1h ago
Coinbase Receives OCC Conditional Approval for National Trust Charter on April 2, 2026
On April 2, 2026, the U.S. Office of the Comptroller of the Currency (OCC) issued Coinbase a conditional approval for a national bank trust charter, clearing the way for it to form Coinbase National Trust Company. The trust bank would be able to custody digital assets and serve institutional clients, but it would not be allowed to take retail deposits, make loans, or operate with FDIC insurance. The decision followed an OCC rule change that took effect on April 1, 2026, expanding what national trust banks can do with digital assets.
BTC
BTC-0.13%
1h ago
1h ago
StakeStone (STO) retraces from $1.87 after 1,600% surge as whale flows shift
StakeStone (STO) jumped from $0.11 to about $1.87 in two days before sliding to roughly $0.76, after a sharp volatility spike. A newly created wallet first withdrew 25.5 million STO ($4.85 million; 11.32% of supply) from Binance, then later deposited 28 million STO ($10.12 million; 12.43% of supply) to Gate. Technical readings showed an overheated move, with RSI hitting 97.33 and Open Interest rising 344% to around $180 million.
STO
STO-78.83%
1h ago
2h ago
IMF report: Tokenization may cut friction, but stability and sovereignty risks remain
The International Monetary Fund said tokenization could reduce frictions and improve transparency in finance, while warning its overall impact on financial stability remains uncertain. The report said faster automation may intensify stress events and, in emerging markets, tokenization could aid cross-border payments and inclusion but may also amplify volatility and weaken monetary sovereignty.
ADA
ADA+2.23%
2h ago