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Wall Street Meets Web3: BlackRock, Visa, and Mastercard Back Circle’s New Arc Blockchain

USDC stablecoin issuer Circle has announced the founding validator cohort for Arc, its open blockchain network. It is currently in private mainnet with more than 100 ecosystem and institutional builders.…

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Italy’s Biggest Bank Cuts IBIT Exposure by 94% While Buying More Staked Ethereum

Italy’s largest banking group, Intesa Sanpaolo, sharply reduced its reported exposure to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. While its BTC-related position changed, the bank more than…

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Franklin Templeton Joins Blackrock, Fidelity, Goldman Sachs in Backing CLARITY Act

Franklin Templeton has joined Blackrock, Fidelity, and Goldman Sachs in supporting the CLARITY Act, strengthening Wall Street’s push for federal crypto rules as senators review updated legislation before a potential…

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9 Wall Street and Crypto Giants Unite to Protect Bitcoin With $15 Million Initiative

Nine major financial and crypto companies have created a new alliance to help safeguard Bitcoin’s future, committing $15 million to support open-source developers, advance quantum-resistant security research, and strengthen the…

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