The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin. Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. These may include payments, treasury management and services. The DIFC is a free economic zone and…
What is the SEC’s 2025 guidance? The US Securities and Exchange Commission’s Division of Corporation Finance (CorpFin) released a comprehensive statement on April 10, 2025, outlining what companies need to disclose when offering or registering crypto asset securities. This statement (the SEC’s 2025 guidance) aims to reduce ambiguity regarding classifications of crypto tokens under US securities laws….
Russia’s largest commercial bank, Sber has launched a Bitcoin-linked bond product that tracks the cryptocurrency’s change in price and the dollar-to-ruble exchange rate. The product is already available to qualified investors in the over-the-counter market, and Sber plans to list the product on the Moscow Stock Exchange in the future, the company formerly known as Sberbank said in a…
Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt on The Open Network, in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping or middlechains….
South Korea’s crypto scene will gain either way in the country’s presidential elections, as both candidates have run on pro-crypto platforms, pledged to ease regulations and expand crypto access. South Koreans will head to the polls on June 3 to elect a new president in a snap election to replace Yoon Suk-yeol, who was impeached…
Traders are increasingly pivoting to quick, short-term profit-taking strategies, in response to US President Donald Trump’s trade tariffs, rather than letting their positions run, according to Arrash Yasavolian, CEO and founder of the Bittensor-based Taoshi AI-enhanced trading platform. In an interview with Cointelegraph, the CEO said the tariffs have created headline-driven volatility across financial markets that can…