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Crypto

Would a bank charter make crypto safer? Two sides of U.S. federal trust bank approval

An analysis says crypto firms may not fully escape political pressure or supervisory risks even if they obtain a U.S. federal trust bank charter. The charter can strengthen legal standing for custody while bringing firms into direct oversight by the Office of the Comptroller of the Currency. The article contrasts interpretations of Silvergate’s liquidation and notes conditional approvals for several trust bank moves. It adds that regulators retain control through approval conditions and revised supervisory rules.

Crypto

Tech Insight: Why stablecoins still are not used like money despite being super infrastructure

Zach Abrams, founder and CEO of stablecoin issuer Open Standard, said stablecoins can be as stable as cash, profitable and transferable online, but are not being used effectively for transactions. He cited hurdles in card settlement, institutional trading, corporate treasury management and fintech infrastructure. Abrams said Open Standard is focused on solving these issues with OpenUSD by sharing reserve income, charging small per-transaction fees and imposing no withdrawal fee.

AI & Enterprise

Anthropic posts then deletes job ad for Meta-dedicated sales role with pay up to $450,000

Anthropic was reported to have posted and then quickly removed a job listing for a sales role dedicated to Meta. The position, titled “Mega Account Executive, Meta,” carried a salary range of $380,000 to $450,000. Anthropic deleted the posting after questions from Business Insider, and neither company issued a separate statement. The listing has renewed attention on a relationship in which Meta is both a major user of Anthropic’s AI services and a competitor developing its own AI models and products.