Big News for Ripple and RLUSD: Details Here
Ripple’s stablecoin RLUSD gains approval from Dubai’s DFSA, enhancing its regulatory compliance and utility. The token is now recognized in the DIFC, boosting Ripple’s global presence and institutional adoption.
Bitcoin miners sued over cryptography patents in US court case
Malikie Innovations sues Bitcoin miners Marathon Digital and Core Scientific over alleged patent infringement of Elliptic Curve Cryptography used in Bitcoin mining operations.
Solana Foundation Signs Crucial MoU With Dubai’s VARA: Details – Coinspeaker
Solana Foundation partners with Dubai’s VARA to enhance crypto collaboration, focusing on talent development, workshops, and regulatory innovation. Solana’s price rose 2% following the announcement.
Ripple RLUSD and Solana deals enhance Dubai crypto hub status
Dubai strengthens its crypto hub status through partnerships with Solana and Ripple. Solana collaborates with VARA for blockchain education, while Ripple’s RLUSD stablecoin gains DFSA approval for use in DIFC.
Ripple’s Stablecoin Gets Dubai’s Nod: What This Means for Crypto – Coinspeaker
Dubai’s DFSA approves Ripple’s RLUSD stablecoin for use in DIFC, boosting Ripple’s payment solutions and supporting Dubai’s digital asset hub ambitions.
Coinbase delayed revealing data breach that may cost up to $400M, drops third-party vendor
Coinbase delayed disclosing a data breach affecting 69,000 customers, potentially costing $400M. The breach involved a third-party vendor, TaskUs, whose employees leaked sensitive data. Legal and regulatory scrutiny mounts over the four-month disclosure gap.
USDC Issuer Circle Now Targets $7.2 Billion Valuation In Major US IPO | Bitcoinist.com
Circle, issuer of USDC stablecoin, increases IPO price range to $27-$28 per share, aiming for a $7.2B valuation. The move reflects strong market demand and favorable regulatory trends.
UK FCA-registered BCP launches British pound stablecoin
BCP Technologies, an FCA-registered UK crypto firm, launched a British pound-backed stablecoin, tGBP, after a 14-month regulatory review. The ERC-20 token is fully cash-backed and targets multiple use cases.
US Crypto Lobby Pushes for Swift Passage of Stablecoin Bill
Crypto lobbyists urge US lawmakers to pass the GENIUS Act, a stablecoin oversight bill, amid concerns over delays from unrelated amendments. The stablecoin market could reach $2 trillion by 2030.
Revolut eyes crypto derivatives push, job listing suggests
Revolut is planning to enter the crypto derivatives market, as indicated by a job listing for a General Manager role. The move could face regulatory challenges in the UK but may find opportunities in the EU or Dubai.
