Ripple Remedies Fight Gets Another SEC Filing as Final Penalty Debate Drags On is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. The Ripple case has
The post Ripple Cuts RLUSD Ethereum Supply to $692 Million appeared on BitcoinEthereumNews.com.
According to recent data from Ripple Stablecoin Tracker, Ripple USD (RLUSD) supply on the Ethereum network has shrunk to about $692 million as Ripple continues to adjust the stablecoin’s circulating supply through token burns. At the start of July, RLUSD supply on Ethereum was above $727 million; now this figure has decreased, with millions in Ripple USD burned on the Ethereum network in the last seven days. $115.4 million was burned on the Ethereum blockchain in the last seven days as seen on the Ripple Stablecoin Tracker website, while $49.3 million was minted in the same timeframe. On July 29 alone, $25.9 million was burned on the Ethereum blockchain while $6.2 million in RLUSD was minted. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy The last 30 days saw significa
The post Ex-SWIFT Executive Rejects XRP Integration Claims: “Not Happening” appeared on BitcoinEthereumNews.com.
Former SWIFT executive Tom Zschach rejects claims that the network plans to integrate XRP. Viral XRP rumors lacked official evidence, with no SWIFT statement confirming support. Zschach’s latest remarks reinforce his long-standing skepticism toward Ripple and XRP. Former SWIFT Chief Innovation Officer Tom Zschach has dismissed claims that the global financial messaging network plans to support or integrate XRP. The rumors spread after an XRP community post suggested that SWIFT would support public digital assets like XRP instead of creating its own cryptocurrency. Zschach responded with a short but direct statement: “Not happening.” His reply pushed back against claims that SWIFT planned to work with XRP-based payment infrastructure rather than compete with it. Viral XRP Claims Had No Supporting Evidence XRP community figure SMQKE shared excerpts from an alleged document cla
The judge's concerns highlight potential inconsistencies in SEC enforcement, raising questions about fairness and priorities in financial regulation.
The post Judge raises concerns over Elon Musk SEC settlement approval appeared first on Crypto Briefing.
The post Analyst Says XRP’s Billion-Dollar Unlock Is Old News, Ripple’s Bank Ambitions Aren’t appeared on BitcoinEthereumNews.com.
The post Analyst Says XRP’s Billion-Dollar Unlock Is Old News, Ripple’s Bank Ambitions Aren’t appeared first on Coinpedia Fintech News Ripple released roughly $1 billion worth of XRP from its escrow this week, an amount large enough to catch the attention of traders watching the token’s price action closely. Asked how to interpret the timing, given XRP’s recent price weakness, one analyst pushed back on the idea that the unlock signals anything unusual. “This is … Source: https://coinpedia.org/news/analyst-says-xrps-billion-dollar-unlock-is-old-news-ripples-bank-ambitions-arent/
The post Coinbase Chief Legal Officer Paul Grewal Exits After Six Years, Updates on CLARITY appeared on BitcoinEthereumNews.com.
Paul Grewal exits Coinbase as CLO after six years, effective at the end of July. Grewal led Coinbase through its IPO, the SEC lawsuit victory and its Texas move. Molly Abraham becomes Coinbase General Counsel after five years of key legal work. Paul Grewal, the lawyer who led Coinbase through its IPO, its war with the SEC, and its relocation from Delaware to Texas, is leaving the company after six years as Chief Legal Officer. Grewal announced his departure on X on Thursday, describing it as the conclusion of a chapter rather than the result of any conflict or boardroom dispute. He will transition to an advisory role at the end of July and has signed a three-month advisory agreement that keeps him connected to the company through October. He will also continue to serve on the board of Coinbase National Trust Company. “After helping to take the company public,
The post CRCL Stock Price Gains 7% as Circle Secures OCC Charter for National Trust Bank appeared on BitcoinEthereumNews.com.
Key highlights: The OCC has approved Circle’s application to launch a national trust bank The bank can offer crypto custody services under federal oversight Ripple, BitGo, and Paxos are still waiting for final approval Ark Invest buys 217,896 CRCL stocks Circle has reportedly secured approval from the US Office of the Comptroller of the Currency (OCC) to establish the Circle National Trust. The development marks a major milestone in the company’s expansion of its USDC stablecoin business, and has resulted in CRCL stock gaining roughly 7%. With this approval, Circle has become one of the first crypto companies to get a regulatory nod from the OCC to launch a chartered bank. Other major players, including Ripple, are still waiting for the final approval to become a federally regulated trust bank. Circle gets OCC nod to launch National Trust Bank Circle, the iss
The post SEC could start writing crypto rules before the Senate votes on CLARITY appeared on BitcoinEthereumNews.com.
Three SEC crypto proposals are now penciled in for July, covering token offerings, broker-dealer custody and trading venues. The agency could start writing the rules before the Senate even decides whether to take up the CLARITY Act. Earlier this week, SEC Chair Paul Atkins said the agency’s 2026 regulatory agenda aims to bring more crypto products onshore, create clearer rules for capital raising with crypto assets, and clarify how market participants can custody and facilitate the trading of tokenized securities on-chain. According to him: “[These efforts are to] ensure that the next chapter of financial leadership is written in the US, and that our capital markets continue to lead the world – in their depth, their dynamism, and their unrivaled ability to transform ingenuity into prosperity.” That posture has translated into three July NPRM targets covering crypto-asse
