🇺🇸JUST 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.
🇯🇵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.
🔥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 $4B–$5B valuation, per Bloomberg.
🇺🇸 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.
🇺🇸 JUST IN: Trump says he will ban the term “artificial intelligence” from relevant documents, calling it inaccurate and advocating “super intelligence” instead.
⚡️BRIAN ARMSTRONG: “All asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come.”
🚨ALERT: Solflare’s validator has stopped producing SOL staking rewards after a security incident at its staking provider affected the validator keys, though the wallet says user funds are safe.