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EDX Trust Charter Bid Fuels Institutional Crypto Wave
5 min read
RegulationInstitutionalDeFiBitcoinPolitics
Thursday, April , 2026: Institutional players like EDX Markets push for regulated crypto custody, contrasting DeFi's Drift exploit losses. Political momentum builds with Tether-led PAC. Bitcoin holds steady at $68K amid trends.
Frequently Asked Questions
What is EDX Markets' trust charter application?
Citadel-backed EDX filed for an OCC national trust bank charter to offer institutional crypto custody and services.
How much was lost in the Drift Protocol attack?
Over $285 million drained from Solana DeFi platform Drift due to an active exploit on vaults.
Why is the pro-crypto PAC significant?
Led by Tether's Jesse Spiro, the $100M Fellowship PAC aims to influence 2026 U.S. midterms on crypto policy.
Topic: EDX Markets OCC trust charter application and Drift Protocol Solana exploit on April , 2026