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Latest from Nikhilesh De
XRP Token Rises After Report That Ripple's Close to Wrapping Up SEC Case
XRP rose 3% in the last hour.

Binance Gets $2B Investment From Abu Dhabi's MGX
It's the first institutional investment in the crypto exchange and the investment was made in an unnamed stablecoin, Binance said.

U.S. House Votes to Overturn IRS DeFi Broker Rule
The IRS broker rule would have been impossible to comply with for DeFi entities, one of the resolution's proponents said.

Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.

Paraguay Is Only Waiting for Crypto Law: El Salvador’s Top Crypto Regulator
“From my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and taxation regimes," said CNAD President Juan Carlos Reyes.

As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY and a Wall Street super-lawyer further show a tradfi arrival.

Cboe Files Several Amended Documents to Allow Ether Staking in ETFs
The exchange filed amended 19b-4 documents with the Securities and Exchange Commission asking to allow staking of the ETFs.

U.S. SEC's Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms
The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.

Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies
The new law will go into effect on April 1, 2025.

Volatility Shares Files for 3 XRP ETFs
The filings add to a growing list of firms seeking to launch XRP-focused ETFs in the U.S.
