Blockchain DXB: 🔴 16th Dec 🔴 🟠Trump's U.S. BTC Reserve Speculation 🔥USDT Delisted by Coinbase Europe 💡BiT Global Sues Coinbase for $1B 💯Texas Strategic Bitcoin Reserve🟣Ripple's RLUSD Stablecoin
Blockchain DXB
Shownotes Transcript
16th Dec: Blockchain DXB) Podcast
🟠Trump's U.S. BTC Reserve Speculation 🔥USDT Delisted by Coinbase) Europe 💡BiT Global Sues Coinbase) for $1B 💯Texas Strategic Bitcoin Reserve 🟣Ripple)'s RLUSD Stablecoin
🟠Trump's U.S. Bitcoin Reserve Speculation: A Forbes) article here https://shorturl.at/Oj9Nnhighlighted President Trump's vague comments on possibly creating a U.S. Bitcoin reserve. The article quoted CNBC).
💯 In an interview with Jim Cramer at the NYSE, Trump responded positively but without specifics, saying, "I think so. We’re gonna do something great with crypto because we don’t want China or anybody else ... but others are embracing it, and we want to be ahead."His interview is here https://tinyurl.com/574hdkpj)
🟢 Tether.io) USDT Delisted by Coinbase) Europe: Due to the new European Markets in Crypto-Assets (MiCA) regulation, Coinbase Europe and Coinbase Germany are delisting several stablecoins like PAX, PYUSD, GUSD, GYEN, and DAI. Only USDC and EURC, which are MiCA-compliant, will remain supported.
💡Bithumb Global (지금: bitglobal)) Sues Coinbase for $1B: BiT Global Digital has filed a lawsuit against Coinbase, alleging anticompetitive behavior after Coinbase delisted Wrapped Bitcoin (wBTC) to promote its own Coinbase BTC (cbBTC). The lawsuit suggests that Coinbase's actions violated antitrust laws, with Chief Legal Officer Paul Grewal defending the delisting as a standard compliance measure. Info via Cointelegraph here https://tinyurl.com/2x4fn2e4 )
🚨Texas Strategic Bitcoin Reserve: State Rep. Giovanni Capriglione) has introduced the Texas Bill HB 1598, aiming to establish a state-managed Bitcoin reserve. This initiative would see Bitcoin managed by the Texas Comptroller, using cold storage for security, with options for donation and biennial reporting. Info via X here https://tinyurl.com/t6mndj8w )
More details here https://tinyurl.com/5n6tw42b) Check out our episode where we dive deep into:
Legislative Findings and Purpose
Administration and Management
Security Measures
Donations and Community Involvement
Biennial Reporting
Cryptocurrency Payments and Conversion
Expiration and Rulemaking Authority
🟣 Ripple)'s RLUSD Stablecoin: Ripple Labs has secured approval from the New York State Department of Financial Services for its RLUSD stablecoin. During mainnet testing, over 13 million tokens were minted across XRP Ledger and Ethereum, showing both networks' efficiency. CEO Brad Garlinghouse has confirmed that launch updates will come directly from Ripple. Info via Twitter)/X here https://tinyurl.com/edkusmh2)
🟠 UAE News Highlights:
⚡ Zand) Revolutionizes banking in the UAE with institutional-grade digital asset custody.
⚡ Aspen Digital): Received Financial Services Permission in ADGM to provide services in digital assets.
Explore these developments and more in our latest episode! Don't forget to tune in for detailed insights.
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