LATEST: ๐บ๐ธ The US government moved $470M in BTC, WBTC and USDT to what are likely Coinbase Prime deposit addresses, including Bitcoin previously seized from the Bitfinex hacker and Alameda Research, per Arkham. #BTC
LATEST: ๐ Solana Company CEO Joseph Chee told CNBC that when China finds a way to reopen crypto trading, "I think crypto is going to go through another supercycle." #btc #BTC
Big update out of Russia: the country is opening up to a regulated crypto market. Crypto exchanges can now apply for entry into the Bank of Russiaโs official registry. Russia adopts XRP. #xrp #BTC
๐บ๐ธ U.S. BANKS AND CREDIT UNIONS ARE GETTING A DIRECT BRIDGE TO #BITCOIN ๐
Connecticut-based DaLand's Coin2Core connects existing banking-core systems directly to Bitcoin infrastructure, and it's already live at a Minnesota credit union. ๐
Meanwhile:
๐ฟ๐ฆ Absa launched Bitcoin custody ๐ฉ๐ช Deutsche Bank is preparing Bitcoin custody ๐ท๐บ Sberbank entered Russia's digital-depository framework
In other words ๐ Banks across multiple regions are building Bitcoin directly into traditional financial rails.
NEW: ๐ท๐บ Russia has officially registered its first crypto exchanges and custodians under its new regulatory framework.
Sberbank, Russiaโs LARGEST bank, was approved for crypto custody and plans to offer Bitcoin, Ethereum and USDT products starting December 1. VTB Bank was also approved for both exchange and custody services.
$5 trillion KOSPI + KOSDAQ market, with the first phase going live in February 2027
South Korea just laid out a plan to put its whole capital market on-chain ๐ฐ๐ท Regulators unveiled a 3-stage roadmap tokenizing stocks, bonds, and funds across the ~$5 trillion KOSPI + KOSDAQ market, with the first phase going live in February 2027 and stablecoin-based settlement as the end goal.
๐ The world is embracing crypto, and XRP is right in the middle of the global shift. ๐ Global adoption is getting harder to ignore. #XRP #Ripple #XRPL
LATEST: ๐บ๐ธ FinCEN says overseas "pig butchering" scam networks have driven nearly $12.7B in suspicious crypto activity across the US since September 2023.
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