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Rain seeks US trust bank charter days after OCC sued over crypto charters

Rain seeks US trust bank charter days after OCC sued over crypto charters
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them. Stablecoin payments infrastructure provider Rain has filed an application to establish a national trust bank headquartered in New York, adding to a wave of crypto companies seeking bank charters over the last year. Rain said Monday it filed the application with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank.

πŸ“° CoinTelegraph

#AI #CryptoAI #CryptoNews
πŸ“’ @Coindce
πŸ“‘
Polymarket Takes Dutch Gambling Regulator to Court Over Its Ban

Polymarket is asking a Dutch court to overturn the Netherlands’ ban on its prediction market, arguing it offers financial products that belong under the country’s markets watchdog – an argument the regulator has already rejected. Polymarket Takes Dutch Gambling Regulator to Court Over Its Ban
Key Takeaways
- Polymarket is challenging the Dutch ban in court, arguing it sells derivatives rather than bets. - The KSA moved to collect a €420,000 ($471,000) penalty after ruling Polymarket blocked Dutch users too late.

πŸ“° Bitcoin.com

#CryptoNews
πŸ“’ @Coindce
🌞
Solana Debuts Institutional Settlement Standard With J.P. Morgan Input

In brief
- The Solana Foundation launched Solana DvP, an open-source escrow program giving financial institutions a standardized API for delivery-versus-payment settlement, released under the MIT license with input from J.P. - The tool compresses the multi-day clearinghouse-and-custodian process into a single atomic transaction where both the asset and payment settle together or neither does. - It builds on Solana's growing institutional pull in tokenized assets.

πŸ“° Decrypt

#Solana #SOL #CryptoETF #Institutional #CryptoNews
πŸ“’ @Coindce
πŸ‹ Large BTC Transfer Detected

β‚Ώ Amount: 119 BTC (~$10M)
πŸ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
πŸ“’ @Coindce
πŸ˜„ Crypto Fear & Greed Index

73/100 β€” GREED
β–ˆβ–ˆβ–ˆβ–ˆβ–ˆβ–ˆβ–ˆβ–‘β–‘β–‘

Greed building β€” stay alert

#FearAndGreed #CryptoSentiment #Crypto
πŸ“’ @Coindce
🟠
Coinbase’s Ryan VanGrack: CFTC Approval β€œOpens Many Doors” for Bitcoin

The SEC’s proposed custody rules could make it easier for investment advisors to help clients own Bitcoin directly. Coinbase’s Ryan VanGrack explains why institutional capital tends to flow where there are clearer rules, and why he sees direct ownership and ETFs as β€œboth and, not either or.” He also shares why traditional finance is accelerating its push into Bitcoin and digital assets. Chapters:
00:00 Coinbase Wins CFTC Approval for Its Own Clearinghouse
01:29 Can SEC Guidance Last Without the Clarity Act?

πŸ“° Bitcoin Magazine

#Bitcoin #BTC #CryptoNews
πŸ“’ @Coindce
πŸ“‘
ZachXBT Infiltrates Crypto Syndicate Tied to $1.5B Bybit Hack

The blockchain sleuth revealed that he infiltrated a Chinese crypto money laundering group following the theft of over $1.5 billion by North Korean hackers in 2025. ZachXBT stressed that this incursion allowed him to gather intelligence and helped freeze assets coming from this illicit activity. ZachXBT Infiltrates Crypto Syndicate Tied to $1.5B Bybit Hack
Key Takeaways
- ZachXBT went undercover in a Chinese syndicate that laundered over $1B in crypto for the Lazarus Group.

πŸ“° Bitcoin.com

#CryptoSecurity #CryptoNews
πŸ“’ @Coindce
πŸ“‘
FinCEN Withdraws Rules Targeting Crypto Wallets and Mixers

Under the 2020 wallet proposal, transfers above $3,000 tied to a self-hosted wallet would have meant record-keeping and ID checks at banks.

πŸ“° CryptoPotato

#CryptoNews
πŸ“’ @Coindce
πŸ‹ Large BTC Transfer Detected

β‚Ώ Amount: 284 BTC (~$24M)
πŸ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
πŸ“’ @Coindce
πŸ“‘
Bitcoin ETFs shed $90M as BTC sits 32% below year-old ATH

Since then, cumulative net inflows into US spot Bitcoin ETFs have fallen 5.8%, from around $61.3 billion to $57.7 billion as of Monday, according to SoSoValue. US spot Ether (ETH) ETFs also recorded roughly $51 million in net outflows on Monday, extending their losing streak to five consecutive trading days. The funds lost a combined $206 million throughout the streak, with cumulative net inflows standing at $13.8 billion.

πŸ“° CoinTelegraph

#Bitcoin #BTC #CryptoETF #Institutional #CryptoNews
πŸ“’ @Coindce
πŸ“‘
Visa Targets APAC Market as 46% of Consumers Plan Stablecoin Use

A Visa-commissioned study found that stablecoin adoption has room to grow in the APAC region, with nearly 50% of those polled being open to using these digital assets in the next five years. Nonetheless, awareness of what stablecoins really are and how they work is low. Visa Targets APAC Market as 46% of Consumers Plan Stablecoin Use
Key Takeaways
- A Visa study found 46% of APAC consumers plan to use stablecoins within 5 years, driving everyday use cases.

πŸ“° Bitcoin.com

#Stablecoin #DeFi #CryptoNews
πŸ“’ @Coindce
πŸ’°
Strive Adds $169M Bitcoin in Its Biggest Buy in Four Months

In brief
- Strive bought 2,000 Bitcoin between Sept. 2 at an average of about $84,422 per coin, its largest purchase since 2,500 BTC bought May 23–June 1. - Holdings reached 29,462 BTC as of Oct.

πŸ“° Decrypt

#Bitcoin #BTC #CryptoNews
πŸ“’ @Coindce
‼️
ZachXBT says he fronted $349,700 to infiltrate alleged Chinese launderers tied to Lazarus, Bybit hack

Posing as a client, ZachXBT said he gathered intelligence that helped freeze funds tied to the $1.5 billion Bybit hack.

πŸ“° The Block

#CryptoSecurity #CryptoNews
πŸ“’ @Coindce
πŸ‹ Large BTC Transfer Detected

β‚Ώ Amount: 126 BTC (~$8M)
πŸ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
πŸ“’ @Coindce
πŸ“‘
Crypto 'Godfather' Gets Six Years for Hiring Sheriff's Deputies, $37M Meta Fraud

In brief
- Adam Iza, 26, was sentenced to 78 months and ordered to pay $23.4 million in restitution. - Five former Los Angeles County Sheriff's Department deputies have been convicted over work they did for him. - The term runs concurrent to the 15-year sentence he received last month over an attempted Bitcoin robbery.

πŸ“° Decrypt

#ATH #CryptoMilestone #CryptoNews
πŸ“’ @Coindce
🚨
How ZachXBT Infiltrated a Crypto Laundering Network Handling Bybit and Other Stolen Funds

ZachXBT said that he fronted $349,700 on an undercover operation that helped uncover laundering activity linked to the Lazarus Group.

πŸ“° CryptoPotato

#CryptoSecurity #CryptoNews
πŸ“’ @Coindce
πŸ”₯ Trending on CoinGecko β€” Oct 06

1. iExec RLC (RLC) β”Š Rank #315
2. Ondo (ONDO) β”Š Rank #46
3. Pudgy Penguins (PENGU) β”Š Rank #105
4. Bitcoin (BTC) β”Š Rank #1
5. NEAR Protocol (NEAR) β”Š Rank #21
6. Hyperliquid (HYPE) β”Š Rank #11
7. Zcash (ZEC) β”Š Rank #10

#Trending #CryptoNews
πŸ“’ @Coindce
‼️
Now Accepting Bitcoin: Old Major Market Brings Artisanal Meats to 48 States

Table of Contents
The trip to Indianapolis that introduced me to Old Major Market started at Kaffeine Coffee Co. The coffee was tasty, but my real surprise was running into a local Bitcoiner who was also paying for his order in satoshis, making me feel like not such a rare breed in this fiat world. The friend I made shared about a network of Indiana merchants the Indianapolis local Indy Bitcoin Group has been orange pilling.

πŸ“° Bitcoin Magazine

#Bitcoin #BTC #CryptoNews
πŸ“’ @Coindce
πŸ”΄
Cardano (ADA) Just Broke Higher: The Data Says It Wasn’t Just Short Covering

ADA is among the top performers in the past week, surging by 10%.

πŸ“° CryptoPotato

#Cardano #ADA #CryptoNews
πŸ“’ @Coindce
‼️
Apple Cash’s Banking Partner Tightens ID Rules, Keeps Crypto Ban

As the market watches for clues about Apple’s potential crypto asset moves, the company’s banking partner is tightening its identity verification rules for Apple Cash users while leaving crypto asset-related transactions banned. Apple Cash's Banking Partner Tightens ID Rules, Keeps Crypto Ban
Key Takeaways
- Apple Cash will tighten identity verification rules for users who haven’t verified their identity. - Green Dot Bank will keep its ban on crypto asset-related Apple Cash transactions.

πŸ“° Bitcoin.com

#CryptoNews
πŸ“’ @Coindce
πŸ‹ Large BTC Transfer Detected

β‚Ώ Amount: 142 BTC (~$9M)
πŸ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
πŸ“’ @Coindce