Tag: Cryptocurrencies
The OCC granted preliminary conditional approval on Aug. 14, 2026, for World Liberty Trust Company to operate as a national trust bank.
The charter would allow the firm to assume issuance of the USD1 stablecoin from BitGo and offer digital asset custody to institutional clients.
Final approval remains contingent on meeting preopening requirements, including capital and compliance standards.
USD1 ranks among the larger dollar-backed...
Unchained Summit India Debuts in Mumbai as Capital, Markets and Web3 Converge
Written on .
Mumbai, India, 12 August 2026 — Unchained Summit will make its India debut on 5–6 November 2026 in Mumbai, bringing together global and Indian leaders across financial markets, digital assets, trading, Web3 and emerging technology.
Following editions in Dubai and Vietnam, the third edition of Unchained Summit will bring founders, investors, active traders, wealth and financial-market participants, global blockchain companies, technology...
Tether Completes First Full Audit by KPMG With Unqualified Opinion on 2025 Financials
Written on .
KPMG U.S. issued an unqualified opinion on Tether International’s full 2025 financial statements.
Audited reserves exceeded liabilities by $6.814 billion as of Dec. 31, 2025.
KPMG physically counted and inspected every gold bar in Tether’s holdings.
CEO Paolo Ardoino described the milestone as a defining moment for the stablecoin industry.
Stablecoin giant Tether announced on Aug. 13 that KPMG U.S. has completed a full independent audit of...
Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs
Written on .
Goldman Sachs has agreed to acquire NEOS Investments in a cash-and-equity deal valued at up to $2.25 billion, subject to performance targets.
The transaction adds NEOS’s $30 billion in options-based income ETFs, including bitcoin and ether high-income products, to Goldman Sachs Asset Management.
NEOS’s flagship Bitcoin High Income ETF (BTCI) holds roughly $1.1 billion in assets and uses a covered-call strategy on bitcoin ETPs.
The...
Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion
Written on .
Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 at an average price of $64,262
Bitcoin holdings fell to 840,447 BTC with an average acquisition cost of $75,385
The firm raised $653.1 million via MSTR share sales and added $650 million to its USD reserve, reaching $4.65 billion
BTC sale proceeds funded the repurchase of 1,152,020 STRC preferred shares
Bitcoin treasury company Strategy sold 1,690 BTC...


