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Ripple's RLUSD Gains Fiat-Referenced Status in Abu Dhabi

Ripple USD stablecoin (RLUSD) is gaining traction in the traditional finance space as the token has achieved a major regulatory milestone in the Middle East. As per a post shared by Ripple's Managing Director, Middle East & Africa, Reece Merrick, RLUSD has been approved as "lending collateral.

Source name: u.today

Related symbols: GAINSUSD

10 minutes ago

Crypto Markets Today: Bitcoin Leads Broad Recovery as Traders Eye Possible Santa Rally

Bitcoin and ether surged following Wednesday's tech-led equities rebound, while derivatives flows signal growing optimism for a year-end push.

Source name: coindesk.com

Related symbols: BTCUSD

10 minutes ago

Dutch Bitcoin Asset Manager Blockrise Obtains MiCAR License for European Expansion

Blockrise secures a Markets in Crypto-Assets Regulation license, positioning itself as a regulated bitcoin-only platform across the European Union. Rotterdam-based Blockrise, a Dutch bitcoin startup, has been granted a license by the Dutch Authority for the Financial Markets (AFM) under the new European Markets in Crypto-Assets Regulation (MiCAR).

Source name: news.bitcoin.com

Related symbols: BTCUSD

10 minutes ago

'Improving Risk Sentiment' Driving Bitcoin's $90K Retest: QCP

Analysts remain cautiously optimistic, with Bitcoin reclaiming $90K as the chances of a December rate cut hit 85%.

Source name: decrypt.co

Related symbols: BTCUSD

30 minutes ago

Pi Network Boosts Utility With Major Partnership With CiDi Games, Expert Calls it “ Real Progress”

Pi Network has continued to build on its utility in gaming because of a new partnership. The platform partnered with CiDi Games in a bid to extend its reach in Web3 gaming.

Source name: coingape.com

Related symbols: PIUSD

33 minutes ago

Upbit Loses $37M in Solana Hack, Suspends Withdrawals

Crypto exchange halts withdrawals after $37 million Solana hack, which affected 24 tokens.

Source name: dailycoin.com

Related symbols: SOLUSD

33 minutes ago

Ripple's RLUSD Gains Approval in Abu Dhabi's ADGM

Its USD-backed stablecoin, RLUSD, has been recognised as an Accepted Fiat-Referenced Token by Abu Dhabi's Financial Services Regulatory Authority (FSRA). This approval allows RLUSD to be used within the Abu Dhabi Global Market, the city's international financial centre.

Source name: altcoinbuzz.io

Related symbols: GAINSUSD

33 minutes ago

Tether CEO blasts S&P Global after USDT downgrade to ‘weak' rating

Tether has doubled down on BTC and gold as a reserve assets.

Source name: ambcrypto.com

Related symbols: USDTUSD

33 minutes ago

Do Kwon says 5-year US sentence is enough, faces 40 years in South Korea

Terraform Labs co-founder Do Kwon has asked a US court to limit his prison term to five years as he faces a separate case in South Korea.

Source name: cointelegraph.com

Related symbols: LUNAUSD

44 minutes ago

Here's What Could Happen With Ethereum in December

Ethereum has had a rough year. December could see things get worse.

Source name: fool.com

Related symbols: ETHUSD

50 minutes ago