Man…..what an amazing ride it has been! Never thought I’d mint an NFT “ICON” let alone sell it for 125k VET🦍🎉💰💥 @madvapesnft#ForLife 🫡🤝👈 Cheers 🥂 #WhatBearMarket
JUST IN: SBI Holdings acquires Japanese crypto exchange @bitbank_inc for $288.6M, creating Japan's largest crypto operator with 2.92M accounts and $6.8B in customer assets pending regulatory approval.
We're proud to announce that Ripple USD ($RLUSD) is now officially available in Japan, following approval from the Japan Financial Services Agency (JFSA): https://t.co/ChkYMQ6kxW
Through our partnership with SBI Group and @sbivc_official, $RLUSD will be accessible to both institutional and retail users via the VCTRADE platform, serving as a bridge for payments, tokenization, and collateral management.
With $1.7 billion in market cap and a 10-year relationship with SBI, this is a significant milestone in advancing regulated stablecoin adoption across Asia.
NEW: Japan now has a two-tier stablecoin system.
@sbivc_official lists $RLUSD for retail dollar settlements (capped at 1M yen per transaction) while SBI Holdings' $JPYSC handles unlimited yen-denominated corporate settlements, both launch today.
JUST IN: @Ripple receives preliminary MiCA approval in Luxembourg, pending final conditions, it would allow the company to offer regulated crypto and stablecoin services across all 30 EEA countries.
today, @ripple received preliminary MiCA approval to offer regulated crypto payment services across europe.
TLDR MiCA approval allows ripple to legally offer its crypto and stablecoin payment services to banks and businesses across Europe.
here's why it might be one of the most important milestones to date and what it means for the rest of crypto:
1/ MiCA is considered the "gold standard" for crypto regulation
approval is a major stamp of legitimacy, allowing a company to offer its financial services across the entire EU.
2/ regulators gave ripple a "green light letter"
this means ripple met their main requirements pending a few final conditions before a full license is granted.
3/ regulated crypto payments are coming!
the license enables ripple to offer financial infrastructure to european banks and businesses, allowing them to use ripple's tech (including its stablecoin $RLUSD).
this means institutions can finally use its tech to send money across borders in a legal and compliant manner.
needless to say, lock in.
More licensing momentum!
Ripple has secured its preliminary Crypto Asset Service Provider (CASP) license in Luxembourg, paving the way for the full rollout of Ripple Payments across the EEA and full MiCA compliance: https://t.co/maJOvuNehw
The next wave of regulated digital asset adoption in Europe is here and it’s powered by Ripple.
🇺🇸TODAY: BIPARTISAN CRYPTO NEGOTIATORS LAUNCH 11TH-HOUR PUSH TO PASS THE CLARITY ACT
Lawmakers are preparing a "sprint of meetings" next week to finalize key details of the CLARITY Act, per Punchbowl News.
With the August recess rapidly approaching, the Senate is applying "significant pressure" to get a deal across the finish line.
I've been in crypto long enough to know when a moment is real. This is one of them.
10 years of Swell converging with real scale, institutional adoption, and Swell + Apex together for the first time this fall. We've been building toward this moment — see you in New York! @RippleSwell
https://t.co/Kzzcpb9NIB