Block's $764m AML deal and a $133m hit at a French bank
In short
- Block agrees $764m deal to end a US money-laundering probe
- French bank Arkéa linked to a theft put at $133m
- Morgan Stanley starts tokenising on DTCC's new service
- Circle beats forecasts, then cuts 5% of its staff
- Schroders puts an emerging-market bond fund on Solana
- $764m
Block set to pay $764m to settle US money-laundering probe
Regulation
SEC EDGAR, Block / SEC EDGAR - $133m
French bank Crédit Mutuel Arkéa named in $133m crypto theft
Custody
CoinDesk, Bitquery - 20 firms
Morgan Stanley among first to use DTCC's tokenised stock service
Infrastructure
CoinDesk - $865m
Circle's revenue rises 17% to $865m, but it cuts 5% of staff
Stablecoins
Business Wire, CoinDesk - £867.8bn
Schroders brings an emerging-market bond fund to Solana
Institutions
CoinDesk, Schroders