📢 Today’s Top Crypto Headlines:
🇬🇧 UK Accelerates Stablecoin Regulations
• Bank of England Deputy Governor Sarah Breeden confirmed faster rollout of stablecoin rules
• Proposed issuance caps: £10 M (corporate) | £20 K (individuals)
• Framework tailored to the UK’s bank-heavy mortgage system, differing from the U.S. model
• Signals commitment to safe integration of stablecoins into national finance
💰 Ripple Raises $500 M & Tests RLUSD Stablecoin
• $500 M funding led by Fortress Investment Group & Citadel Securities → valuation $40 B
• Partners: Mastercard, WebBank, Gemini for credit-card pilot using $RLUSD (XRP Ledger)
• $RLUSD circulation tops $1B, regulated under NY Trust Charter — first U.S. bank pilot using public blockchain for fiat
📊 Robinhood Q3 Earnings Surge
• Revenue +129% YoY → $1.27 B (EPS $0.61)
• Crypto revenue +300% → $268 M | Options +50% | Stocks +132%
• Active users 26.8 M (+2.5 M) | Assets $333 B
• Expanding via Bitstamp & WonderFi acquisitions, Arbitrum tokenized stocks, and crypto perpetuals in EU
🚀 CMT Digital Launches $136 M Venture Fund
• Closed $136 M Fund IV (target $150 M)
• Backed by strong LP demand despite tighter VC climate
• Reinforces long-term confidence in crypto startups and Web3 innovation
Discover real-time, AI-powered market insights, only with SWFTGPT!
📲 Listen now:
2.88K
8
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.