USDT Issuer Seeks Full Takeover, Invest $1B in Football Club

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Crypto News

Tether, the crypto firm behind the world’s largest stablecoin, USDT USDT$1.0001, is aiming to acquire popular Italian football club Juventus FC, boosting its minority stake to 100%. The firm said Friday that it has submitted a binding proposal for majority shareholder Exor’s 65.4% stake in the club in an all-cash offer, according to a Friday […]

Crypto.com Seeks OCC National Trust Bank Charter — What It Means for Crypto Holders

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Crypto News

Crypto.com has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter, a step it says would expand its federally supervised crypto-custody services for institutions. In Friday’s announcement, the exchange framed the filing as an extension of its regulated, security-first push for large customers — ETF sponsors, […]

Grayscale Seeks SEC Nod for Bitcoin Cash (BCH) and Hedera (HBAR) ETFs

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Crypto News

Grayscale filed paperwork with the U.S. Securities and Exchange Commission (SEC) on Tuesday for three crypto exchange-traded funds, expanding its roster of potential offerings as issuers jockey for regulatory approval. The asset manager submitted an S-1 registration for a Litecoin LTC$111.76 ETF, a move that follows its earlier bid to convert the Grayscale Litecoin Trust […]

Crypto Exchange Bullish Seeks to Raise $629M in New York Share Sale

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Crypto News

Bullish, the owner of the Bullish Exchange crypto platform, said it plans to raise as much as $629 million in its initial public offering (IPO) on the New York Stock Exchange. The company, which also owns CoinDesk, said it plans to sell 20.3 million ordinary shares with an expected price of $28-$31 per share according […]

Bitcoin Staking Platform Core Seeks APAC Expansion Through Custodian Cobo

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Crypto News

Bitcoin (BTC) staking layer Core has teamed up with Singapore-based custodian Cobo to expand its institutional reach into the Asia-Pacific (APAC) region. Core, issuer of the liquid-staking token lstBTC, will enable Cobo’s institutional clients to earn a return on BTC holdings while maintaining full control over their assets, according to an emailed announcement shared with […]