Chinese G-Sibs add 500bn yuan to TLAC headroom

Circle is taking a significant step toward becoming a federally regulated institution. The USDC issuer has won approval from the Office of the Comptroller of the Currency (OCC) to establish its own chartered bank, giving it the ability to custody its own reserves while stopping short of allowing it to accept deposits or issue loans….

Miners support FTSE 100 as investors eye key events

Expect the News Headlines from Trump and the administration to be fast and furious going into the elections !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Key insights: The Clearing House is targeting 2027 for the launch of its on-chain network that will allow banks to clear and settle tokenized deposit transactions, with the eventual long-term goal of building toward atomic settlement thanks to bank demand.   What’s at stake: Banks’ interest in tokenized deposits has been growing; 24 of the top…

A pair of Texas advisors face decades in prison after they were convicted this week of co-conspiring with a radio personality on a Ponzi scheme that bilked millions from investors, according to the Justice Department. Lubbock residents Joshua Allen and Michael Cox were convicted at the end of a weeklong federal trial in San Antonio…

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways If your business is growing, more employees might seem like the natural solution. But if your business has systemic problems, hiring more people can only strain the systems you have put in place. Growth amplifies preexisting systems. If your system was poorly built, this will…