Main Password: Director Carl Rinsch convicted of embezzling Netflix funds to purchase coins, main player trades $400 million to bet on this direction

[The U.S. Office of the Comptroller of the Currency Approves Paxos as a Regulated Blockchain Infrastructure Provider] Paxos announced that the U.S. Office of the Comptroller of the Currency (OCC) has approved Paxos to become a regulated blockchain infrastructure provider. Paxos will transition into a regulated national trust institution. All of Paxos' business activities in the United States will be regulated by the OCC, including supporting enterprises at various stages of digital asset development and providing services and compliance assurance across all 50 states.

[U.S. stocks extend decline, Nasdaq drops 2%] U.S. stocks extend their decline, with the Nasdaq's drop widening to 2%.

[The U.S. Office of the Comptroller of the Currency Conditionally Approves Trust Bank Licenses for Ripple and 4 Other Institutions] On December 13, the U.S. Office of the Comptroller of the Currency conditionally approved trust bank licenses for Ripple, BitGo, DigitalAssets, Paxos, and Circle.

[The U.S. Office of the Comptroller of the Currency Conditionally Approves Ripple National Trust Bank Application] The U.S. Office of the Comptroller of the Currency (OCC) has conditionally approved Ripple National Trust Bank's application.

[BitGo Receives Regulatory Approval to Operate Banking Services] BitGo has received regulatory approval to operate banking services.