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Circle Wins Final OCC Approval for National Trust Bank
CeFi

Circle Wins Final OCC Approval for National Trust Bank

The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under direct federal supervision. Shares rose more than 10%.
HSBC Issues First Digitally Native Structured Product in Hong Kong
TradFi & Fintech

HSBC Issues First Digitally Native Structured Product in Hong Kong

The bank placed USD-denominated notes issued directly on a blockchain, with Marketnode acting as tokenization agent and digital paying agent.
Privy Launches Global Fiat Onramps With Stripe in US, EU
TradFi & Fintech

Privy Launches Global Fiat Onramps With Stripe in US, EU

Privy pairs Stripe's Crypto Onramp for the US and EU with its own aggregator covering more than 100 other countries, all funneling into a single wallet.
PayPal's PYUSD Goes Native on Polygon, Joins Open Money Stack
TradFi & Fintech

PayPal's PYUSD Goes Native on Polygon, Joins Open Money Stack

Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.
MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal
TradFi & Fintech

MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal

The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead.
Dinari, tZERO Partner on Tokenized US Stock Framework
TradFi & Fintech

Dinari, tZERO Partner on Tokenized US Stock Framework

Dinari, an issuer of tokenized U.S. equities, and tZERO Group, a blockchain-based financial infrastructure provider, said Wednesday they are partnering to build an operating framework that would let broker-dealers offer tokenized U.S. stocks.
Strike Launches Bitcoin Loans With No Price Liquidations
CeFi

Strike Launches Bitcoin Loans With No Price Liquidations

Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…
AscendEX Halts Operations, Freezes Automated Withdrawals
CeFi

AscendEX Halts Operations, Freezes Automated Withdrawals

Crypto exchange AscendEX ceased operations effective July 1, 2026, and moved all withdrawal requests to manual review starting July 6, according to a notice posted on its website addressed to retail account holders.
SEC Adds Three Crypto Rules to 2026 Regulatory Agenda
Regulation & Politics

SEC Adds Three Crypto Rules to 2026 Regulatory Agenda

The Securities and Exchange Commission listed three crypto-focused rulemakings in its 2026 Unified Regulatory Agenda, targeting proposed rules as soon as July, according to the agency's own Agency Rule List published on reginfo.gov.
EDX Markets Closes $76M Series C Led by SBI Holdings
TradFi & Fintech

EDX Markets Closes $76M Series C Led by SBI Holdings

EDX Markets, an institutional-only crypto trading venue with its own central clearinghouse, closed a $76 million Series C funding round led by SBI Holdings, the firm said in a press release. The Tokyo-listed financial group becomes a strategic investor in the U.S. exchange. The capital will fund…