The Federal Deposit Insurance Corporation (FDIC) says banks no longer need prior approval before engaging in crypto-related activities, such as holding digital currency assets or partnering with companies in the industry. Axios reports: After publishin…

According to the Financial Times, Fidelity Investments is in advanced stages of developing its own stablecoin. Binance reports: The Boston-based financial services giant plans for the token to serve as a form of digital cash, according to the report, w…

GameStop announced it will invest part of its corporate cash in bitcoin and stablecoins, following MicroStrategy’s lead. The meme stock jumped more than 6% in extended trading Tuesday following the news. CNBC reports: The video game retailer said a por…

World Liberty Financial, a crypto venture backed by Donald Trump and his family, has launched a U.S. dollar-pegged stablecoin called USD1. The token is backed by U.S. Treasuries and cash equivalents and will soon go live on the Ethereum and Binance Sma…

President Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government. Reuters reports: A “Strategic Bitcoin Reserve” will be capitalized with bitcoin owned by the federal gov…