A recent social media post from Senator Bill Hagerty has provided a deeper insight into The GENIUS Act, which many also refer to as the stablecoin bill. This proposed legislation, according to the Senator, aims to modernize and strengthen the United States’ financial infrastructure. Stablecoin Bill Will Boost Payment Efficiency and US Dollar Dominance At its core, the GENIUS Act seeks to propel America’s payment system into the 21st century. It means that the country wants to modernize its approach to payments by including new technology or making existing methods more efficient. By passing the stablecoin bill, people and businesses can have safer, quicker and smoother financial activities. This updated system would tackle restrictions such as slow payments, costlier transactions and problems from cyber criminals using outdated technology. The listing of the RLUSD stablecoin on its fourth crypto exchange is an example of the rapid adoption of these cryptocurrencies. A… Read More at Coingape.com
Husky Inu has partnered with Wert.io to make it easier for people to join their presale. Thanks to this partnership, people can now buy $HINU tokens using their credit or debit cards.
This update is great news for anyone who wants to get involved but doesn’t want to deal with complicated crypto steps. Now, buying into the presale is simple and fast.
New Payment Option Now Available
Anyone can now join the presale by visiting TheHuskyInu.com and using the card payment option. It offers:
A fast and easy process
No crypto knowledge needed
Secure payments using your regular bank card
This change helps more people from around the world join in.
Enter the amount you want to spend and confirm your purchase
It’s quick, safe, and beginner-friendly.
Welcoming the World
With card payments now available, Husky Inu hopes to:
Get more people to join the presale
Reach new communities across different countries
Grow its project faster and further
This makes it easier for anyone, anywhere, to become part of the journey.
Building for the Future
Making it easier to buy $HINU will likely bring in many new supporters. It’s a big step toward growing the Husky Inu community and building strong momentum.
Buy $HINU with your card and be part of the future.
The post Husky Inu Now Accepts Card Payments for Presale appeared first on Coinpedia Fintech News
Husky Inu has partnered with Wert.io to make it easier for people to join their presale. Thanks to this partnership, people can now buy $HINU tokens using their credit or debit cards. This update is great news for anyone who wants to get involved but doesn’t want to deal with complicated crypto steps. Now, buying …
Ripple has received full approval from the Dubai Financial Services Authority (DFSA)to offer regulated crypto payments in the Dubai International Financial Centre (DIFC).
It makes Ripple the first blockchain-enabled payments provider licensed by the DFSA, significantly expanding its operations in the Middle East.
Ripple Receives Full Approval from the DFSA
This development follows Ripple’s in-principle financial services approval from the DFSA in October. With its regional headquarters in Dubai since 2020, Ripple continues strengthening its presence in a region known for its regulatory clarity and fintech-friendly environment.
The DFSA license enables Ripple to offer its global payment solutions to businesses in the UAE. This would reinforce its role as a trusted partner for financial institutions looking to leverage blockchain technology for faster and more cost-effective transactions.
“We are entering an unprecedented period of growth for the crypto industry, driven by greater regulatory clarity around the world and increasing institutional adoption. Thanks to its early leadership in creating a supportive environment for tech and crypto innovation, the UAE is exceptionally well-placed to benefit,” a press release shared with BeInCrypto read, citing Ripple CEO Brad Garlinghouse.
Indeed, Dubai has established itself as a global hub for blockchain and fintech innovation. It boasts a $400 billion international trade market. The UAE has seen growing demand from both crypto-native firms and traditional financial (TradFi) institutions looking for solutions to inefficiencies in cross-border payments. These include high fees, slow settlement times, and lack of transparency.
“Securing this DFSA license…will enable us to better serve the growing demand for faster, cheaper, and more transparent cross-border transactions in one of the world’s largest cross-border payments hubs,” Ripple’s Managing Director for the Middle East and Africa, Reece Merrick, emphasized.
In the same tone, DIFC Authority CEO, His Excellency Arif Amiri, said this milestone presents Ripple with new growth opportunities across the region and beyond. Ripple’s regulatory approval in Dubai adds to its growing list of over 60 regulatory licenses worldwide.
Despite its success in Dubai, Ripple remains embroiled in a legal battle with the US SEC (Securities and Exchange Commission). However, recent reports indicate that the case may soon be resolved. Reportedly, Ripple’s legal team is negotiating more favorable terms regarding an August 2023 district court ruling.
The ruling imposed a $125 million fine and restricted Ripple from selling XRP to institutional investors. Ripple’s team argues that the firm should not be penalized for past regulatory uncertainty. This contention is based on theSEC’s reconsideration of its enforcement stance against other crypto firms.
“…Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred. There’s no real playbook for this kind of thing, which could explain why this case is taking longer to resolve than the rest,” crypto journalist Eleanor Terret reported, citing two well-placed sources.
