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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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šŸ¦ Federal Reserve Releases New Guidelines for Crypto Banks šŸ¦

The announcement could make it possible for American crypto banks to perform both crypto and traditional banking functions.

Up until now, American financial institutions that wanted to conduct both crypto transactions and traditional banking services have had to pick a lane.

That may soon change.

The Federal Reserve released formal guidelines this afternoon to oversee the process by which ā€œinstitutions offering new types of financial products or with novel chartersā€ could be granted so-called ā€œmaster accounts,ā€ a key financial status that allows for direct payments with, and access to, the Fed. All federally-chartered banks possess a master account.

The Fed’s 49-page ā€˜Final Guidance’ mentions the word "cryptocurrency" only once, when discussing the sort of novel institutions that may seek master accounts under these guidelines. But the subtext of today’s announcement is inextricably linked to the crypto industry.

Custodia, a crypto bank founded by former Morgan Stanley managing director Caitlin Long, sued the Federal Reserve in June, citing a 19-month delay in the Fed’s processing of the bank’s application for a master account. The Fed’s application paperwork for a master account cites a typical turnaround time of five to seven business days.

The delay is likely due to the Fed’s uncertainty over how to grant traditional banking powers to crypto-native institutions like Custodia and Kraken, which has also yet to hear back about its master account application. In January, Federal Reserve Chairman Jerome Powell chalked up the delay to the ā€œhugely precedentialā€ nature of such a decision.

The Fed is hopeful, though, that today’s guidelines will help streamline the application review process for ā€œnovelā€ institutions like Custodia and Kraken.

ā€œThe new guidelines provide a consistent and transparent process to evaluate requests for Federal Reserve accounts and access to payment services in order to support a safe, inclusive, and innovative payment system," Fed vice chair Lael Brainard said in a statement.

The guidelines set up a tiered framework that organizes applicant institutions based on their apparent risk level. Tier 1 would consist of federally-insured applicants, and Tier 2 includes institutions that are not federally-insured but are still ā€œsubject to federal prudential supervision."

Tier 3 includes institutions that are neither federally insured nor subject to prudential supervision, but rather subject to ā€œa supervisory or regulatory framework that is substantially different from, and possibly weaker than… federally insured institutions.ā€

Custodia, Kraken, and other similar crypto banks would likely fall into Tier 3.

Such a tiered system is largely consistent with language first proposed—but not adopted—by the Fed in 2021.

https://decrypt.co/107507/federal-reserve-releases-new-guidelines-for-crypto-banks

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āš ļø Vietnam has closed 86 million bank accounts...

"Vietnam has closed 86 million bank accounts... because they refused... the digital ID."

"You had to register a digital ID with biometric data... And if you don't do it, we'll take your money, whether you like it or not."

"It's coming here. They're pushing for digital IDs."

"We had it during Covid. Oh, just get one vaccination and you'll be fine. And then they took away your permissions... and said, no, actually, you need another one. And then another one."

"The more we give away our freedom, our power, the more they'll take."

"We are on the edge of a cliff... We have to show that we are not going to allow this or accept this. Because if we all stopped going to work, or we all stopped using our cards, they'd... listen to us rather quickly."

"And that's a choice we still have at the moment. If cash disappears, that choice is gone forever."

"And I wouldn't like to think of the world where we are controlled—where we can drive, where we can fly, what food we can eat—and the bank can choose ...

00:03:23
It's All About The Bloodlines Retaining Control šŸ‘ THEY Are Targeting The Children

Chelsea Clinton has launched a new podcast aimed at ā€œdebunking misinformationā€ on health topics like vaccines and fluoride, featuring a lineup of so-called experts.

The show, That Can’t Be True!, will cover topics like childhood vaccines, fluoride, and raw milk, with Clinton and guests aiming to dismiss ā€œmisleadingā€ claims.

Clinton has previously admitted to working with the World Health Organization and the Gates Foundation on a massive childhood immunization campaign šŸ‘‰ to catch as many kids up as possible. šŸ‘©ā€šŸ‘§ā€šŸ‘§

00:02:26
Built On Stellar XLM šŸ’Ž šŸ˜‰

Blockchain adoption demands both privacy and transparency. Stellar is built for both.

@tomerweller, SDF's Chief Product Officer, shares the path to privacy on Stellar:

Dont underestimate Stellar..
This is financial advice. šŸ’Ž

00:01:01
šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

The future of Crypto x AI is about to go crazy.

šŸ‘‰ Here’s what you need to know:

šŸ’  'Based Agent' enables creation of custom AI agents
šŸ’  Users set up personalized agents in < 3 minutes
šŸ’  Equipped w/ crypto wallet and on-chain functions
šŸ’  Capable of completing trades, swaps, and staking
šŸ’  Integrates with Coinbase’s SDK, OpenAI, & Replit

šŸ‘‰ What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto šŸ‘‰txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading
The Pyth Networks Booth At Suifest šŸš€
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🚨 RIPPLE PARTNERS WITH UC BERKELEY TO LAUNCH DIGITAL ASSETS CENTER 🚨

Ripple has partnered with the University of California, Berkeley’s College of Engineering to establish a new Center for Digital Assets (CDA), backed by $1.3 million in funding denominated in Ripple’s USD-backed stablecoin, $RLUSD. The center aims to advance pioneering research at the intersection of blockchain technology and digital twin innovations to revolutionize how physical assets are captured, valued, and exchanged in the digital realm.

šŸ”‘ Key Points:

šŸ”¹ Funding & Mission: Ripple’s $1.3 million $RLUSD donation funds collaborative research designed to develop trusted methods for defining and measuring digital asset value—spanning blockchain-based assets such as NFTs, cryptocurrencies, and tokenized real-world assets, including digital replicas of physical items (digital twins).

šŸ”¹ Partnership & Impact: The center combines UC Berkeley’s academic expertise with Ripple’s technical resources, building on a ...

Never Forget... šŸ’‰ āš•ļø 🩸 šŸ

🚨STUDY: "Millions Saved" COVID Shot Myth OBLITERATED

Peer-reviewed analysis exposes how the vaccine cartel propped up its fraudulent talking point — ā€œmillions of lives savedā€ — with computer models, false assumptions, and censorship ā¬‡ļø

Step 1 — The Modeling Scam:
ā€œMillions savedā€ came from computer models, not real data. Watson (Lancet), MeslĆ© (Eurosurveillance), and a Commonwealth Fund blog stacked assumptions, ignored natural immunity, and excluded harms. Political projections, not science.

Step 2 — The ā€˜Stop the Spread’ Lie:
Those models only worked because they assumed shots blocked infection chains. But COVID shots never prevented infection or transmission. Breakthroughs appeared within weeks, and by 2022 the boosted were driving waves. Core input = false.

Step 3 — Zero Proof of Deaths Prevented:
When transmission collapsed, the cartel claimed shots still prevented millions of deaths. Yet RCTs showed no mortality benefit (Pfizer: 15 vs. 14 deaths), observational ...

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, ā€œThe Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.ā€

The data includes Real GDP and the PCE Price Index,Ā which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data šŸ‘‰will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain areĀ Eternl,Ā Typhon,Ā Vespr,Ā Yoroi,Ā Lace,Ā ADAlite,Ā NuFi,Ā Daedalus,Ā Gero,Ā LodeWallet,Ā Coin Wallet,Ā ADAWallet,Ā Atomic,Ā Gem Wallet,Ā TrustĀ andĀ Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention toĀ Non-CustodialĀ andĀ CompatibilityĀ fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

Ā 

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