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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ripple Labs (XRP) has applied for a national banking license with the U.S. Office of the Comptroller of the Currency. The firm filed its application Wednesday and is looking to join the rush of crypto platforms entering mainstream finance, according to a Wall Street Journal report. JUST IN: Ripple applies for US banking license. — Watcher.Guru (@WatcherGuru) July 2, 2025 Being granted a national trust bank charter would also place Ripple’s RLUSD stablecoin within the OCC’s remit. Ripple would likely also consider offering other crypto services through its banking license if approved. “The dual nature of that regulation would basically have set a new bar for transparency and compliance in the stablecoin market,” said Jack McDonald, senior vice president of stablecoins at Ripple. Presently, crypto custodian Anchorage Digital is the only digital-currency firm in the country with a federal bank charter. Circle, the USDC stablecoin issuer, also recently applied for a national ba...

The price of ether (ETH) is down 39% since Eric Trump tweeted two months ago, “In my opinion, it’s a great time to add $ETH. You can thank me later.” As of Eric’s February 3 tweet — that he edited to eliminate the “You can thank me later” part — the price of ETH was around $2,877. As of publication time, ETH is trading below $1,760 after declining 39% . Even though no one should thank him, per his edited wish, he still definitely recommended the digital asset when it was definitely not “a great time to add.” From Eric Trump’s recommendation at $2,877, ETH has declined 39% to $1,760. Read more: Eric Trump removes ‘thank me later’ from ETH promo Eric has endorsed several digital assets — although none as prominently as his ETH. He has also praised bitcoin (BTC), World Liberty Financial (WLFI), Ripple (XRP), Solana (SOL), Cardano (ADA), WLFI’s upcoming stablecoin (USD1), and Donald Trump’s own Solana memecoin, TRUMP...

Igloo Inc., the digital asset incubation studio and the team behind the popular Pudgy Penguins and Lil Pudgy non-fungible token collection, has partnered with TheSoul Publishing, the award-winning company producing some of the most-watched digital content in the world, to create animated cartoon series on YouTube. In this article, we shall explore the collaboration in detail. In a February 27 blog post, TheSoul Publishing company confirmed that they have partnered with the Pudgy Penguins team to create an animated cartoon series on YouTube. Premiering in Q1 2025, “Lil Pudgys” will introduce fans to a new animated universe inspired by Pudgy Penguins’ Web3 IP. The Pudgy Penguins team anticipates pushing its relevance beyond the crypto and toy markets. Pudgy Penguins is getting an animated series! They are teaming up with TheSoul Publishing, one of the world’s largest digital publishers, to launch Lil Pudgys, a brand-new animated YouTube series. Why this partne...

Speaking at CNBC’s Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers. During CNBC’s Delivering Alpha event, Johnson noted that tokenization — the process of converting asset ownership rights into digital tokens on a blockchain — is akin to “ securitization done on steroids ,” a term often used to describe something that exceeds expectations. Johnson’s remarks were part of an Analysis of the future of alternative investment vehicles. The executive noted that available capital and technology disruption have been attracting more companies and CEOs to invest in “things for the future,” like blockchain technology. Johnson said: “One is it allows a payment mechanism. Number two, it allows smart contracts to be programmed into...

Goldman Sachs’ digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications. Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks. Mathew McDermott, Global Head of Digital Assets for Goldman Sachs said the bank remains “hugely supportive” of exploring Blockchain applications and that the Digital Asset division will hire “as appropriate” this year. The executive made the comments in Hong Kong to Bloomberg last week, noting that the digital assets team has grown from just four staff members in 2020 to around 70 today. The firm’s supposed openness to beef up its crypto team comes despite the firm cutting up to 3,200 jobs last month, its largest round of layoffs since the global financial crisis of 2008-2009. The cuts have reportedly impacted senior, middle and junior-level executives and conc...