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Ripple’s CEO Brad Garlinghouse has also long advocated for a multi-token US crypto reserve similar to the one pitched by Trump on March 2.
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Cyberport has signed numerous Memorandums of Understanding (MoUs) with universities and institutions to help students with internship and employment opportunities. Lastly, the Hong Kong government allocated $3 billion Hong Kong dollars ($385.6 million) to Cyberport for the launch of a three-year AI Subsidy Scheme to support the innovations.
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Illinois Senator Dick Durbin, a Democrat who formerly chaired the Senate Judiciary Committee, has proposed legislation to reduce fraud at crypto ATMs in the United States.
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“It seems they are planning to have pump tokens graduate to their own pools instead of Raydium so they can either extract more fees on Solana or have some mechanism to reward token holders,” trenchdiver said.
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https://warpcast.com/chsmith07201/0x487e5bda
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The stable token may launch on Avalanche or Sui, based on the release of a shortlist of qualified vendors at a public meeting on Feb. 14.
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The US SEC has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital (3AC) collapse.
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The bill proposed that the Wyoming state treasurer may use the general fund, the permanent Wyoming mineral trust fund, and the permanent land fund to invest in Bitcoin; however, it was said that under each fund, no more than 3% could be allocated to Bitcoin.
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Lummis, a vocal Bitcoin advocate who introduced the Bitcoin Strategic Reserve bill for the US government in July 2024, praised Wyoming representative Jacob Wasserburger for introducing the legislation to “allow permanent funds to diversify into Bitcoin.”
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On Dec. 27, Montenegrin Justice Minister Bojan Bozovic finally approved Kwon’s extradition to the United States.
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Coffeezilla added that the claims of a $500 million rug pull or Welch profiting $50 million from the token launch were also misinformation and overblown allegations.
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“We have affordability challenges, and I truly believe that Bitcoin could be something that can solve our challenges, both financial and affordability,” Sim said.
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Before the vote, Sim said he filed the motion in response to “challenges in the future” and as a way to secure “the next 100 years for the City of Vancouver.”
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Preview listings of RLUSD have already appeared on major cryptocurrency data providers, including CoinGecko and CoinMarketCap.
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The blockchain firm has cautioned against tokens claiming to be RLUSD or Ripple USD until an official announcement confirms the launch.
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According to Fox Business, Ripple is expected to launch RLUSD on Dec. 4, following approval by the New York Department of Financial Services.
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Ripple is preparing to launch its United States dollar-pegged stablecoin RLUSD. The cryptocurrency community highly anticipates the launch, which is expected on Dec. 4.
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Today in crypto, Ripple is expected to launch its United States dollar-pegged stablecoin Ripple USD (RLUSD) on Dec. 4, Grayscale filed for a spot Solana ETF in the US, and Bitcoin has recovered on South Korean exchanges after a sudden $30,000 drop following President Yoon Suk Yeol’s declaration of martial law, which has since been reversed.
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Additionally, Chaudhary mentioned that India has registered 47 virtual digital asset service providers as reporting entities with the Financial Intelligence Unit under the country’s Anti-Money Laundering laws.
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According to a spokesperson from WazirX, the tax evasion case occurred when the “GST law on cryptocurrencies was not clear in India.”
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