Tag: Crypto

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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Senate Banking Committee Postpones Crypto Market Structure Bill

Senate Banking Committee chairman Tim Scott announced on Thursday that the markup of the digital asset market legislation, originally scheduled for today, has been postponed. “I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table working...
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