Today’s top cryptocurrency developments include #Paxos applying for a #U.S. national trust bank charter to expand its #stablecoin and asset management capabilities.

Terraform Labs founder Do Kwon facing U.S. #fraud charges over the $40 billion collapse of #TerraUSD and Luna.

Trump-backed World Liberty Financial launching a $1.5 billion crypto treasury in partnership with Nasdaq-listed ALT5 Sigma, aiming to bolster its cryptocurrency $WLFI and strengthen financial operations.