridge and cryptocurrency exchange Crypto.com. In December, Circle Internet (CRCL), Ripple, Paxos, Fidelity Digital Assets and BitGo all received similar approvals.
Founded in 2017, ZeroHash’s platform enables companies to embed stablecoins and digital asset functionality into services like payments, trading and payroll.
Clients include financial heavyweights like Morgan Stanley, Interactive Brokers, Stripe and Franklin Templeton.
In practical terms, a federal trust charter would let ZeroHash offer services that align with recent legislative developments, including provisions in the Genius Act, which clarifies the legal treatment of stablecoins in the U.S.
The OCC is now reviewing the application. No timeline for approval has been given.
Goldman Sachs CEO Surprised by Stock Market Reaction to Iran. He’s Not Wrong to Worry.
WhiteBIT Coin ($WBT) Officially Listed on Kraken Exchange, Highlighting Its Growing Recognition
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