Crypto News
Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows
Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide are increasingly shifting away from the U.S. dollar in trade, opting insteadSource link
Ripple: Digital Assets Are Fueling $100B Custody Boom—Institutions Are Scrambling
The global custody market is booming, projected to exceed $100 billion by 2033, with crypto driving demand for secure, compliant, and scalable custody solutions, Ripple says. Crypto Custody Is Booming: Ripple Unveils the Blueprint for Custodian Success Ripple published insights on Feb. 5, 2025, detailing how custodians can address the growing demand for institutional cryptoSource link
Sony’s Soneium Releases First Music NFT Collection With Coop Records’ NUU$HI Drop
Sony's blockchain platform is debuting its first music release with Coop Records, but questions remain over mainstream viability.Source link
Coinbase Pressures Regulators to Let Banks Hold Crypto—Game-Changer Ahead?
Coinbase is demanding federal regulators tear down banking barriers to crypto, arguing that clear, enforceable rules will unlock financial innovation, stability, and mass adoption. Coinbase Battles Banking Barriers—Will the Feds Finally Open the Floodgates? Crypto exchange Coinbase (Nasdaq: COIN) is pressing federal banking regulators to create standardized regulations for cryptocurrency-related services within the banking industry.Source link
Ripple USD Expands to More Platforms—See the Full List of RLUSD Exchanges
Ripple USD (RLUSD) is expanding to more platforms, including Zero Hash and Revolut, strengthening its presence in trading, payments, and financial applications across multiple blockchains. RLUSD Lands on More Platforms Ripple is strengthening the presence of its stablecoin, Ripple USD (RLUSD), through new partnerships, adding Zero Hash and Revolut to its growing list of platforms,Source link