Russia's Parliament approved the Digital Currency and Digital Rights Law, establishing a legal framework for licensed crypto businesses effective September 2026. The law allows the Bank of Russia to license exchanges, brokers, asset managers, custodians, and crypto exchangers, while banning cryptocurrencies for domestic payments but permitting cross-border trade use. XRP benefits from this development as it is already traded within Moscow Exchange's regulated Digital Financial Assets ecosystem, giving it an early institutional advantage ahead of the full market launch. This move signals Russia's shift toward blockchain-based finance amid sanctions and economic pressures.
Ripple Prime, Ripple Labs' institutional division, now processes $3 trillion annually, serving over 300 institutional clients like hedge funds and banks. This milestone highlights growing institutional use of Ripple's services, mainly through its RLU...
Cryptocurrency markets experienced varied price changes, with Bitcoin rising 1.81% to $66,529 and Ethereum increasing 1.41% to $1,924.58. Other notable gains include ADA up 4.95% and AAVE up 7.02%, while some coins like DEXE dropped sharply by 71.78%...
The U.S. Senate is targeting July 23 for a vote on the CLARITY Act, a bill that would clarify regulatory oversight of digital assets by defining which fall under the SEC or CFTC. This legislation could reclassify XRP as a commodity, resolving its lon...
XRP has broken above a 66-day descending trendline, signaling a potential end to its prolonged downtrend and a return of bullish momentum. Analysts highlight that holding above the $1.13 resistance, now acting as support, is key for XRP to target the...
XRP's adoption continues to build with strong institutional interest and high transaction volumes, yet its price remains stuck between $1.09 and $1.13. Technical indicators show potential for a breakout above $1.13 targeting mid-$1.30s, supported by ...
