WorldPingRain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them.
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CFTC joins SEC in proposing crypto framework after failed CLARITY vote
Advocacy group pushes back on banks’ lawsuit against OCC over charters
Modern Treasury seeks US trust bank charter for digital asset custody
Rain seeks US trust bank charter days after OCC sued over crypto charters
Greek Police Bust Alleged $9M AI Crypto Scam That Promised to Double Money
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
The original report was published by Cointelegraph. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at CointelegraphLiving hubs that keep updating as this story develops.
WorldPingThe payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingCCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback from some lawmakers.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingCFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingFinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingGreek police dismantled an unauthorized cryptocurrency pyramid scheme that defrauded over 10,000 investors of approximately $9 million in total by promising to double their money in 50 days via automated artificial intelligence (AI) trading.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingInvestors face rising scams built on personal trust and borrowed authority as regulators across six continents participate in World Investor Week.
Brief by WorldPing · Original reporting by Bitcoin.com
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