Crypto Banks
Wise to Resubmit US Bank Charter Application Under GENIUS Act
Wise's application for a US national trust bank charter was denied by the OCC due to compliance issues, prompting the company to plan a resubmission under the GENIUS Act.
RWAs
Kweather, Flare Launch Pilot to Tokenize Weather Data for Derivatives
South Korean weather platform Kweather and blockchain network Flare have launched a pilot project to bring meteorological data on-chain, exploring tokenized weather derivatives and real-world asset (RWA) opportunities.
Regulation
Fidelity Urges Senate to Pass CLARITY Act for Digital Asset Rules
Fidelity Public Policy recently urged the U.S. Senate to pass the CLARITY Act, advocating for a clear regulatory framework for digital assets to enhance investor confidence and U.S. market leadership.
RWAs
Robinhood Chain Tokenized RWAs Surge Fivefold to $70M
Robinhood Chain's tokenized real-world assets have jumped fivefold to approximately $70 million, with daily trading volumes for tokenized stocks reaching $55 million.