Ripple (XRP) is losing momentum, trading at around $2.19 at the time of writing on Thursday. Bulls’ attempts to shape the uptrend toward key hurdles at $2.36 and $2.52 failed to gain traction amid …
Ripple’s RLUSD Hits Record High as UAE Opens the Door to Institutional Use
Ripple’s RLUSD stablecoin hits a record $1.26B market cap as Abu Dhabi’s FSRA greenlights its regulated use, accelerating adoption.
Abu Dhabi regulator approves Ripple’s RLUSD stablecoin for institutional use
Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. In a Thursday announcement, …
Crypto News: Ripple’s Stablecoin RLUSD Cleared for Abu Dhabi Financial Markets
Ripple’s RLUSD stablecoin has received approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi’s Global Market (ADGM). The approval classifies RLUSD as a Fiat-Referenced Token …
Capital.com credits crypto for Q3 trading volume rise to $755 million
UAE-regulated Capital.com, a global trading platform, reported that of its Q3 trading volumes of $755 million, crypto contributed to 51% of that total, and as such, the company has expanded its crypto …
Crypto’s brightest minds prepare to gather
Crypto-focused regulators are also beginning to emerge, such as Dubai’s own Virtual Asset Regulatory Authority (VARA) which introduced the world’s first virtual asset-tailored regulations, helping …
Robinhood buying crytocurrency exchange Bitstamp for about $200 million
Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally. Bitstamp, founded in 2011, has …
Binance Launches ‘Binance Prestige’ Bespoke Service for Private Wealth and Asset Allocators Taking First Step into Crypto Amid Rising Demand
Binance, the largest cryptocurrency exchange by volume and users, today announced the launch of Binance Prestige, a bespoke service designed …
eToro Opens UAE Crypto Transfers, Adds Local-Equity Rewards for Traders
Toro has opened crypto deposit functionality to users in the United Arab Emirates, marking a major step in the broker’s regional strategy and reinforcing the …
300 U.S. families sue Binance, accuse of enabling $1B for Hamas
Families of roughly 300 United States citizens killed or injured in the Oct. 7, 2023, attack on Israel have filed a lawsuit alleging that Binance facilitated more than $1 billion in crypto transfers …
XRP Healthcare LLC Expands First HIPAA-Grade, Open-Source XRPH Wallet Into U.S. and East African Pharmacy Markets
The XRPH Wallet enables pharmacies, outpatient clinics, distributors, and healthcare suppliers to send and receive real-time payments in XRP, XRPH, and RLUSD, with settlement finality in 3–5 seconds …
BlockHaven Expands to 1,345+ Cryptos and 900,000+ Pairs with New Fiat On/Off-Ramps and Ultra-Fast Swaps
BlockHaven now supports more than 1,345 crypto assets: Bitcoin, Ethereum, USDT, and more. The company said the expansion helps users reach a wider set of digital markets. BlockHaven also increased its …
Bitmine-linked wallet adds more ETH, BMNR shares still slide
A wallet linked to Bitmine kept adding more ETH, even as prices moved to the $2,800 range. Bitmine is among the few DAT companies to continue with sporadic and sizable ETH orders.
Binance Adds Swiss Franc to Triparty Collateral as Institutions Diversify
Binance is expanding its Banking Triparty framework once again — this time adding the Swiss Franc (CHF) as an approved off-exchange collateral option. The …
Live Ethereum Price in UAE Dirham ETH/AED
ETH/AED performance summary: Ethereum eased around one percent against the UAE Dirham on Thursday, with the ETH/AED rate drifting lower by 0.94% to about AED10,987.75 after opening near AED11,091.92.
Cryptocurrency exchange Kraken to buy NinjaTrader for $1.5 billion
March 20 (Reuters) – Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail futures trading platform NinjaTrader for $1.5 billion, in a deal that would allow …
Kraken Hits $20B Valuation with Citadel Investment
Kraken raises $800 million, including $200M from Citadel, hitting a $20B valuation as it targets a 2026 IPO and global financial expansion.