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  • 12:23
    Transak obtains licenses in six states, expands stablecoin payment business in the US
    ChainCatcher news, Transak has obtained Money Transmitter Licenses (MTL) in Iowa, Kansas, Michigan, South Carolina, Vermont, and Pennsylvania, bringing its total number of state licenses in the United States to 11. These licenses allow the company to legally process stablecoin transactions, transfer funds, and directly facilitate fiat-to-crypto conversions for users. Transak currently has license applications pending in 19 states and plans to achieve coverage in all 50 states within the next 12 to 18 months. The company has also recently enabled wire transfer functionality and plans to launch ACH payments to improve bank transfer efficiency for U.S. users.
  • 12:18
    Commerzbank: The US dollar may weaken as delayed data could affect rate cut expectations
    According to ChainCatcher, citing Golden Ten Data, Thu Lan Nguyen from Commerzbank stated in a report that if the delayed data supports further rate cuts, the potential end of the US government shutdown could be negative for the US dollar. She pointed out that the recent rise of the dollar was due to the lack of official data during the shutdown, which supported the Federal Reserve's stance of pausing further rate cuts. Nguyen believes that the recent decline in rate cut expectations is unreasonable and sees it more as another argument for a weaker dollar.
  • 12:18
    Hyperscale Data: Bitcoin treasury allocation expands to $75.25 million, current holdings increase to approximately 267.6 BTC
    ChainCatcher news, NYSE American-listed company Hyperscale Data announced that it has expanded its bitcoin treasury allocation to $75.25 million, including its current holdings and funds allocated for committed bitcoin purchases. Its wholly-owned subsidiary Sentinum currently holds approximately 267.6862 bitcoins (including 223.5868 bitcoins acquired on the open market and about 44.0994 bitcoins obtained through its bitcoin mining operations). In addition, $47.25 million in cash has been allocated for purchasing bitcoin on the open market.
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