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Brazilian Lawmaker Proposes Bill to Allow Investment Funds to Buy Crypto

Coins Legend February 7, 2025 0

Brazilian lawmaker Adriana Ventura has introduced a draft bill that would allow investment funds in Brazil to invest in crypto, including bitcoin. Draft Bill Could Let Brazilian Funds Invest in Crypto Brazilian investment funds may soon gain regulatory approval to buy cryptocurrencies, thanks

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Cboe Files 19b-4 Proposals for Spot XRP ETFs, Initiating SEC Review

Coins Legend February 7, 2025 0

On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs). Cboe Files 19b-4 Proposals for XRP

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Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows

Coins Legend February 7, 2025 0

Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide are increasingly shifting away from the U.S. dollar in trade, opting instead

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Ripple: Digital Assets Are Fueling $100B Custody Boom—Institutions Are Scrambling

Coins Legend February 7, 2025 0

The global custody market is booming, projected to exceed $100 billion by 2033, with crypto driving demand for secure, compliant, and scalable custody solutions, Ripple says. Crypto Custody Is Booming: Ripple Unveils the Blueprint for Custodian Success Ripple published insights on Feb. 5, 2025, detailing how custodians can address the growing demand for institutional

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Coinbase Pressures Regulators to Let Banks Hold Crypto—Game-Changer Ahead?

Coins Legend February 7, 2025 0

Coinbase is demanding federal regulators tear down banking barriers to crypto, arguing that clear, enforceable rules will unlock financial innovation, stability, and mass adoption. Coinbase Battles Banking Barriers—Will the Feds Finally Open the Floodgates? Crypto exchange Coinbase (Nasdaq: COIN) is pressing federal banking regulators to create standardized regulations for

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Ripple USD Expands to More Platforms—See the Full List of RLUSD Exchanges

Coins Legend February 7, 2025 0

Ripple USD (RLUSD) is expanding to more platforms, including Zero Hash and Revolut, strengthening its presence in trading, payments, and financial applications across multiple blockchains. RLUSD Lands on More Platforms Ripple is strengthening the presence of its stablecoin, Ripple USD (RLUSD), through new partnerships, adding Zero Hash and Revolut to its growing list of

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Bipartisan Resolution Calls for Clear US Rules on Crypto and Blockchain

Coins Legend February 7, 2025 0

Lawmakers are pushing for a clear regulatory framework on blockchain and digital assets, warning that without action, the U.S. risks losing innovation to global competitors. US Lawmakers Introduce Bipartisan Resolution Supporting Blockchain and Digital Assets A bipartisan group of lawmakers has introduced a resolution in the U.S. House of Representatives to support

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FDIC Releases 175 Crypto Banking Docs, Signaling Regulatory Overhaul

Coins Legend February 7, 2025 0

The FDIC’s release of 175 documents marks a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies. Regulators vs. Crypto: FDIC Signals New Approach With Massive Document Dump The Federal Deposit Insurance Corporation (FDIC) released 175 documents on Feb. 5, detailing its oversight of banks

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Elon Musk and the Rise of DOGE: Is AI and Blockchain Set to Rewrite Federal Spending?

Coins Legend February 6, 2025 0

Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial intelligence (AI) and blockchain technology will likely be employed to better optimize government spending on a permanent distributed ledger system. A Look

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Winklevoss Twins Eye Gemini IPO

Coins Legend February 6, 2025 0

Cryptocurrency exchange Gemini, founded by billionaire twin brothers Tyler and Cameron Winklevoss, may file for an initial public offering (IPO) this year according to reporting by Bloomberg. The firm is one of the largest global exchanges by 24-hour trading volume – about $170 million, according to the Coin Market Cap website where it’s currently ranked […]