Ripple, SBI Plan RLUSD Stablecoin Distribution in Japan by 2026
Ripple and SBI Holdings plan to roll out Ripple USD (RLUSD) in Japan, aiming to tap into the country’s emerging stablecoin market under new regulatory frameworks. The two companies announced on Friday that they had signed a memorandum of understanding, in which SBI VC Trade’s role is that of...
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Will Markets Fall Further When $4.8B Crypto Options Expire Today?
Around 33,700 Bitcoin options contracts will expire on Friday, August 22, and they have a notional value of roughly $3.8 billion. This expiry event is smaller than last week’s and unlikely to influence spot markets, which have started to move higher after a mid-week correction. All eyes are on...
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Ethereum Now Carries Tokenized Notes From Singapore’s Largest Bank
DBS Bank has begun issuing tokenized structured notes on the Ethereum public blockchain, a step that opens these products to a wider pool of investors. According to DBS, the move by Singapore’s largest lender shifts a product long kept for private clients into a market where trades can happen...
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Injective partners with Republic to expand on-chain private market access
Injective has joined forces with Republic to connect traditional finance with blockchain, enabling tokenized private market access.“““““““`...
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Weeks After Tornado Cash Co-Founder’s Conviction, DOJ Official Says ‘Well-Intentioned’ Developers Not Responsible For Third-Party Abuse
The Justice Department has decided to ease its approach towards developers who create decentralized platforms for sending cryptocurrencies without criminal intent, a key official said Thursday. Developers Of ‘Neutral Tools’ Not Liable For Third-Party Abuse During a speech at the Wyoming Blockchain summit, Matthew Galeotti, acting Assistant Attorney General of the...
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UK Clamps Down on Crypto Networks Aiding Sanctions Evasion
The UK government is cracking down on financial networks and crypto systems that it believes are helping Russia get around Western sanctions. This latest move targets a cluster of platforms linked to a Kyrgyz-based stablecoin operation used to quietly move money across borders. A7A5 Stablecoin Raises Red Flags A...
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State Street Takes the Blockchain Leap in Debt Markets
State Street has stepped into tokenized finance with a $100 million digital debt issuance using JPMorgan’s private blockchain. It’s not a headline-grabbing crypto stunt. It’s a serious step toward modernizing how traditional financial instruments move behind the scenes. First Third-Party Custodian on JPMorgan’s Platform What makes this different is...
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Ripple Taps SBI to Distribute RLUSD Stablecoin in Japan, But XRP Falls
Ripple Labs has entered into a collaboration with SBI Holdings, a major Japanese financial services conglomerate, according to an announcement on Friday. The memorandum of understanding is to distribute Ripple’s stablecoin, RLUSD, in Japan through SBI subsidiary SBI VC Trade, starting in Q1 2026. SBI VC Trade holds multiple...
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Japan’s SBI Holdings Joins Tokenized Stock Push With Startale Joint Venture
Japanese financial giant SBI Holdings is moving into the red-hot tokenized stock market through a joint venture with Singapore-based blockchain development firm Startale. The companies plan to build an on-chain platform designed for trading tokenized equities and real-world assets (RWAs), they announced on Friday. The step puts SBI alongside...
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Jerome Powell’s Jackson Hole Moment: Crypto Traders See 85% Rate Cut Odds In 2025, While Morgan Stanley Says Fed Will Stay On The Sideline
Ahead of Federal Reserve Chair Jerome Powell’s pivotal Jackson Hole address on Friday, cryptocurrency bettors are pricing in more than an 80% chance that the central bank cuts interest rates this year. Polymarket Bettors Confident Of Rate Cuts On the prediction platform Polymarket, the likelihood that the Fed loosens...
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