Day: February 12, 2026

Deutsche Bank-backed Taurus and Blockdaemon team up to power institutional staking services

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Taurus, a leading provider of digital asset infrastructure backed by Deutsche Bank, Credit Suisse, and State Street, has joined forces with Blockdaemon, which powers institutional staking across over 60 protocols, to bring institutional-grade staking services to global banks and financial institutions. With this collaboration, Taurus clients can now stake assets across major proof-of-stake (PoS) networks through Blockdaemon’s infrastructure while maintaining custody via Taurus-PROTECT, the company’s bank-focused custody solution. “Our collaboration with Blockdaemon broadens the staking services available to our institutional clients, while maintaining the security and compliance standards they expect,”…

NCUA Suggests GENIUS Act Rules for Credit Union Stablecoin Issuers

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The United States National Credit Union Administration (NCUA) has proposed its first rules under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, sketching out how subsidiaries of federally insured credit unions could apply to become federally supervised payment stablecoin issuers.  The NCUA, which oversees more than 4,000 federally insured credit unions serving roughly 144 million members and about $2.38 trillion in assets as of mid-2025, is using this proposal to set out the process and standards for licensing such issuers.  Under the proposal, any payment stablecoin issuer…

Trump-backed World Liberty plans to launch World Swap forex platform

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World Liberty Financial is targeting a share of the trillion-dollar global foreign exchange market, the world’s largest and most liquid financial sector. The crypto venture associated with the Trump family plans to roll out World Swap, a forex platform built around its USD1 stablecoin ecosystem, co-founder Zak Folkman revealed at Consensus Hong Kong this week. That comes almost a month after World Liberty launched its lending and borrowing platform, offering users onchain yield and liquidity, something leadership hopes will boost adoption of USD1. The stablecoin has since gained roughly $1.8…

Securitize Plans RWA Stablecoin with OKX, STBL, Hamilton Lane

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Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane, OKX Ventures and stablecoin infrastructure firm STBL, expanding efforts to bring institutional real-world asset yield onto blockchain rails. Securitize has partnered with stablecoin infrastructure provider STBL, Nasdaq-listed private markets investment management firm Hamilton Lane and crypto exchange OKX’s investment wing, OKX Ventures, to support the launch of a new real-world asset (RWA)-backed stablecoin on X Layer. The new stablecoin will bring together institutional private credit, regulated tokenization and programmable settlement to support the “next…

UK Launches Blockchain Digital Bond Pilot With HSBC Orion

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The United Kingdom’s government has appointed HSBC’s tokenization platform to power a pilot issuance of digital government bonds, known as “gilts,” marking the latest step in its push to modernize sovereign debt markets using blockchain technology. His Majesty’s Treasury has appointed HSBC Orion to facilitate the Digital Gilt Instrument (DIGIT) pilot issuance, according to a Thursday announcement. The Treasury published a DIGIT pilot update in July 2025, outlining plans to explore blockchain applications in UK sovereign debt issuance and to support the development of domestic tokenization infrastructure. “We want to…

Gen Z Open to Crypto for Valentine’s Day Dates: Survey

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Gen Z Americans may be open to paying for dates with cryptocurrency, but most still aren’t putting digital coins where their hearts are, according to a January Pollfish survey commissioned by crypto exchange OKX.  The poll of 1,000 US adults found that 13% of Gen Z respondents said they have paid for a date using crypto, while many who haven’t said the main issue is practical: they don’t have a direct way to pay with crypto.  Interest extended beyond payments. 31% of Gen Z respondents said receiving crypto as a…

Bankers Urge OCC to Slow Crypto Trust Bank Charters

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The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow its approval of national trust bank charters for crypto and stablecoin firms until the regulatory landscape under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is clearer.  In a Wednesday comment letter on the OCC’s national bank chartering notice of proposed rulemaking, the trade group warned that recent and future applicants engaged in stablecoin and digital asset activities face still‑unsettled oversight from multiple federal and state regulators.  The ABA…

Binance Completes $1B Bitcoin Conversion for SAFU Fund

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Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset. Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1 billion in Bitcoin for its Secure Asset Fund for Users (SAFU) wallet, according to Arkham data. The fund now holds 15,000 Bitcoin, worth over $1 billion, acquired at an average aggregate cost basis of $67,000 per coin, Binance said in a Thursday X post.  “With SAFU Fund now fully in Bitcoin, we reinforce our…

ARK Invest Snaps Up $33M in Robinhood Shares Amid Bitcoin Dip

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ARK Invest, the investment firm led by Bitcoin bull Cathie Wood, snapped up a significant batch of crypto-linked stocks on Wednesday as BTC briefly dipped below $66,000. ARK purchased 433,806 shares of Robinhood (HOOD) for approximately $33.8 million, according to a trade notification reviewed by Cointelegraph. The asset manager also boosted its exposure to crypto exchange Bullish (BLSH) and USDC (USDC) issuer Circle (CRCL), acquiring 364,134 shares valued at $11.6 million and 75,559 shares worth $4.4 million, respectively. The purchases came as all three stocks traded lower on the day,…

Binance SAFU Fund completes $1B Bitcoin accumulation

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Global crypto exchange Binance has completed the conversion of its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin. The fund spent over $305 million acquiring 4,545 BTC on Thursday, bringing the total stash to 15,000 BTC worth over $1 billion, according to Arkham Intelligence data. #Binance SAFU Fund Asset Conversion – Final Update Binance has successfully completed the final tranche purchase of 4,545 BTC, finalizing the $1 billion transition of SAFU stablecoin reserves into Bitcoin. This transition was completed within 30 days of the initial… pic.twitter.com/NJbNPS1b0I…