Rumble has entered into a strategic partnership with MoonPay to introduce the Rumble Wallet, a new crypto wallet set to launch in Q3. This collaboration aims to leverage MoonPay’s robust
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Australia’s Reserve Bank announced on Thursday the selection of 24 industry participants for the next phase of its wholesale central bank digital currency (CBDC) testing initiative. The six-month pilot will conduct 19 real-money transactions and five proof-of-concept simulations across multiple asset classes, including fixed income, private markets, trade receivables, and carbon credits. Settlement will occur through various digital assets, including stablecoins, bank deposit tokens, and pilot wholesale CBDCs deployed on platforms such as Hedera, Redbelly Network, R3 Corda, and Canvas Connect. The Australian Securities and Investments Commission has granted regulatory relief to facilitate the testing, and project findings are expected in the first quarter of 2026. Source: Bloomberg ASIC Enables Real-Money CBDC Testing Through Regulatory Relief The regulatory relief allows participants to conduct tokenized asset transactions using CBDCs between financial institutions without standard licensing requirements during the pilot period. ASIC Commissioner Kate O’Rourke noted that the relief instrument will enable wholesale market testing of technologies that could potentially boost efficiency and foster economic growth. Selected participants include major Australian banks such as Commonwealth Bank, ANZ, and Westpac, alongside specialized firms like Australian Bond Exchange, Fireblocks, and Zerocap. Brad Jones, Assistant Governor for Financial System at the RBA, emphasized the strategic importance of ensuring Australia’s monetary arrangements remain fit for purpose in the digital age. Jones described Project Acacia as “ an opportunity for further collaborative exploration on tokenized asset markets and the future of money by the public and private sectors in Australia, ” with use cases designed to help the RBA better understand innovations in both central bank and private digital money. Professor Talis Putnins from the Digital Finance Cooperative Research Centre also highlighted the potential economic impact. He referenced recent research suggesting potential economic gains in markets and cross-border payments could reach AU$19 billion annually. Australia Pursues Wholesale CBDC Strategy Amid Global Digital Currency Race Project Acacia builds on Australia’s September 2024 decision to prioritize wholesale CBDC development over retail applications due to greater economic benefits. The initiative aligns with global trends, as 134 countries representing 98% of the global economy are exploring CBDCs , according to research by the Atlantic Council. The CBDC race is heating up. 134 countries are now exploring digital currencies, covering nearly the entire global economy, according to @AtlanticCouncil . https://t.co/dDzG7B7Zqb — Cryptonews.com (@cryptonews) September 17, 2024 The competitive pressure is particularly evident in the Asia-Pacific region, where China’s digital yuan transactions reached $986 billion by June 2024 across 17 regions and 44 countries currently running CBDC pilot programs of varying scales and ambitions. Cross-border wholesale CBDC projects have more than doubled globally, with initiatives like Project mBridge connecting financial institutions across multiple jurisdictions. Australia’s comprehensive digital asset framework encompasses tokenization, real-world assets, and CBDC integration within broader efforts to modernize the financial system. However, challenges remain complex, as David Lavecky, head of Canvas, previously told Cryptonews that the Reserve Bank of Australia’s approach to issuing eAUD is “multifaceted,” with several legal, regulatory, and operational hurdles still to overcome. Exclusive: Reserve Bank of Australia’s Approach Towards Issuing eAUD is “Multifaceted,” Says Canvas Head David Lavecky. Read the full story #CryptoNews #Australia https://t.co/QJ5GYbasjx — Cryptonews.com (@cryptonews) October 9, 2023 Organizers have described Project Acacia’s real-money settlement testing on third-party platforms as another world-first for Australia in the digital finance industry. The post Australia’s Central Bank Progresses Project Acacia Testing for CBDC Asset Settlement appeared first on Cryptonews .
Sequans Communications, a publicly traded company, has made a significant move by acquiring 370 BTC as part of its strategic investment portfolio. This initial purchase marks the company’s entry into
The collab with Telegram’s TON blockchain appears to show that celebrity-led NFTs, at least on apps like it, aren’t entirely dead.
Bitcoin hit a record high, driving growth in altcoins. U.S. Continue Reading: U.S. Regulatory Moves Trigger Explosive Growth in Key Altcoins The post U.S. Regulatory Moves Trigger Explosive Growth in Key Altcoins appeared first on COINTURK NEWS .
More on Sequans Communications Sequans Communications S.A. (SQNS) Q1 2025 Earnings Call Transcript Sequans unveils $384M strategic investment to launch Bitcoin treasury initiative, stock jumps Sequans Communications beats top-line and bottom-line estimates; initiates Q2 outlook Seeking Alpha’s Quant Rating on Sequans Communications Historical earnings data for Sequans Communications
Recent claims of a corporate acquisition of 159,107 BTC, valued at nearly $17.7 billion, have sparked significant attention but remain unverified by official sources. The absence of confirmations from key
The Chinese parent company of Alipay is set to incorporate the stablecoin into its blockchain platform, as per unconfirmed reports.
Popular Crypto analyst, STEPH IS CRYPTO, has ignited major excitement across the XRP community with a critical update: the U.S. Securities and Exchange Commission (SEC) is holding a closed-door meeting today, July 10, at 2 p.m. ET, and it may include a vote to drop its appeal in the Ripple case. If that happens, STEPH IS CRYPTO believes XRP’s price could go parabolic. Ripple Drops Cross-Appeal, All Eyes on the SEC The legal battle dates back to December 2020, when the SEC sued Ripple Labs. The SEC claimed that Ripple’s sale of XRP was an unregistered securities offering. The case was assigned to Judge Analisa Torres of the Southern District of New York, who issued a pivotal ruling in July 2023 . She concluded that Ripple’s programmatic XRP sales to retail investors were not securities, while its institutional sales were. Following that decision, both parties moved to appeal different parts of the ruling. Events took a new turn in May 2025, when both parties filed a settlement agreement before the court. However, Judge Torres rejected a proposed joint settlement . In response, Ripple took a major step to withdraw its cross-appeal. CEO Brad Garlinghouse confirmed the move on June 27 , stating that Ripple was stepping back and expected the SEC to follow suit. Now, attention turns to whether the SEC will follow suit and officially end the case. BREAKING: SEC MEETS TODAY 2PM ET. IF THEY DROP THE RIPPLE APPEAL, #XRP COULD GO PARABOLIC! pic.twitter.com/kmFqL1bIhO — STEPH IS CRYPTO (@Steph_iscrypto) July 10, 2025 A Crucial SEC Meeting Today’s SEC meeting is being held under the Government in the Sunshine Act, with “resolution of litigation claims” listed on the agenda. While that phrasing covers a range of cases, speculation is high that it refers to the Ripple lawsuit. Former SEC enforcement attorney Marc Fagel noted that while closed meetings are common, they’re often used to vote on sensitive matters such as litigation settlements. If the SEC votes to dismiss its appeal, Judge Torres’ 2023 ruling would become final, giving XRP regulatory clarity for the first time in years. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Why XRP Could Explode As STEPH IS CRYPTO highlighted, an SEC withdrawal could be a watershed moment for XRP. Regulatory ambiguity has been a major obstacle to the asset’s growth . Removing that cloud could open the floodgates for major developments: relisting on exchanges, institutional adoption, and possibly XRP-based ETF filings. Technically, XRP is trading just below a key breakout level. Traders have been watching closely for a catalyst, and this decision could be it. If the appeal is dropped, analysts believe XRP could swiftly surge past resistance and enter a parabolic phase. Today’s SEC meeting could bring a long-awaited end to one of crypto’s most high-profile legal battles. If the agency drops its appeal, it will cement Ripple’s partial legal victory and provide XRP with long-sought clarity. As STEPH IS CRYPTO predicts, that single move could unlock massive upside potential—and mark the beginning of a historic breakout for XRP. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Price Could Go Parabolic If SEC Makes This Decision Today appeared first on Times Tabloid .