Blockchain DXB: 🔴 20th Feb 🔴 🏦 Federal Reserve Boards Meeting ❗Coinbase CFTC regulated SOL futures ❗Brazil XRP ETF 🪙Robinhood's Singapore Crypto Plans
Blockchain DXB
Shownotes Transcript
20th Feb: Blockchain DXB) Podcast🏦 Federal Reserve Board)s Meeting ❗Coinbase) CFTC regulated SOL futures ❗Brazil XRP ETF 🪙Robinhood)'s Singapore Crypto Plans🏦The Minutes from the Fed’s January 28-29 policy meeting, released on Wednesday, confirmed that Jerome Powell and the committee decided to keep policy settings unchanged. As anticipated, the Fed opted to maintain the current interest rate, reflecting their ongoing cautious approach to economic conditions. You can view the full report on the Federal Reserve Board) Reserve’s website here https://shorturl.at/mTCQR)⚡Key points from today's meeting include:- Inflation Watch- Economic Health-Future Policy Direction- Market Expectations- Geopolitical and Policy UncertaintyThe FOMC meeting is scheduled to take place on the 19th of March. Check out the Blockchain DXB) episode for today we share our commentary on this and more🚨Coinbase) is expanding its crypto derivatives offerings with key initiatives. It launched CFTC-regulated Solana and Hedera futures through Coinbase Derivatives, LLC, providing traders with new, accessible contract options. Coinbase Financial Markets, Inc. now offers institutional clients regulated futures trading, enhancing risk management for crypto exposure. Additionally, Coinbase International Exchange, LLC introduced EURC perpetual futures, allowing 24/7 Euro price exposure with up to 20x leverage. These developments aim to bridge traditional finance and crypto while expanding access to innovative, regulated trading solutions. Official via their blog here https://shorturl.at/4lP49)👀World’s first spot XRP WTF- Brazil’s securities regulator, CVM, has approved the world’s first spot XRP ETF, the Hashdex) Nasdaq) XRP FUNDO DE ÍNDICE. Managed by Genial Investimentos), the fund is currently in a pre-operational phase after its setup on Dec. 10, 2024, with no official launch date yet. Hashdex confirmed the approval and will provide more details soon. In the U.S., the SEC is reviewing spot XRP ETF applications from major firms like Grayscale Investments) and CoinShares). Analysts believe such funds could attract significant capital by offering regulated crypto exposure without exchanges or private keys. via CoinDesk) https://shorturl.at/t5bOR)🔴Robinhood) plans to expand into Singapore’s crypto market by late 2025, leveraging Bitstamp)’s licenses from a $200M acquisition in 2024. The move aligns with its regional headquarters plan and aims to tap Singapore’s growing digital assets hub. Robinhood also seeks brokerage licenses in Asia to diversify into equity trading. The company recently reported a 700% increase in Q4 2024 crypto revenue, contributing to over $1B in total quarterly revenue and a 2.32% stock rise to $65.23.via Bloomberg here https://shorturl.at/GL70B)🟠Two UAE news⚡MANTRA) Finance secures Dubai crypto license to expand DeFi, RWA services⚡Web3 Alliance of Saudi Arabia launches to accelerate blockchain innovation in the Kingdom Outlier Ventures)
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