CryptoCommunity Banks Sue OCC Over Crypto Trust Bank Charters
Community banks sue OCC over granting trust bank charters to crypto firms, citing regulatory concerns.
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CryptoBlast Shuts Down Ethereum Layer Network After Economic Unviability
According to CoinDesk, Blast said it will shut down after concluding that its Ethereum layer-2 network no longer makes economic sense to operate.
CryptoSEC Outlines Crypto Custody Rules and Clarifies Token Buyback Treatment
The SEC proposes new crypto custody rules for investment advisers and funds, and it will allow advisers to self-custody client assets, according to CoinDesk.
CryptoThe Fed’s stablecoin plan asks whether a backed token can be redeemed
The Federal Reserve has proposed reserve and redemption rules for issuers it supervises, plus a separate bank application process. The rules are open for comment, not in force.