Crypto News

Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments. Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo Integration Ripple announced on May 19 that Zand Bank and Mamo have become the first customers in the UnitedSource link

The U.S. Senate voted to move ahead on stablecoin legislation Monday night, removing a procedural barrier to ultimately passing the bill out of the body entirely.Senators easily cleared the 60-vote threshold for the vote, which is intended to just move the legislation to a period of further debate before a final vote series to pass it out of the Senate. The House of Representatives is working its way through its own version of stablecoin legislation, which is intended to create a regulatory framework for stablecoins and their issuers in the U.S. The Senate previously failed to reach the 60-vote threshold to advance the bill during a vote on May 8, after Democratic lawmakers raised concerns about consumer protection and national...

The GENIUS Act passed a cloture vote Monday evening less than two weeks after failing one. It will now head to a full floor vote.Source link

AI filmmaking lands in Spain with "The Great Reset" as actors elsewhere worry about being replaced by pixels.Source link

JPMorgan, the largest U.S. bank, is preparing to provide its clients with direct access to bitcoin, signaling a major move toward broader institutional adoption of the cryptocurrency. Wall Street Giant Opens Bitcoin Gateway: JPMorgan Greenlights Bitcoin Access JPMorgan Chase CEO Jamie Dimon said on Monday during the bank’s annual investor day that clients will soonSource link