Augustus CEO says banks can’t rebuild for AI and stablecoins
Augustus Bank CEO Ferdinand Dabitz says legacy clearing banks can’t be rebuilt for AI after the OCC grants conditional approval for its stablecoin-focused US bank push.
Crypto News·

Visa’s WeFi pilot lets self‑custodied stablecoins fund everyday card payments across Europe, Asia and Latin America. Visa and WeFi have launched a collaboration to explore on‑chain banking and stablecoin‑based payment use cases in selected markets, expanding the card network’s stablecoin…
Read full articleAugustus Bank CEO Ferdinand Dabitz says legacy clearing banks can’t be rebuilt for AI after the OCC grants conditional approval for its stablecoin-focused US bank push.
Augustus says old banks can’t rebuild for AI and stablecoins after OCC approval, as it prepares Dallas bank for programmable clearing soon.
The post Canton Network Turns Bullish After a Super Validator Signal appeared on BitcoinEthereumNews.com. Canton (CC) is rallying nearly 8% on Thursday after Societe Generale joined the Canton Network as an Ecosystem Super Validator. The move sees the bank’s SG-FORGE unit deploy euro and dollar stablecoins for institutional settlement. The token broke above its $0.15 accumulation zone and snapped a descending trendline running from its February 3 all-time high. Price now targets the 0.618 Fibonacci retracement at roughly $0.17. Daily Chart Breaks Descending Trendline From February Peak Canton (CC) printed a 6.94% bullish daily candle on Thursday. The move sliced through a descending trendline that has capped price since its February 3 record at $0.194. That trendline had defined the multi-month downtrend after the February peak. Its break removes the most visible structural ceiling on the daily chart. The breakout follows a reclaim of the $0.15 accumulation zone earlier this week. The
BitGo will support Moon’s Bitcoin card products in Asia, starting with prepaid gift cards in Hong Kong stores and online this month in 2026.
Insider Brief PRESS RELEASE — An enterprise software startup whose platform has helped to modernize aviation infrastructure across Europe has raised more than $5.5 million in seed funding, highlighting growing demand for tools that can safely and speedily upgrade mission-critical systems. DesignVerse is an AI-based platform that builds and delivers complex enterprise software using an organization’s own documentation […]
The post Bitget Enters Mexico Market with UIF and SAT Registration to Grow in Latin America appeared on BitcoinEthereumNews.com. Bitget, a renowned crypto exchange, is expanding its services into the Mexican market following the completion of crucial registrations. In this respect, Bitget has confirmed its successful registration with the Financial Intelligence Unit (UIF) and Tax Administration Service (SAT) of Mexico. These authorizations place Bitget among the early crypto entities to fulfill the local compliance needs in one of the fastest-growing digital asset hubs of Latin America. So, the development fortifies its strategy to expand presence across Latin and Central America, where there is a growing demand for regulated cryptocurrency services. Bitget Obtains UIF and SAT Registrations in Mexico to Expand Compliant Crypto Services Bitget’s expansion into Mexico comes with the completion of the Financial Intelligence Unit (UIF) and Tax Administration Service (SAT) registrations. Wh
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The post BNB Chain and Solana Top the 2026 RWA Holder Growth With +567% Surge appeared on BitcoinEthereumNews.com. RWA holders grew 34.4% across major chains in 2026, as per CryptoRank. BNB Chain led the pack with a +567.4% surge, the fastest growth anywhere. BNB Chain wasn’t a major RWA hub at the start of 2026. By mid-May, it’s the fastest-growing one by a wide margin. 📊 BNB Chain Leads 2026 RWA Holder Growth With +567% Excluding stablecoins, total RWA holders grew from 576K to 775K+ since the beginning of 2026 (+34.4%). 🥇@BNBCHAIN recorded the fastest RWA holder growth among major ecosystems this year, surging +567% since January.… pic.twitter.com/bWt58msGdB — CryptoRank.io (@CryptoRank_io) May 14, 2026 Solana saw the largest absolute gain, adding over 90,000 new holders. Different story, different scale. The growth rate is slower in percentage terms, but the raw number is bigger than any other chain on the list. The data covers year-to-date growth as of May 14, 2026. BNB Chain’s