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Crypto.com Granted Conditional Approval by the U.S. OCC to Apply for a Federal-Level National Bank Charter

2026.02.23 23:04:56

Crypto.com, the cryptocurrency exchange platform, announced Monday, Feb. 23, that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to apply for a national bank federal charter. The approval will enable the firm to offer digital asset custody and staking services under federal regulatory oversight.
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South Korea’s Kakao Pay, Kakao Bank, and Fireblocks will collaborate to build digital asset infrastructure.

South Korea’s Kakao Pay and Kakao Bank have signed an agreement with Fireblocks to establish secure digital asset infrastructure in South Korea. The three companies will jointly explore a digital asset issuance and distribution framework, focusing on stablecoins.

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A trader suffered four consecutive forced liquidations, wiping out his $32.55 million Bitcoin short position.

According to Lookonchain monitoring, as Bitcoin prices rose, trader 0xc3ed was liquidated four times in just 14 hours. His short position stood at a high of 375.8 Bitcoin, valued at $32.55 million, and has now been fully closed out.

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The White House launches a 24-hour official streaming service, "Trump TV"

The White House officially launched a 24-hour live stream called "Trump TV: The Essentials Station" on Monday evening local time, claiming to serve as a one-stop hub for viewing the administration’s "biggest moments," key speeches, and highlight clips with real-time updates. The content is available on the White House’s official YouTube channel and its official website. The stream’s debut featured Trump’s speech at Mount Rushmore on July 3 this year. The White House account simultaneously released a poster noting "Streaming 24/7." The launch of "Trump TV" comes amid escalating tensions between the White House and the media. Trump recently banned CNN, MS NOW, and Politico from entering the White House, prompting the pool of broadcast media outlets including ABC, CBS, NBC, CNN, and Fox to suspend providing pooled footage for presidential events. The White House positions its self-operated stream as an "unfiltered highlight live broadcast" to bypass traditional TV distribution.

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Trader 0xc3ed Liquidated 4 Times in 14 Hours, Loses 375.8 $BTC ($32.55M) in Shorts

As $BTC rises, trader 0xc3ed has been liquidated 4 times in just 14 hours, with 375.8 $BTC ($32.55M) in shorts wiped out!

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Tencent Holdings surges over 6%: AI assistant Muse validates consumer-grade AI agents, and institutions are bullish on Tencent's "small and micro" ecosystem moat.

According to Bitget market data, Hong Kong-listed tech and internet stocks rose at the start of trading, with Tencent Music up over 6%, Tencent Holdings up over 6%, and Baidu, Kuaishou, and Alibaba each gaining more than 2%. On the news front, Meta’s AI assistant Muse has climbed to the top of the free charts on Apple and Google’s U.S. app stores. Its key capabilities include reading users’ social content on Facebook Marketplace and Instagram, connecting to third-party services such as Gmail, Apple and Google Calendars, OpenTable, and even accessing other websites via a browser. Market analysis holds that for Tencent, its WeChat-native AI agent “Xiaowei” shares a similar product logic with Muse, and inherently boasts advantages including social connections, content from official accounts and Video Channels, mini-programs, WeChat Pay, and a merchant ecosystem. Since June this year, “Xiaowei” has been gradually rolled out for small-scale gray-scale testing.

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A certain crypto whale has accumulated a total of 14,783 ETH since yesterday, with a total value of $39.9 million.

On-chain analyst Ai Yi (@ai_9684xtpa) tracked that the "smart money" address, which made a profit of $3.666 million from buying low and selling high ETH in August, has added $19.97 million in positions. The address withdrew 7,216 ETH from Binance an hour ago, and has accumulated a total of 14,783 ETH since yesterday, totaling $39.9 million in value, with an average withdrawal price of $2,699.44 and an unrealized profit of $720,000.

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