XRP News Today: XRP Bulls Ready for Takeoff as SEC and Ripple Hit Pause Button – Brave New Coin
Ripple and the SEC have requested a pause in legal proceedings until August 15, potentially marking a turning point in the XRP lawsuit. XRP derivatives show bullish sentiment, with price action hinting at a breakout.
Report: Libertarians Rally Behind Crypto Entrepreneur Roger Ver Before Midterms – Bitcoin News
Libertarians are supporting crypto entrepreneur Roger Ver, comparing his legal situation to Ross Ulbricht’s, to emphasize government overreach ahead of midterm elections.
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The GENIUS Act, a US stablecoin regulation bill, cleared a Senate procedural vote and faces a final decision before moving to the House of Representatives.
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
The GENIUS Act, a US stablecoin regulation bill, faces a key Senate vote. It aims to establish oversight, ensure 1:1 backing, and strengthen the dollar’s role in crypto, despite some opposition over safeguards.
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act
Treasury Secretary Scott Bessent advocates for stablecoins as a tool to reduce federal borrowing costs, citing the GENIUS Act’s potential to boost the $3.7 trillion stablecoin market by 2030 with clear regulations.
Coinbase Seeking SEC Approval for Tokenized Stock Trading in Push To Compete With Robinhood: Report – The Daily Hodl
Coinbase is seeking SEC approval to offer tokenized stock trading, aiming to compete with platforms like Robinhood by enabling blockchain-based equities with 24/7 trading and lower costs.
Canada Approves First XRP Spot ETF on Toronto Stock Exchange – Crypto News Bitcoin News
Canada approves its first XRP spot ETF, managed by Purpose Investments, set to launch on the Toronto Stock Exchange on June 18, offering regulated XRP exposure in CAD and USD.
JP Morgan Exec Wary of ‘Overcrowding’ Stablecoin Market – Decrypt
JP Morgan executive Emma Lovett warns of potential overcrowding in the stablecoin market, as major banks explore partnerships and regulatory clarity awaits the GENIUS Act vote.
Coinbase seeking SEC approval to offer blockchain-based equities
Coinbase seeks SEC approval to offer blockchain-based equities, aiming to merge traditional stocks with crypto infrastructure. Regulatory clarity could unlock institutional interest in tokenized assets.
Coinbase is seeking SEC approval for ‘tokenized equities’ — Report
Coinbase seeks SEC approval to offer tokenized stock trading in the US, competing with platforms like Robinhood. The move aligns with a friendlier regulatory environment under the current administration.
