🚨🗞️NEW: March Brings Another Shot at Clarity Act Markup as Stablecoin Talks Drag On
A White House deadline for banks and crypto to strike a stablecoin deal has passed — now what? ⬇️
https://t.co/wMUTQye5KJ
🇺🇸 NEW: Ripple CEO Brad Garlinghouse says the door to a bank-crypto deal is wide open, urging banks to act in good faith as stablecoin yield negotiations continue.
🏆RIPPLE ENTERS TOP 10 MOST VALUABLE UNICORNS GLOBALLY
Ripple Labs has climbed into the top tier of global unicorns, with a valuation above $50 billion, according to CB Insights data.
Ripple now ranks just behind SHEIN and ahead of companies like Figure, Ramp, Canva, and Perplexity AI.
Founded in 2012 by Chris Larsen and Jed McCaleb, Ripple was built as a blockchain-based payments rail and has grown into one of the most valuable private firms in the world.
LATEST: 🇺🇸 The US crypto market structure bill has cleared another hurdle, with Senator Roger Marshall agreeing to withdraw his credit card swipe fee amendment, according to Politico.
⚡️JUST IN: CME GROUP TO LAUNCH CARDANO, CHAINLINK, AND STELLAR FUTURES
Expanding its crypto derivatives lineup, CME Group is set to launch Cardano (ADA), Chainlink (LINK), and Stellar (XLM) futures, on February 9.
While long-overdue, this move by @SenatorTimScott and @BankingGOP on market structure is a massive step forward in providing workable frameworks for crypto, while continuing to protect consumers. Ripple (and I) know firsthand that clarity beats chaos, and this bill’s success is crypto’s success.
We are at the table and will continue to move forward with fair debate. I remain optimistic that issues can be resolved through the mark-up process.
🚨NEW: Tonight, @BankingGOP circulated an official notice for its crypto market structure markup on Thursday, January 15 at 10:00 AM ET, signaling that the House’s CLARITY Act will be the vehicle for the new, bipartisan text that has been the product of months of Senate negotiations.