Topic: Crypto

• Bitcoin rebounds to $83,000 as chip stocks lead broad market recovery amid geopolitical crosscurrents

  Crypto and equity markets snapped multi-session selloffs while traders weighed a U.S. sanctions pause on Russia, Middle East airspace warnings, and a late-stage Israeli election endorsement.

• Community Banks Sue OCC Over Crypto Trust Bank Charters

  Community banks sue OCC over granting trust bank charters to crypto firms, citing regulatory concerns.

• Blast 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.

• SEC Crypto Custody Proposal Tests Self-Custody Against Investor Safeguards

  The SEC proposal would let advisers self-custody crypto only when permitted custodians are unavailable, while industry and investor-protection groups split over whether the guardrails are workable.

• The 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.