Ripple Payments Europe Added to EU MiCA Register
Ripple Payments Europe has been added to the EU MiCA register following approval in Luxembourg. The license grants passporting rights across 30 countries.
Jesse Pollak Resets Base Strategy After Onchain Social Decline
Jesse Pollak admitted his onchain social strategy failed as Zora volumes fell 99.8%. Base will now focus on trading, stablecoin payments, and AI agents under Coinbase oversight.
SK Hynix Leveraged ETF Drops 45% After Debut
The Samsung KODEX SK Hynix Single Stock Leverage ETF has fallen about 45% since its late May debut. South Korea’s regulator says the approvals were granted too hastily.
Wyden Pushes to Keep Section 604 in Clarity Act Debate
Senator Ron Wyden is pushing to keep Section 604 in the Digital Asset Market Clarity Act. The provision clarifies that non-custodial software developers are not money transmitters solely for publishing code.
Taiwan Passes Virtual Asset Service Act With New Licensing Rules
Taiwan’s Legislative Yuan passed the Virtual Asset Service Act, expanding crypto oversight to licensing and stablecoin regulation. The law sets reserve rules, audits, and criminal penalties.
Base Delays B20 Activation After Two Network Stalls
Base delayed the mainnet activation of its B20 token standard after two consecutive network stalls. The incidents did not affect user funds but halted block production.
Legal | Markets & Finance | News | Regulation
Pump.fun Offers $5M CLO Role Amid Expanding US Lawsuit
Pump.fun is hiring a Chief Legal Officer with a base salary of up to $5 million while facing a class action lawsuit in New York that includes RICO claims.
Ripple Launches RLUSD in Japan Under New Stablecoin Rules
Ripple has launched its RLUSD stablecoin in Japan through SBI VC Trade following new rules for foreign-issued stablecoins. The token is classified as an electronic payment instrument under the Payment Services Act.
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Binance Withdraws Greek MiCA Application Before EU Deadline
Binance has pulled its MiCA application in Greece days before the EU deadline. The exchange says it will seek authorization in another member state.
DeFi Leverage Ratio Rises to 38% After 13B US Dollar TVL Outflows
DeFi’s on-chain leverage ratio has climbed to 38% after April exploits triggered 13 billion US dollars in TVL outflows. The increase reflects shrinking capital rather than rising borrowing.