Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cardano (CRYPTO: ADA) founder Charles Hoskinson mocked Ripple Labs (CRYPTO: XRP) CEO Brad Garlinghouse on Sunday for not challenging the current draft of the cryptocurrency market structure bill. Hoskinson Furious With Garlinghouse In a live stream from his official X account, Hoskinson slammed Garlinghouse for not firmly opposing the latest version, which many in the industry see as favoring banks and fi ...

The US Securities and Exchange Commission’s Crypto Task Force is facing renewed pressure from industry groups and individual contributors as questions around self-custody rights and the scope of dealer regulation in decentralized finance move back into focus. On Tuesday, the Task Force’s public “Written Input” page added two new submissions that reflect a broader tension shaping US crypto policy: how to protect investors without collapsing core features of on-chain markets, particularly self-custody and n ...

Monica Long, president of Ripple (CRYPTO: XRP) , predicts half of Fortune 500 companies will adopt formal crypto strategies by the end of 2026 as stablecoins become the default for global payments.Stablecoins Become The Default Payment RailLong says stablecoins will replace traditional payment systems within five years, not as an alternative but as the foundation.The shift is already happening. Visa Inc (NYSE:V) and Stripe are building stablecoin infrastructure into their core systems. The GENIUS Act legali ...

Ripple’s US dollar-backed stablecoin RLUSD is set to debut spot trading on Binance, expanding the token’s reach on one of the world’s largest digital asset exchanges. Key Takeaways: RLUSD will debut spot trading on Binance with Ethereum support, with XRPL integration to follow. Binance plans to expand RLUSD’s use through margin trading and future Binance Earn products. Ripple is positioning RLUSD as a regulated, payments-focused stablecoin for institutions. The launch will begin with support on E ...

White House crypto and AI advisor David Sacks said U.S. banks will eventually adopt cryptocurrencies, especially stablecoins, once new legislation reshapes how the sector is regulated. Sacks said the divide between banks and crypto firms will vanish after Congress passes market structure rules currently in development. “We’re not going to have a separate banking industry and crypto industry. It’s going to be one digital assets industry,” he said in a CNBC interview. Sacks’ comments reflect the Trump ad ...

Everyone says tokenization is being held back by regulation, custody infrastructure, or institutional conservatism. But I don't think that's true. The technology works. Assets settle perfectly onchain. Yields are competitive, ranging from safe US Treasury bets at 3% up to 10% for riskier instruments. Compliance frameworks exist. Custody solutions from reputable providers are live. But even with all that working smoothly, institutional adoption is only moving forward at a fraction of what its speed could ...

Global markets shifted abruptly into a defensive posture this week, with US equities dropping over 2% amid a dual shock of fiscal instability in Japan and renewed trade war tensions between the US and Europe, according to a market commentary published by QCP on Wednesday. Bitcoin falls under pressure Bitcoin has fallen below $90,000, failing to hold its recent reclamation of the $97,000 level as the cryptocurrency struggles to find footing. The asset is currently trading as a high-beta risk asset rather ...

Grayscale has filed with the SEC to convert its NEAR Trust into a spot exchange-traded fund (ETF) amidst a broader decline in the cryptocurrency market. Despite this downturn, the price of NEAR rose by over +3%, from $1.44 to $1.80, accompanied by increased trading volume and futures interest, though the price has since cooled down and is back trading at $1.50. The proposed ETF is designed to offer staking options and will utilize major custodians to track NEAR spot prices on regulated exchanges, offerin ...

In this articleBUSD.CM=BTC.CM=XRP.CM=A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are seen on September 13 2018 in Hong Kong, Hong Kong.Yu Chun Christopher Wong | S3studio | Getty ImagesCryptocurrency markets will reach all-time highs this year, the CEO of one of the largest companies in the sector has told CNBC."I'm very bullish, and yes, I'll go on record as saying, I think we'll see an all-time high," Ripple CEO Brad Garlinghouse told ...

Coinbase CEO Brian Armstrong pushed back against the Governor of the Bank of France during a World Economic Forum panel on January 21 after the central banker expressed skepticism about Bitcoin by referring to its “private issuers.” François Villeroy de Galhau stated he trusts independent central banks with democratic mandates more than what he called private issuers of Bitcoin, according to a video posted on X by Cointelegraph’s Gareth Jenkinson. Armstrong responded that Bitcoin is a decentralized prot ...