CryptoCryptocurrency

Binance has launched an 800,000 XRP (CRYPTO:XRP) airdrop campaign to encourage more users to adopt Ripple USD (RLUSD).

US Deputy Attorney General Todd Blanche defended the Justice Department's decision to shut down its National Cryptocurrency Enforcement Team during a Senate hearing.

Japan's Financial Services Agency has approved a draft amendment that would classify cryptocurrencies as financial products under the country's financial laws.

Circle has won a legal battle against Heka Funds over access to a USDC minting and redemption account after a US court ruled in the stablecoin issuer's favour.

SBI Holdings will issue Japan's first tokenised listed equity on the Solana (CRYPTO:SOL) blockchain, expanding the use of blockchain technology in the country's regulated financial markets.

Dogecoin (CRYPTO:DOGE) could gain from the rising value of SpaceX, according to investor Mark Yusko, who believes Elon Musk's support could strengthen the cryptocurrency's long-term outlook.

Ethereum (CRYPTO:ETH) traded close to US$2,000 after the launch of ETHSystems, a new company focused on building financial products around the Ethereum ecosystem.

Securitize and Cantor Fitzgerald have partnered to help companies launch tokenised initial public offerings and follow-on share sales using blockchain technology.

Aave (CRYPTO:AAVE) is expanding its Horizon real-world asset lending platform to Avalanche (CRYPTO:AVAX), marking its first move beyond Ethereum for institutional lending.

BlackRock won US Securities and Exchange Commission approval to increase the options position limit for its iShares Bitcoin Trust (IBIT) from 250,000 to 1 million contracts.

A net 24% of respondents to Bank of America's Global Fund Manager Survey expect US equities to outperform other global regions, representing the third-highest allocation weight to US stocks recorded over the past five years.

US President Donald Trump has reversed his decision to impose a 20% toll on ships transiting the Strait of Hormuz, opting instead to pursue investment commitments from Gulf States into the United States economy.