Senate confirms an ex-Bitfury executive to lead the OCC. Stablecoin company Agora secures $50 million investment. Malta under investigation by European crypto regulators, and, NYSE unveils new elite tech index. Jane King with the latest from the NYSE.
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Thanks, Remy.
Here's a look at your Coin Street headlines.
The US Senate confirmed an ex-bit theory exec to lead the office of the Comptroller of the Currency Banking regulator.
Jonathan Gould will return to the OCC as comptroller of the currency to serve a five-year term following his nomination by President Trump.
Gould is expected to align with the Trump administration's friendlier approach.
To crypto stablecoins have another win.
Startup Agora secured a $50 million investment led by Paradigm.
Agora was founded by Nick Van Eyck, and it aims to boost adoption of its white label stablecoin platform with $50 million from Paradigm and Dragonfly.
The company has already collaborated with crypto projects like Polygon to issue customized.
Stablecoins and plans to expand those partnerships.
Malta's cryptocurrency licensing process has come under scrutiny from the European Securities and Markets Authority, that's the European regulator that oversees crypto assets known as MIA.
Specific attention is being paid to the island's fast tracked authority of a certain unnamed crypto firm.
Malta officials did not comment.
And the New York Stock Exchange is launching an elite tech index.
The NIE Elite Tech 100 is scheduled to launch later this month.
That will include technology leaders from all US exchanges, update its composition more dynamically with quicker inclusion of IPOs, and focus on highly liquid and investable constituents, and that is the latest Poin Street headlines.