Charles Schwab announces that SCHW crypto clients will soon be able to buy and sell Solana (SOL), Avalanche (AVAX), and Chainlink (LINK).
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Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
Visa, Mesh partner to enable crypto spending at 175M merchant locations
Mesh will connect crypto and stablecoin wallets to Visa’s global payment network, allowing users to spend digital assets without a separate card.
FSB urgest Turkey to tighten crypto oversight, set stablecoin rules
The Financial Stability Board cited progress on crypto licensing and urged stronger enforcement and cooperation with foreign regulators.
Goldman, Citi and Global Banks Commit $270 Million to Challenge Crypto’s Stablecoin Giants
The funding, backing a U.S.-incorporated issuer codenamed “Project Faro,” covers five years of operations as traditional lenders move to challenge crypto-native giants Tether and Circle.
Ex-Trump crypto adviser profited after helping pass stablecoin bill: WSJ
The Wall Street Journal reported that a company co-founded by Bo Hines benefited from the passage of the GENIUS stablecoin bill.
Deutsche Bank launches crypto custody for companies and institutions
Clients can store and transfer Bitcoin, Ether and select stablecoins through the bank, which manages their wallets and private keys.