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Business — Page 233

Circle Seeks OCC Trust Bank Charter to Boost USDC Oversight

Circle, the issuer of USDC, has filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to become a federally regulated national trust bank. If approved, the entity — to be named First Natio…

Jun 30, 20252 min read

Barclays to Block Credit Card Crypto Purchases Citing Risk

Barclays (LSE: BARC), one of the UK’s largest banks, announced it will block cryptocurrency purchases made with its Barclaycard credit cards starting June 27. The decision follows concerns over financial risk and lack…

Jun 25, 20252 min read

Zama Becomes First FHE Unicorn with $57M Series B Round

Zama, a leading cryptography firm advancing fully homomorphic encryption (FHE) for blockchain and AI, has secured $57 million in a Series B round co-led by Blockchange Ventures and Pantera Capital. The raise pushes Za…

Jun 25, 20252 min read

BlackRock’s IBIT Surpasses S&P 500 ETF in 2025 Inflows

BlackRock’s iShares Bitcoin Trust (IBIT) has officially overtaken SPLG, a long-standing S&P 500 ETF, to become the fourth-largest ETF by year-to-date inflows in 2025. According to Bloomberg analyst Eric Balchunas, thi…

Jun 24, 20252 min read

Circle Stock Soars 750% Post-IPO, Nears USDC Market Cap

Circle (CRCL), the issuer of the USDC stablecoin, saw its stock skyrocket to nearly $299 on Monday, continuing an explosive rally since its IPO earlier this month. After debuting at $31, the stock has surged over 750%…

Jun 23, 20252 min read
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