Key Highlights: JPMorgan increased its stake in Strategy by 36%, according to regulatory filings. The bank disclosed approximately $540 million in Bitcoin ETF holdings, including an expanded position in BlackRock’s spot Bitcoin ETF. Strategy faces uncertainty as MSCI reviews how companies with large digital asset treasuries should be classified in its indexes. JPMorgan Expands Exposure ...
Key Highlights: Sen. Elizabeth Warren challenged at least nine crypto trust-charter approvals by the Office of the Comptroller of the Currency. Warren requested approval applications, legal analyses and communications involving OCC officials, the White House and the Trump family. Sen. Richard Blumenthal sought records from Binance, Tether and two Trump-linked ventures, setting a Jan. 4, ...
Key Highlights A 181-182-page Democratic policy blueprint names Coinbase CEO Brian Armstrong and World Liberty Financial as potential subjects of congressional hearings. The document examines companies and individuals with ties to Donald Trump, including Tesla, Apple, and Amazon, over possible favoritism and favorable treatment. Coinbase received full U.S. trust charter approval on November 9, 2026, ...
Key Highlights A Louisiana court has temporarily barred Kalshi, Polymarket, Coinbase, Robinhood and affiliated entities from offering prediction market contracts to state residents without a valid gaming license. The order prohibits the companies from operating, listing, accepting, settling, brokering or facilitating event contracts involving Louisiana residents. Covered activities include contracts tied to sports, elections, awards ...
Key Highlights Ripple USD ($RLUSD) surpassed PayPal USD ($PYUSD) in market capitalization after its supply rose above $2.71 billion. $RLUSD supply increased more than 86% from $1.336 billion at the start of 2026 to about $2.49 billion in late September. Coinbase now supports $RLUSD trading and management across Coinbase Prime, Coinbase Exchange and the Coinbase ...
Key Highlights OKXICE is preparing to launch as the second platform operating under the SEC’s five-year “innovation exemption” for trading tokenized equities via automated market makers. A massive wave of corporate objections forced OKXICE to drastically alter its original roster, with roughly 90% of targeted companiesāincluding Apple, Microsoft, and Nvidiaāopting out. The revised asset lineup ...
Key Highlights: The CFTC issued a staff no-action letter allowing derivatives clearinghouses to use state and national trust companies for daily settlements, bridging a gap between federal commodities law and CFTC regulations. Major cryptocurrency firms, including Coinbase, BitGo, Ripple, Circle, and Crypto.com, are rapidly expanding institutional settlement, custody, and trading capabilities under federally regulated trust ...
Key Highlights Options market data reveals an implied one-standard-deviation (1Ļ) move of Ā±9.7% for XRP, leading Solana, Ethereum, and Bitcoin in expected near-term volatility. Coinbase observed that XRP exhibits a substantial premium to its typical price action, pointing out that “$XRP carries the widest premium to its median 7d move (1.97Ć).” Trading at $1.06 following ...
Key Highlights: Major digital asset and trading firmsāincluding Coinbase, Kalshi, Kraken parent Payward, DRW Holdings, Jump Trading, and Paradigmāhave filed a letter backing the CFTC in federal court. The coalition supports the CFTC against a lawsuit filed by the Capital Markets Alliance (CMA), a group representing traditional finance heavyweights such as Citadel Securities and Cboe. ...
Key Highlights: Coinbase has obtained regulatory authorization for a National Trust Bank charter, enabling federal crypto custody and stablecoin management operations. The national trust status prohibits Coinbase from accepting retail deposits or issuing traditional commercial loans. Traditional banking advocates, including the Independent Community Bankers of America, are challenging the Office of the Comptroller of the ...
Key Highlights: Major cryptocurrency firms, including Coinbase, Ripple, and Circle Internet Group, are integrating into federal banking oversight through Office of the Comptroller of the Currency (OCC) national trust bank charters. A series of preliminary and final clearances under President Donald Trumpās administration and the GENIUS Act have extended federal trust status across stablecoin management, ...
Key Highlights: PNC is advancing its digital asset strategy following a foundational partnership formed with cryptocurrency exchange Coinbase in July 2025. The collaboration previously introduced Bitcoin trading for qualified PNC Private Bank clients and mirrors similar institutional stablecoin payment programs, such as Citi’s integration via Spring by Citi. Market metrics show USDC maintaining its role ...