Today’s Insider ⬇️
🚀 Banking License: Jack Dorsey's Block joins rush for federal bank charters from OCC
🏦 Operational License: Gemini receives Singapore payment license for crypto services
🤝 Acquisition Deal: Circle to Acquire Singapore's Tazapay for $400 Million in Stock – Its Largest Deal Since Poloniex
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $79,390 | +1.39% | -29.52% |
Ethereum | $2,501 | +1.17% | -42.49% |
Solana | $104.26 | +1.54% | -52.04% |
XRP | $1.42 | +2.74% | -52.71% |
S&P 500 | $7,673 | -0.58% | +17.83% |
Gold | $4,404 | +0.25% | +20.62% |
1. Jack Dorsey's Block Joins Rush For Federal Bank Charters From OCC
Banking license: Block files an OCC application to establish Builders Bank & Trust, N.A., a national trust bank targeting bitcoin and stablecoin custody services, joining Revolut, Coinbase, Circle, and Ripple in the growing queue for federal bank charters.
🔎 Insider Insight: Block's application signals that the federal bank charter race has expanded beyond pure crypto firms to encompass major fintech payments companies with existing regulated financial infrastructure. With the OCC approving 21 of 40 applications since 2025, the pathway to federally supervised crypto custody is becoming a standard strategic objective for any company serious about institutional digital asset services.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Gemini Receives Singapore Payment License For Crypto Services
Operational license: Gemini secures a full Major Payment Institution license from MAS for digital payment token and cross-border money transfer services, completing a process that began with in-principle approval in October 2024.
🔎 Insider Insight: The MPI license removes transaction volume limits that constrained Gemini's Singapore operations, unlocking its ability to scale institutional and retail crypto services in one of Asia's most strategically important regulated markets. Singapore's consistent regulatory momentum, with MAS now finalizing its stablecoin framework, makes this license increasingly valuable as the city-state positions itself as Asia's primary digital asset hub.
What is the name of the process used to verify transactions?
3. Circle To Acquire Singapore's Tazapay For $400 Million In Stock
Acquisition deal: Circle agrees to acquire Singapore-based cross-border payments company Tazapay for $400 million in stock, gaining regulated banking connections across 100-plus markets and $25 billion in annual payment volume, over 60% already stablecoin-based.
🔎 Insider Insight: Tazapay's existing banking relationships across 173 countries give Circle instant global payment infrastructure that would take years and enormous capital to replicate independently. With over 60% of Tazapay's volume already moving through stablecoins, Circle is acquiring a customer base and distribution network already primed for USDC adoption rather than needing to convert traditional payment users.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
