AI Series
Episode Date: March 27, 2025🎙️ This episode is entirely AI-generated using Notebook LM by Google.
🚨 GameStop Adopts Bitcoin as a Treasury Reserve Asset
- GameStop has updated its investment policy to include Bitcoin and select cryptocurrencies as permissible assets.
- No set limit on BTC accumulation, with an option to sell at any time.
- SEC filing confirms this decision. Read the official filing).
🔵 Fidelity Investments Developing a Stablecoin
- Fidelity is launching a stablecoin as part of its tokenized government bonds strategy.
- Moves into a competitive stablecoin market dominated by USDT & USDC.
- Aimed at institutional clients as a digital cash alternative.
💯 SEC Drops Investigation into Immutable – A Win for Web3 Gaming
- SEC has closed its probe into Immutable, IMX Ecosystem Foundation, and CEO with no enforcement action.
- Immutable focused on growth, launching Immutable Play and surpassing 1M Passport sign-ups.
- Official info).
💯 Ripple vs. SEC Legal Battle Resolved
- Ripple settles with the SEC for $50M (reduced from $125M).
- Amount already held in escrow; settlement pending approval.
- Key Timeline:
- Dec 21, 2020 – SEC sues Ripple Labs.
- July 13, 2023 – XRP ruled not a security on exchanges, but institutional sales violate securities laws.
- March 2025 – SEC drops appeal, finalizing the case.
🟠 UAE Updates⚡ Emirates NBD & BlackRock announce a platform for private markets access.⚡ DWF Labs launches a $250M liquid fund to accelerate Web3 growth.
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