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Polymarket to Launch POLY Token and Airdrop After U.S. App Rollout
Polymarket has confirmed plans to launch a native POLY token and conduct an airdrop distribution. Chief Marketing Officer Matthew Modabber said Thursday the platform will prioritize its U.S. application launch before proceeding with token deployment. The company aims to build long-term utility into the asset rather than rush its release.
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Crypto.com Applies for National Trust Bank Charter with OCC
Crypto.com has filed an application with the U.S. Office of the Comptroller of the Currency for a National Trust Bank Charter. The move would allow the exchange to offer custody and staking services nationwide under federal oversight. Crypto.com joins Coinbase, Circle, Paxos, Stripe, Ripple, and Sony in pursuing federal regulatory recognition, with Anchorage Digital Bank currently holding the only active federal trust charter since 2021.
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Turkey Records $200 Billion in Annual Crypto Transactions, Leading MENA Region
Turkey has emerged as the largest cryptocurrency market in the Middle East and North Africa, processing nearly $200 billion in annual transactions, data show. The volume is nearly four times that of the UAE, which ranks second with $53 billion. Market composition has shifted as retail participation declined while institutional trading remained robust, with analysts noting increased speculative activity.
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