The Block

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The Block

The first and final word in digital assets

DTCC lists five spot XRP ETFs as November launch anticipation grows
Canary Capital CEO Steven McClurg said this week that the firm is expecting to launch its XRP ETF next week....

Ledger considering New York IPO or fundraise as demand for hardware wallets climbs: FT
The hardware wallet manufacturer is having its best year yet, its CEO told the Financial Times, even ahead of an expected holiday season boost in sales. ...

Acting CFTC chair confirms push to launch leveraged spot crypto trading on regulated exchanges
Spot crypto trading products involving margin, leverage, and financing could launch on regulated exchanges as soon as next month, according to the report. ...

Spanish crypto influencer CryptoSpain detained on $300 million fraud, money laundering charges
Álvaro Romillo, also known as CryptoSpain, has also reportedly admitted to funding the campaign of a far-right MEP with a €100,000 euro cash donation. ...

Italy’s banks support ECB’s digital euro plan, but want to spread out costs over time: Reuters
EU finance ministers recently reached a compromise agreement with the ECB on the plan to roll out a digital euro, expected by 2029. ...

‘Massive overstep’: mistrial declared for ‘MEV Brothers’ accused of $25 million fraud on Ethereum
Some jurors were reportedly brought to tears and suffered sleepless nights while deliberating the case of two brothers accused of a $25 million fraud. ...

U.S. spot bitcoin ETFs see largest daily outflow since August as BTC price hovers around $100,000
Meanwhile, the recently-launched U.S. spot Solana ETFs have logged their ninth straight trading day of net positive inflows. ...

Fed Governor Miran calls stablecoins ‘a force to be reckoned with’ that could put downward pressure on interest rates
Stablecoins are an "area of enormous growth," said Fed Governor Stephen Miran as he spoke about cryptocurrency for the first time....

Trump Media posts third straight loss as SPAC legal fees mount, CRO holdings rise
Trump Media also reported $54.1 million in non-cash losses from changes in the fair value of its digital asset holdings and other costs....