Ferrari is making a pit stop in crypto, but only for its VIP clientele. The Italian automaker plans to issue a “Token Ferrari 499P” that its 100 most exclusive customers can use to bid …
Race
Sony Bank files for a national trust charter to issue stablecoins, as Anchorage Digital expands its banking services. The U.S. crypto banking sector is heating up as Japan-based Sony Bank, a subsidiary of the …
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to …
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Elon Musk Praises Bitcoin’s Inflation-Proof Model Amid AI Arms Race
by adminby adminBillionaire entrepreneur and Tesla CEO Elon Musk touted Bitcoin’s ability to protect investors from fiat money printing, which may increase due to what analysts call a forthcoming government-funded race to develop artificial intelligence. Musk …
Stablecoin Issuers Race for US Bank Charters as Stripe’s Bridge Joins the Queue
In brief Bridge, Stripe’s stablecoin arm, has applied to the OCC to form a national trust bank under the GENIUS Act. The charter would place its stablecoin issuance and reserves under a unified federal …