Coinbase Inches Closer Toward Federal Oversight
AI Summary
Coinbase received conditional approval from the Office of the Comptroller of the Currency to establish a federal trust bank charter, joining other crypto firms seeking banking status. The IMF published a report calling tokenization a structural shift in finance requiring international coordination, while SoFi launched an enterprise banking platform on Solana.
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DeFi risk management
DeFi exploit exposed bigger problems about whether DeFi is ready for mainstream adoption
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