Rising Gulf tensions diminish ceasefire prospects, potentially prolonging 
regional instability and impacting global economic dynamics.
The post Gulf tensions lower ceasefire odds appeared first on Crypto Briefing.

Gulf tensions lower ceasefire odds

The impasse heightens geopolitical uncertainty, affecting market confidence 
and suggesting prolonged instability without diplomatic progress.
The post Iran demands sanctions relief, US force removal before talks appeared 
first on Crypto Briefing.

Iran demands sanctions relief, US force removal before talks

EDX Markets, the crypto exchange backed by Wall Street giant Citadel 
Securities, has applied to the Office of the Comptroller of the Currency (OCC) 
for a national trust bank charter, according to a public filing disclosed 
Wednesday. The move comes as US regulators under the current Trump 
administration have adopted a more receptive posture toward crypto firms 
seeking to operate under federal banking charters. EDX Seeks OCC Trust Charter 
To Court Big Banks EDX’s chief executive, Tony Acuña‑Rohter, who is slated to 
join the proposed trust’s board, told Bloomberg that the exchange expects 
large banks to drive the next phase of crypto adoption. He said securing an 
OCC trust charter would give EDX a competitive edge in servicing those 
institutions. By operating under a national trust charter, crypto firms can 
operate across state lines under a single federal regulator, rather than 
obtaining multiple state money‑transmitter licenses, simplifying custody, 
settlement, and fiduciary services for digital assets. Related Reading: Expert 
Finds Prime Bitcoin Buy Zone Below $60,000, Supported By This Vital Indicator 
EDX’s filing argued that the existing structure of many digital‑asset 
platforms concentrates multiple functions — brokerage, exchange, 
market‑making, and custody — within single vertically integrated firms, 
creating potential conflicts of interest and single points of failure. The 
company said moving custody, asset management, and trade settlement into an 
OCC‑chartered national trust bank would provide customers with the “most 
secure regulatory structure possible,” and would align digital‑asset market 
infrastructure more closely with the separation of duties customary in 
traditional equities and derivatives markets. The application places EDX among 
several crypto companies pursuing similar paths. In December of last year, 
five firms — including Circle (CRCL) and Ripple — received conditional 
approval for trust charters. However, not everyone in the financial sector 
supports that approach. Growing Bank Unease Over Crypto Trust Charters Some 
incumbent banks and industry groups have pushed back, concerned that expanding 
trust‑bank charters to crypto companies stretches the historical purpose of 
the charter and could introduce new risks. Rebeca Romero Rainey, president and 
CEO of the Independent Community Bankers of America, warned that conditional 
approvals could endanger consumers and create institutions that the OCC might 
struggle to regulate effectively. Related Reading: TAO Rockets 70% — Here’s 
What Fueled Bittensor Move And The Near‑Term Outlook She also argued that the 
new framework can permit stablecoin operators to access the federal banking 
system without meeting the same capital and regulatory standards required of 
full‑service, deposit‑taking banks. Yet, the OCC’s leadership has defended the 
approvals. Comptroller of the Currency Jonathan Gould said new entrants to the 
federal banking system can bring fresh products and services and boost 
competition, which he maintained would benefit consumers and the broader 
banking sector. Featured image from OpenArt, chart from TradingView.com

National Trust Bank Bid: Citadel Securities-Backed Crypto Exchange Enters The Fray

Bitcoin price drifted closer to a key support zone near $65,000 after Donald 
Trump signaled that military action in the Middle East is set to continue over 
the coming weeks. Addressing the nation from the White House on Wednesday, 
Trump…

Bitcoin price drops towards $65k as Trump warns of continued Iran strikes

Market skepticism persists despite diplomatic hints, highlighting the need for 
concrete actions to shift US-Iran conflict dynamics.
The post Iran accuses US of conflict, Trump hints at deal appeared first on 
Crypto Briefing.

Cryptocurrency price in BTC