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Ripple obtains Money Transmitter Licenses in New York and Texas #Ripple $XRP secures #MoneyTransmitterLicenses (MTLs) in New York and Texas as part of its strategy to expand its domestic presence in the U.S. Money Transmitter Licenses enables Ripple Payments customers in the U.S. to use a licensed version of its cross-border payments solution, with Ripple managing transactions end-to-end on their behalf. With the newly acquired licenses, Ripple and its subsidiaries now hold over 55 global #MTLs , including those in 33 U.S. states. 👉 theblock.co/post/337186/ripple-licenses-us-footprint
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COIN OF THE DAY $ACH #AlchemyPay #CRYPTO2025 #DYOR
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Pell Network raises $3.5M in a Strategic funding round #PellNetwork secures $3.5M in a Strategic funding round from ArkStream Capital, Web3Port, Taisu Ventures, D11 Labs, GoPlus Security, MultiversX, Core Ventures and Astrarizon Ventures. Pell Network will utilize secured funds to accelerate the process of building a comprehensive omnichain infrastructure for decentralized finance driven by #DeFAI . Pell Network is a decentralized platform offering validated services specifically for the Bitcoin ecosystem. 👉 x.com/Pell_Network/status/1883855520471380247
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OKX and Crypto.com obtain full MiCA licenses in European Union Cryptocurrency exchanges OKX and Cryptocom secure full #MiCA licenses, allowing them to provide regulated crypto services throughout the EU. MiCA license simplifies crypto access for those who live in the European Economic Area (EEA). OKX plans to provide EEA users with access to its crypto token services, including over-the-counter (OTC) trading, spot trading, and bot trading. The platform's website and mobile app will include localized language options and region-specific interfaces to improve user support. Similarly, Crypto.com has revealed intentions to offer various crypto services across the region. 👉 cointelegraph.com/news/okx-crypto-com-secure-mica-licenses-eu
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Mode announces the launch of Synth subnet on Bittensor #Mode launches the #Synth subnet on #Bittensor , aiming to develop decentralized #AI capable of forecasting cryptocurrency prices. Synth will function as a resource for accessing future price probability distributions, focusing on applications in options trading and portfolio management. Synth utilizes miners to generate simulated price paths, which subnet validators verify against historical data for accuracy and realistic price dynamics. Initially, miners will create 100 bitcoin price simulations every five minutes, with rewards based on their modeling precision and realism. #AIagents on Mode could then use these predictive capabilities. 👉 theblock.co/post/337156/mode-launches-synth-subnet-on-bittensor-to-build-decentralized-ai-that-predicts-crypto-prices
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