1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

In The Zone '98

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Five digital asset firms have received conditional approvals Friday to become federally chartered banks by the Office of the Comptroller of Currency (OCC) in a major step to bring U.S. dollar stablecoin issuers under federal regulatory oversight.
Blockchain firm Ripple and Circle's (CRCL) First National Digital Currency Bank are on the list, which also includes BitGo, Fidelity Digital Assets and Paxos, each having previously operated under state charters that will be converted to conditional federal status.

 

In The Zone '98

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  • The SEC granted DTC a rare no-action letter, clearing the way for tokenizing major US market assets.
  • The tokenization service will launch in late 2026 and run on pre-approved blockchains for three years.
  • The move signals a broader regulatory shift as the SEC shows greater openness to blockchain-based financial infrastructure.

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