Augustus CEO says banks can’t rebuild for AI and stablecoins

Augustus Bank CEO Ferdinand Dabitz says legacy clearing banks can’t be rebuilt for AI after the OCC grants conditional approval for its stablecoin-focused US bank push.

Augustus Bank CEO Ferdinand Dabitz says legacy clearing banks can’t be rebuilt for AI after the OCC grants conditional approval for its stablecoin-focused US bank push.

OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access.

T3 Financial Crime Unit says it has frozen over $450 million tied to suspected illicit activity as stablecoin compliance pressures intensify.

BoE weighs easing UK stablecoin caps and reserve demands after industry backlash, in a move that could decide whether GBP tokens can compete with dollar‑pegged rivals.

Metaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns.

Arkham’s new map links OFAC‑sanctioned Tron wallets to Iran’s central bank, putting Tehran’s alleged onchain reserves and counterparties in full public view.