πΊπΈJUST IN: Ripple CEO Brad Garlinghouse says the OCC has given final approval for Ripple National Trust Bank, creating a federally supervised home for $RLUSD and enterprise crypto custody.
π―π΅BIG: BlackRock signs an MOU with SBI Holdings and Startale to explore linking tokenized money market funds with JPYSC, a yen-backed stablecoin, to push onchain finance in Japan.
π¨TODAY: Coinbase CEO Brian Armstrong says that while lab-grown diamonds boom and alchemy-made gold nears reality, Bitcoinβs 21M cap stays untouchable.
βYou canβt invent anything that will increase Bitcoin supply.β
π₯NEW: Hong Kong-based Redotpay is reportedly weighing a confidential US IPO filing by year-end while also discussing a pre-IPO round at a $4Bβ$5B valuation, per Bloomberg.
πΊπΈ JUST IN: The crypto industry has spent roughly $176M across more than 100 US midterm races, seeking to build bipartisan support in Congress, per Reuters.
πΊπΈ JUST IN: Trump says he will ban the term βartificial intelligenceβ from relevant documents, calling it inaccurate and advocating βsuper intelligenceβ instead.
β‘οΈBRIAN ARMSTRONG: βAll asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come.β