Ripple News: XSGD Stablecoin Now Live on XRP Ledger for Asian Market Growth

StraitsX adds XSGD to XRP Ledger, expanding regulated stablecoin use across Asia’s real-time networks. Integration boosts transparent, fast payments with XSGD backed by reserves in DBS and Standard Chartered. StraitsX made a fresh leap in expanding its digital currency scope by introducing Singapore dollar-backed stablecoin, XSGD, to the XRP Ledger. The move is an extension…

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Dubai’s VARA Releases Version 2.0 of Virtual Asset Regulation Rulebook

The Virtual Assets Regulatory Authority (VARA) in Dubai has announced the release of Version 2.0 of its activity-based Rulebooks. The updated Rulebooks enhance supervisory mechanisms for various regulated virtual asset activities, including advisory services, broker-dealer services, custody services, and exchange services, among others. Key updates include strengthened controls on margin trading and token distribution, clearer…

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