Blockchain DXB: 🔴 27th March 🔴 💯SEC vs Ripple RESOLVED 🔵Fidelity Investments - Stablecoin 🚨GameStop - BTC as 'Treasury Reserve Asset'💯SEC ends Immutable probe
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27th March: Blockchain DXB) Podcast 🎙️🚨GameStop) - BTC as 'Treasury Reserve Asset' 🔵Fidelity Investments) - Stablecoin 💯SEC ends Immutable probe 💯SEC vs Ripple resolved🚨GameStop) has updated its Investment Policy to include Bitcoin and select cryptocurrencies as permissible investment instruments. In an SEC filing, the company confirmed that Bitcoin can now be used as a Treasury Reserve Asset with no set limit on accumulation and the option to sell at any time. Following the announcement, the Official filing with the SEC https://shorturl.at/SwxTn)🔵Fidelity to Launch Stablecoin- Fidelity Investments) is developing a stablecoin as part of its tokenized government bonds strategy, per the Financial Times. The move follows its recent OnChain Treasury Fund filing. Entering a crowded market dominated by USDT and USDC, Fidelity’s stablecoin could serve as digital cash for institutional clients. Article here https://shorturl.at/0Ej5g)💯SEC concludes its investigation into Immutable: a win for digital ownership. The SEC has dropped its investigation into Immutable, the IMX Ecosystem Foundation), and its CEO, with no enforcement action taken. This follows last October’s Wells notice suggesting possible securities violations. Official info https://shorturl.at/L5Zzs)- This decision marks a win for digital ownership in gaming and reaffirms Immutable’s commitment to legal compliance. The company remained focused on growth, launching Immutable Play, signing a record number of games, and surpassing 1 million Passport sign-ups. Immutable welcomes clear regulations and will continue building for the Web3 gaming industry.💯 Ripple) vs. SEC - ResolvedOn March 25, 2025, Ripple announced a settlement with the SEC, agreeing to pay a reduced fine of $50 million, down from the initially imposed $125 million. This amount was already held in escrow and will be retained by the SEC. The settlement is pending approval from both the SEC and the presiding judge.A legal battle timeline via Cointelegraph) here https://shorturl.at/cqvAj)- Dec 21, 2020 – US SEC sues Ripple Labs for unregistered securities offering through XRP sales.- Dec. 28, 2020 – Coinbase delists XRP amid regulatory uncertainty.- March 22, 2021 – Judge Netburn rules that XRP has currency value and utility, unlike Bitcoin and Ether.- July 13, 2023 – Ripple wins partially; XRP sold on exchanges is not a security, but institutional sales violate securities laws.- June 12, 2023 – Unsealing of the Hinman documents reveals internal SEC debates about whether Ether is a security.- July 2023 – The SEC hints at appealing the case, potentially extending the legal battle.- October 2024 – Deadline for the SEC to file an appeal against the partial ruling in Ripple’s favour.- March 2025 – SEC drops appeal against the 2023 decision.

🟠Two UAE news (See slides)⚡Emirates NBD) and BlackRock) announce Platform for Private Markets Access⚡DWF Labs) Launches $250M Liquid Fund to Unlock Next Wave of Growth in Web3 

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