The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“
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The proposed fund would have held stETH directly and offered brokerage-account exposure to Lido’s liquid-staking token. Its registration never became effective.
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.
Saldo reported €196.9 million in assets at the end of June. The acquisition is expected to close in 2027, subject to regulatory approval.
Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans.
The British bank won Dubai regulatory approval to let affluent clients buy BTC and ETH straight from their bank accounts, with custody and settlement kept in-house.
