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The U.S. Office of the Comptroller of the Currency, which regulates national banks, has continued its about-face to earlier resistance to cryptocurrency in banking, issuing interpretive letters that say the institutions can — at their customers’ behest — buy and sell crypto assets in custody.The newly explained policy stance released by the OCC on Wednesday also clarified that the bankers can outsource crypto activities to third parties, including custody and executive services. As long as it all still checks the boxes of the watchdog’s safety-and-soundness requirements, the OCC is giving the banks more crypto freedom.This week’s move follows the agency’s…

US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In an appearance before a Congressional House Committee Tuesday morning focused on the international financial system, Bessent says the US should take a global leadership role on digital assets. “We believe that the United States should be the premier destination for digital assets, and, as members of this committee and the Senate are attempting to do, create good market structure around that so that US best practices are used around the world.” He also says that the crypto market…

In a bold new step blending education and Bitcoin innovation, Lomond School has announced the launch of the Satoshi Scholarships, a first-of-its-kind Bitcoin-powered scholarship initiative, according to a press release sent to Bitcoin Magazine. The announcement comes alongside a strategic partnership with renowned economist Dr. Saifedean Ammous to develop an Austrian economics curriculum for students. The independent co-educational day and boarding school, already known as the first in the world to accept Bitcoin for tuition, is now offering 21 two-year boarding scholarships and 21 two-year day scholarships—fully covering the school’s prestigious International Baccalaureate (IB) programme. Each scholarship is designed to…

In an industry filled with complexity, jargon and mistrust, women in Web3 say that the way to attract more women into the crypto space starts with clarity, education and community. At the Blockchain Baddies side event during Token2049 in Dubai, women shared personal experiences of entering the Web3 world and why they believe more female participation is essential for the future of crypto.In interviews with Cointelegraph, community members said the path forward begins with simplifying technical concepts and fostering environments where women can learn and grow. Women in Web3 share experiences in the crypto space. Source: CointelegraphFrom providing clarity to building…

Ethereum is a living entity, distributed across time and space, accessible through our screens and communication devices. What gives it life are the myriad human relationships that have become intertwined with the roots, branches, and leaves of the Ethereum state tree. This single tree encodes immense value, digital property, and dapp utility — not an insignificant slice of human activity. But the humans who currently give Ethereum life do not represent all humans — many gaps across cultures, nationalities, and class must be bridged. The use cases and novel solutions that have so far been developed and advertised and touted…

According to a recent Bitwise report, XRP’s value isn’t just theoretical – it stems from measurable functions within the XRP Ledger. This includes transaction fees that are permanently burned, serving as a slow but steady deflationary force; reserve requirements that help prevent network spam; and most importantly, XRP’s role as a bridge currency in cross-border payments. Source: Bitwise Investments It emphasized that while the burn rate and reserve mechanism are modest today, their impact could scale significantly with increased network usage. Still, the report pointed out that XRP’s true potential lies in facilitating liquidity across a large, active ecosystem. Mounting…

Congress faces mounting pressure to pass landmark crypto legislation as U.S. leadership in digital finance hangs in the balance. Steil Urges Swift Bipartisan Action on Digital Asset Regulation at Congressional Roundtable U.S. Representative Bryan Steil (R-WI) called for immediate bipartisan action on digital asset legislation at a joint roundtable held May 6 by the U.S. […]

Best Wallet (BEST) has now raised $12 million – and it’s not just the number generating attention, it’s the tech behind it.With staking rewards, presale access, and support for 60+ chains, this isn’t your average send-and-receive wallet.It’s trying to be the crypto super-app of 2025.Best Wallet and Its Exciting Feature SetSo, what is Best Wallet?Put simply, it’s a non-custodial wallet, which means you hold the private keys.No third-party messing with your crypto assets, just full control with added security features like 2FA, biometrics, and encrypted key storage.But what really makes Best Wallet stand out is all of its features.You can…

In crypto, many believe that the biggest spenders always win the most. But on April 30, BlockDAG’s Buyer Battle showed something different. Wallet 0x5d83…a7c took the top spot with a smart move, buying 995,040 BDAG during a slow activity day. That day’s total volume was 14.49 million BDAG. With fewer large buys, the wallet picked up the remaining share of the daily 25 million BDAG reward pool. It proved that careful timing can match or beat larger purchases. With BlockDAG (BDAG) presale ending soon, others still have time to try this type of move. How Strategy Won Over Size on…

What to know:Lyn Alden says a weaker dollar is necessary for the US to stabilize its financial system.Bitcoin and gold are well-positioned to benefit from de-dollarization.Sovereign wealth funds and various nations are already increasing their Bitcoin exposure as the dollar’s global dominance starts to wane.The weakening of the US dollar (DXY) is no longer headline news. With mounting disruptions across the US economy, a declining greenback has become part of the backdrop. Since the start of 2025, the US Dollar Index has dropped 11%, now hovering around levels last seen in April 2022. Markets have largely responded with a shrug.…