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EDX seeks OCC trust bank charter for institutional crypto custody

EDX Markets has applied for a trust bank charter from the Office of the Comptroller of the Currency (OCC) to offer institutional crypto custody services. This move aims to enhance the regulatory framework for digital asset custody and provide a secure environment for institutional investors. EDX's initiative reflects a growing trend among financial institutions to integrate cryptocurrency services while adhering to regulatory standards. If approved, the charter would enable EDX to operate as a federally regulated trust bank, potentially increasing confidence in crypto custody solutions.

Read the full article: Coin Telegraph

Kalshi see valuation double to $22B after $1B raise as prediction markets boom

Kalshi, a prediction market platform, has seen its valuation double to $22 billion following a $1 billion funding round. The surge in interest in prediction markets has contributed to this significant increase in valuation. The funding will be used to expand Kalshi's operations and enhance its market offerings.

Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling

Bitcoin has dipped below $80,000, marking a significant price drop. However, weekly inflows into Bitcoin exchange-traded funds (ETFs) have reached a four-month high, which could help mitigate further selling pressure. This surge in ETF investments suggests growing institutional interest in Bitcoin, potentially stabilizing its price. Analysts are monitoring these

Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares

Fund managers are increasingly investing in Bitcoin as market sentiment in the cryptocurrency sector shows signs of recovery, according to a report by CoinShares. In the latest week, Bitcoin investment products saw inflows of $25 million, marking a significant shift in investor confidence. This trend follows a period of prolonged

Privacy and accountability can coexist onchain, say panelists at Consensus Miami

At the Consensus Miami conference, panelists discussed the balance between privacy and accountability in blockchain technology. They emphasized that while privacy is crucial for user protection, it should not hinder accountability in the ecosystem. The discussion highlighted the importance of transparent practices that still respect individual privacy rights. Experts suggested

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Kalshi see valuation double to $22B after $1B raise as prediction markets boom

Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling

Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares

Privacy and accountability can coexist onchain, say panelists at Consensus Miami