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The Singapore-based platform intends to introduce its own stablecoin, providing users with a stable digital asset to avoid market volatility, while also catering to emerging markets seeking access to US dollar equivalents. Additionally, Crypto.com plans to launch an exchange-traded fund (ETF) based on its Cronos token, capitalizing on the increasing interest in crypto-related exchange-traded products.
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Ripple Labs, the company behind the popular cryptocurrency XRP, has taken another significant step in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). This move comes as a part of the ongoing dispute regarding whether XRP should be classified as a security.
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