SEC halts Grayscale’s bid to covert BTC, ETH, XRP, SOL large-cap fund into a spot ETF despite approval order

Key Takeaways The Division of Trading and Markets, acting under delegated authority, approved the rule change for listing GDLC, but the Commission intervened and reviewed the approval. The approval is now stayed pending a final decision by the full Commission. Share this article Grayscale’s effort to convert its Digital Large Cap Fund (GDLC) into a…

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Imagen AI (IMAGE) Developer to Enable Ripple Labs Stablecoin RLUSD for Service Payments

Subtitle: RLUSD integration enhances transaction efficiency and multichain access across Imagen’s AI-powered social ecosystem. July 03, 2025 1:00 AM EDT | Source: Kaj Labs Singapore, Singapore–(Newsfile Corp. – July 3, 2025) – The developer behind Imagen Network, the decentralized AI social platform, has announced plans to integrate Ripple Labs’ new stablecoin, RLUSD, into its…

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PH Crypto Oversight Improves, But FATF Flags Gaps on DeFi, Stablecoins, Offshore Exchanges

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. The Philippines has met several key regulatory benchmarks for…

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$350M Outflows End 15-Day Run

On July 1, U.S. spot Bitcoin ETFs experienced a significant net outflow of approximately $342 million, marking a sharp reversal in investor sentiment. This shift is marked by the first outflow since June 6, and interrupted a period of sustained demand that had pushed cumulative net inflows to about $49 billion and total ETF assets…

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