Tag: Ripple

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Ripple gains UAE approval to tap into $400B trade and $40B remittance sectors

The first DFSA license for blockchain-based payments in the UAE was secured by Ripple, granting access to a $400 billion trade hub through regulated...

No new RLUSD tokens minted this week – what’s behind the hold?

Minting of Ripple USD stablecoins has been paused for now, with no new tokens being issued in the past week. The Ripple Stablecoin Tracker X...

SEC ends investigation into PayPal’s PYUSD, easing regulatory challenges for its stablecoin

The SEC issued a subpoena to PayPal in late 2023 regarding its dollar-backed stablecoin. The U.S. Securities and Exchange Commission has closed its investigation into...

XRP experiences 1000% liquidation imbalance as price drops below $2.20

On April 30, XRP's price briefly fell to $2.15, triggering a significant bias in liquidations. Coinglass data shows that traders liquidated $13.9 million in long...

U.S. SEC approves proshares XRP futures ETFs for april 30 launch

Three XRP futures ETFs will be launched by ProShares Trust, providing exposure to XRP’s price movements through an index. The U.S. has approved ProShares Trust...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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