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The Block

The first and final word in digital assets

Rumble and Northern Data sign merger agreement as Tether makes $150 million AI commitment
Rumble has signed a merger agreement with Northern Data, following the divestment of its Bitcoin mining subsidiary, Peak Mining....

Republic secures $100 million zero-interest financing to buy ETH and expand staking operations
The 0%-interest deal positions Republic among a group of public firms using ETH as a treasury asset and income-producing resource....

Global crypto ETPs see $1.2 billion in weekly outflows, driven by post-liquidity cascade volatility: CoinShares
The negative sentiment was driven by post-liquidity cascade volatility and uncertainty over a U.S. rate cut, James Butterfill said....

Bank of England opens consultation on ‘systemic’ GBP stablecoin rules with temporary holding limits
Non-systemic stablecoins used primarily for crypto trading, such as USDT and USDC, will remain under FCA oversight without such restrictions....

Japan mulls new rule limiting crypto custody to registered providers: report
The FSA is considering a new system that would require crypto custody and trading management service providers to register with authorities....

Bitcoin, Ethereum surge as US Senate advances bill to end government shutdown
The US Senate passed a key funding bill on Sunday night, marking the first step toward reopening the government....

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. ...