Bitcoin Rallies, Coinbase Crypto Bill Opposition, Ripple Expansion & More
The crypto market shows positive movement, with Bitcoin reaching a new 2-month high. Coinbase has withdrawn its support for the Senate's crypto market structure bill, raising concerns about the draft and leading to a delay in the Senate vote. Ripple has expanded its European presence by securing a license in Luxembourg. Pakistan is collaborating with World Liberty Financial to explore stablecoin applications for remittances and cross-border payments. The Human Rights Foundation has allocated Bitcoin grants to projects focused on human rights and freedom technology. Figure introduced a public equity network for on-chain stock issuance. FTX is preparing for another round of creditor payments, and Sui has resumed operations after a network stall.
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