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Putin calls Elon Musk a \'true genius\', says he is in close contact over Russia\'s Rasvet satellite internet project

Russian President Vladimir Putin praised Elon Musk as a “true genius” and said he is in close contact with him over Russia’s satellite internet project Rasvet. Speaking at a Russia-Africa summit, Putin cited SpaceX’s satellite communications business and contrasted Musk’s more than 5,000 satellites in orbit with Russia’s early-stage efforts. The remarks draw attention amid controversy over Starlink’s role in Ukraine and reports of temporary disruptions affecting drone communications.

Crypto

Putin urges Africa to join crypto-based cross-border payments

Russian President Vladimir Putin proposed that African countries join cross-border payment systems based on digital currencies, including cryptocurrencies. He said such systems could reduce dependence on Western financial networks and strengthen financial sovereignty. Speaking in Moscow to African delegations visiting for a Russia-Africa summit and forum, Putin said no one could block their transactions and that stopping them was impossible from the standpoint of modern technology.

Crypto

Ripple\'s RLUSD lists on Coinbase, opens access at top U.S. crypto exchange

Ripple’s dollar-pegged stablecoin RLUSD has been listed on Coinbase, the largest U.S. cryptocurrency exchange. Retail and institutional clients can trade and manage RLUSD across Coinbase Prime, the Coinbase exchange and the Coinbase retail app, with 1-for-1 conversions from U.S. dollars and supported dollar-denominated stablecoins. Coinbase also supports RLUSD deposits and withdrawals on XRP Ledger, Base and Ethereum. Ripple said RLUSD’s market value has risen to about $2.58 billion.