Crypto Eagle’s Post

#BlackRock #circle #USDC #maltaway #tax #crypto https://lnkd.in/dQmENsWF "banks will backdoor themselves into stablecoins - by acquiring/partnering/controlling crypto native companies - and they’ll lobby for stablecoin legislation and make it happen along the way. The US does not have the political will to build #CBDC. They're create one defacto through private bank issued #stablecoins on public crypto networks like Ethereum.”

Ripple CEO Brad Garlinghouse announced on Dec. 11 that Ripple has received approval from the New York State Department of Financial Services (NYDFS) to launch its Ripple USD (RLUSD) stablecoin. Despite a delay from its initially scheduled approval date of Dec. 4 due to "unexpected developments," Ripple remains committed to launching the stablecoin under NYDFS supervision. Key Highlights: Regulatory Approval: Ripple obtained approval from the NYDFS, a requirement for crypto firms operating in New York. Stablecoin Market Dynamics: The total stablecoin market cap reached $192.8 billion, dominated by Tether (USDT) at $141 billion. Competitive Landscape: New entrants like PayPal’s PYUSD and Ethena’s USDe face challenges in gaining traction. PYUSD’s market cap halved after its incentive program ended, while USDe’s aggressive 27% APY incentive boosted its market size to $5.6 billion. RLUSD’s Strategy: Ripple’s stablecoin will need to differentiate itself, potentially through competitive returns or incentives, to compete in the highly saturated stablecoin market. Ripple aims to leverage its regulatory compliance and innovative offerings to gain a foothold in the competitive stablecoin sector.

GFO-X has partnered with top financial firms like Standard Chartered, Virtu Financial, and ABN Amro. Launching in early 2024, it will offer Bitcoin index futures & options, cleared via LCH SA's new DigitalAssetsClear framework. 🚀 https://lnkd.in/dqyCGrCH #crypyonews

https://lnkd.in/gCWwZVe7 Keen to know more on #stablecoins - What are stablecoins? Are they different from #cryptocurrencies and if so, how? What is their purpose? What incorporates stability into these tokens? Can they lose value? What are various types of stablecoins? And the concerns/challenges around them? Where are these tokens used? Check out this link for some answers - https://lnkd.in/gCrCNrFg

Binance.In 2025, the US plans to reintroduce USD services Binance.In the wake of previous regulatory obstacles, the United States intends to reinstate US dollar services in early 2025, with an emphasis on user demands, platform innovation, and compliance. Read for More:- https://lnkd.in/gu47PfcC #Binance #crypto #Finance #USD

https://lnkd.in/d6j6CWuX Coinbase Global Inc, the cryptocurrencies exchange is undervalued on the possibility of Bitcoin reaching and surpassing 200 000 USD in 2025 on broader adoption due to measures, which Donald Trump's administration could undertake, according to Wolfteam Ltd.'s projections and estimates. Coinbase's market capitalization could surpass 400 billion USD, compared with Coinbase's current market capitalization of 76.27 billion USD. #stocks #cryptocurrencies #crypto #bitcoin #exchange #stockmarket #investing #investment #wallstreet #ethereum #eth #btc #ico #equities #tech #technology #silyconvalley

🌟 **Challenging the Status Quo in Finance** 🌟 💡 Coinbase's recent move to delve into crypto derivatives in the EU through an acquisition hints at a strategic push towards institutional clients, marking a pivotal shift in its business model. What are your thoughts on this shift towards regulated derivatives trading? 💼 The acquisition of a MiFID II licensed company opens new avenues for Coinbase to offer futures and options, bridging the gap in its product offerings for professional investors. How significant do you think this move is in the competitive landscape of crypto exchanges? 🌍 Coinbase's vision to bring a more open financial system to a global audience of 1 billion people is ambitious. How do you feel about the potential impact of such expansions on the broader adoption of cryptocurrencies worldwide? 🔍 As Coinbase navigates the regulatory landscape with compliance standards and a dedicated global team, how do you view their commitment to ensuring a secure and compliant trading environment for users? 📈 Derivatives stand as a critical battleground in the realm of cryptocurrency trading. With Coinbase stepping into this arena, how do you perceive the dynamics shifting in the crypto market, especially with giants like Binance dominating the derivatives space? 🔮 The future of finance seems poised for innovation and evolution with Coinbase's strategic expansions. What are your hopes and concerns about the direction the financial industry is heading with the integration of crypto derivatives and advancements in blockchain technology? 🤔 Share your thoughts and feelings on this intriguing development in the world of cryptocurrency and finance! https://lnkd.in/e4JS3Ek9

Bitfinex Securities, a #securities #token platform, has expanded its operations to El Salvador as a licensed #digital #assets service provider. Read more here 👉 https://bit.ly/3OpqKcl #Bitfinex #cryptocurrency #digitalassets #expansion #Bitcoin #regulation #ETF #ThePaypers

The FinTech Year in Stories: May: We look at the articles that made the news in fintech in 2024. Today, it is May… US SEC Approves Spot Ethereum ETFs: Crypto's Rise Continues. In what ... #finpeform #fintech