MANTRA Cuts Staff to Stay Afloat After Brutal Market Year

MANTRA founder and CEO John Patrick Mullin announced a significant restructuring at the company. In a post on X, Mullin confirmed that the company behind the real-world asset-focused Layer 1 blockchain will cut staff across multiple teams as it seeks to reset its cost structure after “the most challenging...
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Ripple Clinches Major License Win In Luxembourg After UK Achievement

Ripple announced Wednesday that it has received a preliminary Electronic Money Institution (EMI) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This follows on the heels of a similar license and Crypto asset Registration given by the UK’s Financial Conduct Authority (FCA) last Friday. EU Regulatory Progress...
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Tim Scott Says Everyone Remains At The Table In ‘Good Faith’ As Senate Delays Crypto Bill Markup After Opposition From Coinbase

Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said late Wednesday that the committee is delaying the markup of cryptocurrency market structure legislation amid opposition from industry figures. ‘Brief Pause’ To Establish Consensus Scott said in a statement that the committee is taking a “brief pause” before moving to markup and that...
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Trump Family-Backed Crypto Platform Partners With Pakistan To ‘Explore’ Stablecoin Payments

Pakistan’s government said Wednesday it’s partnering with World Liberty Financial (CRYPTO: WLFI), a decentralized platform affiliated with President Donald Trump’s family, to “explore” stablecoins for cross-border transactions. Pakistan To Use Dollar Stablecoins For Payments? The Pakistan Virtual Assets Regulatory Authority announced in an X post that World Liberty Financial has signed a Memorandum...
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