CRYPTO KNOCKS ON THE DOOR OF A BANKING WORLD THAT SHUT IT OUT

Summary from the TLDR newsletter

President Trump's pledge to make the US a bitcoin superpower has set the stage for crypto to become more intertwined with the banking system. Several crypto firms are planning to apply for bank charters or licenses. Some are interested in national trust or industrial bank charters, which would enable them to operate more like traditional lenders, while others are after relatively narrow licenses that would allow them to issue stablecoins. Firms that obtain a bank charter will become subject to stricter regulatory oversight.