🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Stablecoin Issuer Bastion Gets Conditional Approval for OCC Banking License — WSJ

Stablecoin Issuer Bastion Gets Conditional Approval for OCC Banking License — WSJ

By Jasmine LiStablecoin issuer Bastion received conditional approval for a national trust bank charter on Friday, opening the door to the traditional financial system.The license from the Office of the Comptroller of the Currency enables Bastion, pitched as a stablecoin partner for large enterprises…

Ex-BOE deputy Cunliffe joins board of blockchain company Fnality 

Ex-BOE deputy Cunliffe joins board of blockchain company Fnality 

Blockchain company Fnality has appointed former Bank of England deputy governor Jon Cunliffe as chair of its UK board, and Jochen Metzger, a former director general at Germany's central bank, to the supervisory board of its German entity, the company said in a statement on Thursday.UK-based Fnality,…

South Korea sentences Delio CEO to 15 years in prison for $50 million crypto fraud: report

South Korea sentences Delio CEO to 15 years in prison for $50 million crypto fraud: report

South Korea has reportedly sentenced Delio CEO Jeong Sang-ho to 15 years in prison on cryptocurrency fraud charges.According to local news outlet Newsis, the Seoul Southern District Court, presided over by Judge Jang Chan, found Jeong guilty on most charges of defrauding customers of roughly 70 bill…