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OCC Opens National Bank Path for Crypto Firms, Sparking Bank Lobby Pushback
OCC Opens National Bank Path for Crypto Firms, Sparking Bank Lobby Pushback

The OCC says crypto firms should have a path to becoming national banks, formalizing what has been case-by-case approval as agency doctrine, while bank lobbies consider a lawsuit against the agency.

Harmony's ONE Drops 26% After Exploit Mints 4B Tokens
Harmony's ONE Drops 26% After Exploit Mints 4B Tokens

Harmony’s ONE token plunged 26% after an apparent exploit minted 4 billion tokens, prompting exchange freezes and consideration of a blockchain rollback.

SEC Votes on Reg Crypto, First-Ever Crypto Fundraising Rules, Up to $75M
SEC Votes on Reg Crypto, First-Ever Crypto Fundraising Rules, Up to $75M

The US Securities and Exchange Commission has called a meeting to discuss Regulation Crypto, its first formal ruleset for crypto, a new dedicated offering regime for crypto fundraising, on August 14th.

Goldman Sachs to Buy Neos in $2.25B Deal for Crypto Income ETFs
Goldman Sachs to Buy Neos in $2.25B Deal for Crypto Income ETFs

Goldman Sachs will acquire Neos Investments for up to $2.25 billion, adding three Bitcoin and Ethereum options-income ETFs to its asset management business.

Coinbase Wins UAE License to Launch Tokenized Securities Hub
Coinbase Wins UAE License to Launch Tokenized Securities Hub

Coinbase secures a UAE financial-services license to build a regulated tokenization hub and global derivatives center in Abu Dhabi.

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