Tokens Archives - Page 4 of 11

EU regulators probing Robinhood’s tokenized equity plans after OpenAI raises concerns

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Robinhood’s private equity tokens, offering exposure to tech stocks like SpaceX and OpenAI, have triggered regulatory scrutiny in Europe after OpenAI raised concerns and said that the digital assets do not represent equity ownership in the company, CNBC reported on July 7. The Bank of Lithuania, which serves as Robinhood’s primary regulator in the European […]

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Ton Foundation clarifies misleading announcement regarding UAE golden visa

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The TON Foundation has denied claims that it has launched an official UAE Golden Visa initiative, clarifying that no formal partnership exists between the blockchain project and the UAE government. The clarification follows widespread social media reports suggesting that digital asset investors could gain UAE residency through staking TON tokens. Over the weekend, TON promotions

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UAE debunks rumors of crypto-backed Golden Visa for TON investors

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Authorities in the United Arab Emirates have officially refuted claims that digital asset investors now qualify for the country’s long-term Golden Visa. The clarification comes after social media reports suggested a new residency pathway had emerged for crypto users, particularly those involved with the Telegram-related TON token. UAE rejects TON’s golden visa In a joint

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South Korea halts CBDC plans, shifting focus to bank-led stablecoins

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Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative. The Bank of Korea (BOK) halted its “Project Han River,” following mounting pressure from commercial banking partners who cited prohibitive costs and the absence of a viable

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XRP Ledger launches EVM sidechain, bridging Ethereum and XRP

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The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement. The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem. The XRPL EVM sidechain is built to be fast and secure and is connected to the

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Ripple enhances XRP Ledger’s cross-chain capabilities through Wormhole

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Ripple has partnered with Wormhole, a cross-chain messaging protocol, to bring multichain support to the XRP Ledger (XRPL) and its upcoming Ethereum Virtual Machine (EVM) sidechain. According to the June 26 statement, the integration will introduce advanced functionality to the XRPL and allow assets and data to flow freely between it and over 35 other

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US judge denies SEC and Ripple’s second bid to amend penalty

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US District Judge Analisa Torres has denied a joint request from the US Securities and Exchange Commission (SEC) and Ripple Labs to dissolve an earlier court order and lower Ripple’s financial penalty. The ruling, issued on June 26, firmly rejected the attempt to undo a prior judgment tied to Ripple’s violations of securities laws through

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Hong Kong’s LEAP toward digital asset dominance

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Hong Kong released a second policy statement to accelerate its digital asset (DA) development and reinforce its ambition to become a global leader in financial innovation. The latest statement, dated June 26 and dubbed “Policy Statement 2.0,” expands on the framework laid out in its initial release from October 2022. According to the Hong Kong

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World Liberty Financial advances WLFI plans amid public interest

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World Liberty Financial, the DeFi project part-owned by US President Donald Trump, has announced plans to enable transfers of its WLFI token. In a June 25 post on X, the team stated: “You asked to make WLFI transferable — we heard you. The team is working behind the scenes to make it happen.” The team

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Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base

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Coinbase launched wrapped tokens for Cardano (cbADA) and Litecoin (cbLTC) on its Base layer-2 network, the exchange said in a June 25 post. Each synthetic token is backed 1:1 by the underlying asset held in Coinbase custody, and proof-of-reserves pages list the on-chain addresses securing the collateral. The transparency pages already show 11,364 LTC and

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