Crypto News

Ripple and SEC Ask Court to Pause Appeals as They Fight to End XRP Case

Ripple and the SEC have requested to pause their appeals while awaiting a decision that could finalize their settlement and conclude the prolonged case regarding XRP sales. SEC and Ripple Align on Pausing Appeals Pending Court Decision on XRP Case The U.S. Securities and Exchange Commission (SEC) and Ripple Labs informed the U.S. Court ofSource link

Asia Morning Briefing: GENIUS Act Positions ETH at the Center of Tokenized Finance, Says Wall Street...

Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.As Asia begins its trading day, ETH is trading above $2500 as the U.S. Senate passes the GENIUS Act with bipartisan support.While the Senate was busy passing the GENIUS Act, Vivek Raman, founder of Ethereum advocacy firm Etherealize, was even busier, making the rounds on Wall Street to explain why ETH is suddenly at the center of institutional finance.Of course, Ethereum is nothing new. It's almost a decade old. But finally, in its almost 10 years of existence,...

OpenAI Lands Pentagon Deal—Musk’s xAI Left Watching From Sidelines

A new $200 million contract with the Department of Defense puts OpenAI ahead in the race to bring AI to government.Source link

Coinbase Eyes SEC Approval to Launch Tokenized Stock Trading in US Market

Coinbase is targeting SEC approval to launch tokenized stock trading in the U.S., aiming to transform blockchain into a mainstream vehicle for equities and financial growth. SEC Approval Could Catapult Coinbase Into Tokenized Asset Powerhouse Cryptocurrency exchange Coinbase (Nasdaq: COIN) is pursuing regulatory clearance to introduce tokenized stock trading in the United States, Reuters reportedSource link

SEC Reviews Franklin XRP ETF Proposal in Key Step Toward Potential Approval

The SEC’s review of the Franklin XRP ETF comes amid rising institutional confidence in XRP, underscoring its evolving market maturity and accelerating push for crypto-backed ETFs. SEC Reviewing Franklin XRP ETF Proposal as Confidence Grows in XRP Market Structure The U.S. Securities and Exchange Commission (SEC) announced on June 17 that it has initiated proceedingsSource link