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Crypto
BlackRock urges changes to GENIUS Act implementing rules amid differences with OCC
BlackRock has urged the U.S. Office of the Comptroller of the Currency to withdraw a provision that would cap tokenised assets at 20 percent of stablecoin reserve assets, saying the limit is unnecessary. It said reserve-asset risk should be judged by liquidity, maturity and credit quality, not whether assets are tokenised. BlackRock also asked for clarity on what qualifies as eligible reserves, including whether Treasury ETFs qualify, and proposed adjustments to diversification options in the draft rules.
Crypto
Ripple\'s XRP officially launches on Solana
Ripple\'s XRP has launched on Solana as an official cross-chain asset, appearing on the network in wrapped form, Cryptopolitan reported. Solana announced the official inclusion of XRP on X. The new XRP was released in cooperation with Ripple and Hex Trust and is similar in structure to WBNB and wrapped ether. It can trade across Solana venues including Phantom wallet, Jupiter DEX and Meteora.
Crypto
SoFi launches Big Business Banking to manage fiat and crypto on single regulated platform
Fintech company SoFi has launched Big Business Banking, a corporate banking platform that handles fiat-currency and crypto operations within a single regulatory system. Businesses can hold deposits, transfer funds and run 24-hour trade settlement in traditional currencies and digital assets. The platform runs through SoFi Bank and offers regulated banking services alongside blockchain-based payment and settlement rails, including SoFiUSD, selected cryptocurrencies and tools to convert between fiat and digital assets.
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Crypto
Pump.fun tops $1 billion in cumulative revenue, first in Solana ecosystem
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Crypto
Nansen launches Solana-based Layer 1 index NX8
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Crypto
Parafi Capital invests $35 million in Solana-based Jupiter
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Telecommunications & Media
SpaceX plans IPO to raise $50 billion in June
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Crypto
Nansen launches AI crypto trading tool supporting Base and Solana
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Crypto
Solana-based Bags jumps to No. 2 on Jupiter launchpad rankings as GAS soars
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Crypto
Institutional money fails to lift Solana price, stuck at two years ago levels
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Crypto
Solana-based stablecoins market cap rises $900 million in 24 hours
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Crypto
Jupiter launches Solana-based stablecoin JupUSD