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The Block

The first and final word in digital assets

Senate confirms crypto-friendly Stephen Miran to Federal Reserve Board ahead of interest rate meeting
The US Senate voted on Monday to confirm cryptocurrency-friendly Stephen Miran to serve on the Federal Reserve Board of Governors....

Coinbase App Store ranking suggests retail still on sidelines despite crypto rally
Currently sitting at 260th in the U.S. App Store rankings, Coinbase's position suggests retail participation remains relatively muted....

Crypto asset manager Bitwise files S-1 for Avalanche ETF
Earlier this month the company registered an Avalanche trust in Delaware, a preliminary step toward launching the product....

SEC, Winklevoss-led Gemini reach ‘resolution in principle’ over years long lawsuit involving Gemini Earn
The SEC and Gemini have reached a resolution after the agency accused the exchange of not following its rules when it launched Gemini Earn....

Strategy co-founder Michael Saylor and other crypto execs join lawmakers in Washington to advance strategic bitcoin reserve bill
Strategy co-founder Michael Saylor and other cryptocurrency advocates will be in Washington D.C. to push forward a strategic bitcoin reserve....

PayPal to expand P2P crypto payments with new Links feature
PayPal is introducing a new peer-to-peer feature that will allow for tax-exempt payments for certain types of transactions....

REX Shares says XRP ETF is launching this week, marking a first of its kind using unique legal framework
Investment company REX Shares and Osprey Funds are launching an XRP ETF this week, marking the first of its kind to debut in the U.S....

The Daily: Base’s potential native token, Polkadot’s new supply cap, Ethereum’s stablecoin record, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Japan’s third-largest credit card issuer Credit Saison launches investment fund targeting real-world asset startups
The fund has secured $35 million from Credit Saison and outside investors and can take in an additional $15 million, a spokesperson said....

MetaMask’s mUSD stablecoin goes live as number of dollar-pegged tokens grows
mUSD is the first stablecoin launched by a self-custodial crypto wallet and is meant to be the default digital dollar across its ecosystem....