Ondo Finance plans to expand its tokenized U.S. Treasuries fund, the Ondo Short-Term U.S. Government Treasuries Fund, to Ripple’s layer-1 blockchain, XRP Ledger Founders Fund and Pantera Capital-backed Ondo Finance announced on Jan. 28 that it expects OUSG tol go live on XRP Ledger within the next six months. Ondo Finance (ONDO) is partnering with
Key Takeaways Arizona’s Senate Finance Committee approved a bill allowing public funds to invest in Bitcoin. The bill permits investment of up to 10% of public funds in virtual currencies like Bitcoin. Share this article Arizona lawmakers have advanced a bill allowing public funds to invest in Bitcoin and other digital assets, with the state
Ripple CEO Brad Garlinghouse has called for the US to adopt a diversified approach to its crypto reserves. “If a govt digital asset reserve is created – I believe it should be representative of the industry, not just one token (whether it be BTC, XRP or anything else),” said Garlinghouse in a post on X
Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael