6h ago
Japan expands XRP use as FSA approves RLUSD and SBI issues 10 billion yen in tokenized bonds
Japan’s Financial Services Agency (FSA) has approved Ripple’s stablecoin RLUSD and licensed SBI Ripple Asia to issue prepaid payment tokens directly on the XRP Ledger, targeting a market worth roughly $200,000,000,000. SBI has also issued 10 billion yen in tokenized bonds that reward investors with XRP, and six SBI subsidiaries now distribute XRP directly to shareholders. Banks including Tottori Bank are using Ripple-powered rails for remittances, while Rakuten is integrating XRP into its loyalty ecosystem for 44 million users. XRP is Japan’s third most adopted cryptoasset and is supported by 20 licensed exchanges.
XRP
XRP-0.49%
6h ago
7h ago
Japan reclassifies XRP as a regulated financial product in a $4,000,000,000,000+ economy
Japan has formally reclassified XRP as a regulated financial product under the frameworks of the Payment Services Act and the Financial Instruments and Exchange Act. The move would allow licensed exchanges to legally offer spot trading, custody, derivatives and security token issuance involving XRP. As the world’s third-largest economy with GDP of more than $4 trillion, Japan’s regulatory stance could have a demonstration effect and may encourage other FSA-coordinated jurisdictions to follow. The decision is described as a legally binding classification change, with no specific implementation timetable or supporting details provided.
XRP
XRP-0.49%
7h ago
7h ago
STBL Dapp rolls out unified interface for Ethereum and Stellar, enabling USST minting with USDY and OUSG collateral
STBL Dapp has launched a unified interface that consolidates access to the Ethereum and Stellar networks. The portal lets users mint USST using real-world asset collateral, including USDY and OUSG. The update is designed to maintain end-to-end on-chain transparency across both ecosystems. It also positions STBL’s platform as infrastructure for cross-network RWA integration aimed at institutional users.
STBL
STBL-1.47%
7h ago
8h ago
CZ argues for a Binance shop so users can buy real-world gifts directly with BNB
Binance CEO Changpeng Zhao (CZ) used a personal example on social media to argue for building a “Binance shop,” where users could buy physical goods directly with BNB. He said sending BNB to someone to make a purchase can be perceived differently from gifting the item itself, creating confusion around whether the gift has been delivered. Zhao did not provide a launch timeline or technical details in the post.
BNB
BNB+0.23%
8h ago
8h ago
Bitcoin Fights Back with 10% Surge in July to $63K, Overcoming June ETF Outflows and Strategy Sell-Off
Bitcoin (BTC) staged an impressive 10% recovery in early July 2026, climbing back above $63,000 as macro policy shifts under new Fed Chair Kevin Warsh reignited institutional interest. Despite enduring a record $4.5 billion U.S. spot ETF withdrawal in June and a surprising $216 million corporate liquidation by Strategy Inc., fresh political backing from Donald Trump has established a strong technical floor.
BTC
BTC+1.68%
8h ago
10h ago
Tanker hit by projectile in Strait of Hormuz as Iran holds funeral prayers for Khamenei
Iran is holding funeral prayers in Qom for slain Supreme Leader Ayatollah Ali Khamenei and members of his family, as an oil tanker was set on fire after being struck by an unknown projectile in the Strait of Hormuz. The UK’s maritime agency said the tanker was hit off Oman’s coast and that no casualties have been reported. The report also listed city-wise Indian gold rates, including 24-carat gold at Rs 14,526 per 10g in Mumbai, and said geopolitical tensions have lifted safe-haven demand for the metal.
10h ago
10h ago
Asian stocks pull back as South Korea’s Kospi slides 7.6% despite AI-led Wall Street rebound
Samsung Electronics reported operating profit jumping 19-fold to 89.4 trillion won, with revenue more than doubling, yet its shares fell 8.7% as South Korea’s Kospi dropped 7.6%. Analysts said the market is undergoing its first real stress test of the AI trade, with strong results intensifying doubts over AI-chip valuations and whether capex can deliver adequate returns. In Japan, Kioxia slid 10.7% and the Nikkei 225 fell 1.8%, underscoring broad selling pressure across AI hardware.
10h ago