Revolut secures VARA in-principle approval for UAE crypto services
The fintech plans app and Revolut X access in the UAE while preparing an August USDT delisting in parts of Europe.
The fintech plans app and Revolut X access in the UAE while preparing an August USDT delisting in parts of Europe.
He pledged to review the pardon process if confirmed and reiterated a narrower stance on charging software developers.
Security firms estimated $18M–$22M in losses, while Ostium urged users to revoke approvals as it investigates.
The deployment brings Hub & Spoke markets and tees up borrowing against tokenized assets on Avalanche.
Q2 outflows hit $3.1B even as firmwide AUM reached a record $15.3T on $192B of net inflows.
Revisions also raise maximum penalties for unregistered operations to 10 years in prison and about 10 million yen in fines.
The 220,000-share add lifts ARK’s disclosed July accumulation to 725,517 shares as USDC activity metrics draw scrutiny.
PayPal jumped 11.3% premarket as the report tied deal talk to expanding stablecoin payment rails.
The available source text confirms the direction of travel but provides no scope, agency, or timeline details.
The 40-member governance roster includes Visa, Mastercard, AmEx, Ripple, Google, AWS, and Cloudflare.
The order hit crypto-infrastructure sentiment immediately, but key scope details are still missing.
Treasury Secretary Scott Bessent said the wallets were linked to the Central Bank of Iran and framed the move under Operation Economic Fury.
The filing underscores a hard pivot away from Bitcoin self-mining, alongside fresh claims of ~4.9M ETH staked and $284M annualized rewards.
Platform head Rob Witoff tied the shift to smaller senior teams after May’s 700-person layoff.
The regulator framed forced reversals as a threat to contract certainty on a CFTC-registered venue.
With no vote time posted yet, the bill’s 60-vote path hinges on whether Trump-ethics language is added.
Dragonfly and FirstMark led the round as Velocity targets cross-border settlement and treasury operations for institutions.
Joint recommendations set a coordination track into the US payment stablecoin regime’s January 2027 effective date.
He argues the draft expands BSA coverage, mandates real-time sharing with law enforcement, and adds hold and freeze authority.
The “no gain, no loss” treatment pushes tax recognition to an “economic disposal” and is expected to affect about 700,000 UK individuals and trustees.