Zerohash is latest crypto firm to apply for a trust charter
Digital asset company Zerohash applied for a national trust bank charter from the OCC to serve institutional clients like Morgan Stanley
Market Moves
Zerohash is latest crypto firm to apply for a trust charter
Digital asset company Zerohash applied for a national trust bank charter from the OCC, joining other crypto firms seeking traditional banking licenses to serve institutional clients like Morgan Stanley.
https://www.americanbanker.com/news/zerohash-is-latest-crypto-firm-to-apply-for-a-trust-charter
Stablecoin Payments Firm KAST Raises $80 Million in Funding
KAST, a stablecoin payments firm founded by a former Circle executive, raised $80 million in Series A funding to expand globally, demonstrating continued institutional investor appetite for digital payment infrastructure.
Nasdaq to connect European trading venues to Seturion tokenized asset platform
Nasdaq will connect its European trading venues to Boerse Stuttgart’s Seturion tokenized asset platform, marking a significant step toward transforming Europe’s fragmented settlement landscape with blockchain technology.
ClearToken arrives on the Canton Network
FCA-authorized digital financial market infrastructure provider ClearToken deployed three digital asset platforms on Canton Network, expanding regulated tokenized settlement capabilities for institutional clients.
https://www.finextra.com/pressarticle/109089/cleartoken-arrives-on-the-canton-network
Nasdaq Partners With Kraken in Plan for 24/7 Tokenized Stock Trading
Nasdaq partnered with Kraken to develop a platform for 24/7 tokenized stock trading, potentially revolutionizing equity markets by enabling round-the-clock settlement outside traditional market hours.
Regulation & Policy
Fed, FDIC and OCC clarify capital rules for tokenized securities
Federal banking agencies clarify that tokenized securities should receive the same capital treatment as traditional securities, removing a key regulatory uncertainty for bank adoption.
House Republicans insist on a permanent CBDC ban, threaten Housing Bill
House Republicans demand permanent CBDC ban provisions in housing legislation, escalating political opposition to potential U.S. central bank digital currency development.
https://cryptorank.io/news/feed/a7635-house-republicans-cbdc-ban-housing-bill
Clarity Act will benefit banks more than crypto, former CFTC chair says
Former CFTC chair Christopher Giancarlo argues that crypto regulatory clarity legislation would benefit traditional banks more than crypto firms by enabling institutional participation.
Research & Analysis
A Crypto Coin Is Gobbling Up U.S. Treasuries
New York Times analysis reveals stablecoins are becoming major purchasers of U.S. Treasuries, with implications for monetary policy and financial system stability.
https://www.nytimes.com/2026/03/08/business/stablecoins-crypto-treasuries-risks.html
Tokenization’s move to Wall Street needs more than issuance | Opinion
Industry analysis suggests tokenization’s Wall Street adoption requires comprehensive infrastructure beyond just asset issuance, highlighting gaps in settlement, custody, and regulatory frameworks.
https://crypto.news/tokenizations-wall-street-needs-more-than-issuance
Wall Street Is Moving On-Chain—And Stablecoins Are Becoming the Settlement Rail
Wall Street’s migration to on-chain operations increasingly relies on stablecoins as the primary settlement rail, fundamentally reshaping traditional capital markets infrastructure.
https://www.ccn.com/news/crypto/wall-street-onchain-stablecoins-settlement-rail