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Circle prefers reserves and payment rails with the Fed, says exec

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Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed, in light of the recent banking crisis.

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Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund

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Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future. 

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Charles Schwab incoming CEO: ‘I have not bought crypto, and now I feel silly’

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Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do. 

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SEC lawsuits will ‘quietly go away’ after Gensler steps down: Pantera

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The defendants will likely have to pay something along with “neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia. 

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