Blockchain DXB:- Daily update 🔴 03rd July 🔴 🏦 Ripple - banking license 💰Euro stablecoin by Deutsche Bank & DWS🚦SEC Halts Grayscale Altcoin ETF 🔵 J.P. Morgan & S&P - Tokenized Carbon Credits?

03rd July: Blockchain DXB podcast 🎙️🏦 Ripple applies for US banking license 💰Euro stablecoin by Deutsche Bank & DWS🚦SEC Halts Grayscale Altcoin ETF 🔵 J.P. Morgan & S&P - Tokenized Carbon Credits?🌏 The Wall Street Journal posted via X that Ripple has applied for a national banking license, joining the rush of cryptocurrency companies seeking to cross the divide into mainstream finance. A national banking charter would make the OCC a regulator of Ripple’s stablecoin Article here https://lnkd.in/dyGpi9yc🔵 Brad Garlinghouse also confirmed via X I"f approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market." Earlier in the week Standard Custody & Trust Company they also applied for a Federal Reserve Board Master account- Does Ripple use Blockchain technology?- What impact does it have for the banking indsutry and crypto industry?- Is Ripple following Circle on wanting bank charter🔴 The U.S. Securities and Exchange Commission has indefinitely paused approval of Grayscale’s ETF conversion for its Digital Large Cap Fund (GDLC), which includes BTC, Eth and altcoins like XRP, Sol, + Cardano.💡 While the SEC did fast-tracked the ETF application, it simultaneously issued a stay, delaying its effect without explanation. Analysts Eric Balchunas believes the SEC may be finalizing a broader framework for altcoin ETFs and is holding off until clearer guidelines are in place.- Despite the delay, experts like `Bloomberg’s James Seyffart, CFA, CAIA and Balchunas remain confident that altcoin ETFs—including Solana and XRP—will likely be approved by the end of 2025. Info via X https://lnkd.in/d6VKXZ5E📊 Deutsche Bank and DWS Group, in partnership with Galaxy Digital, have secured BaFin approval to launch EURAU, a MiCA-compliant euro stablecoin under their joint venture AllUnity https://lnkd.in/dBsPeXjv- The stablecoin will offer institutional-grade proof-of-reserves and aims to integrate with regulated institutions, fintechs, and corporate treasuries. This marks a major step as Europe becomes a key battleground in the stablecoin race, especially after MiCA’s full implementation.🟣 Kinexys by J.P. Morgan advances new blockchain application development for carbon markets with S&P Global Commodity Insights, EcoRegistry and International Carbon Registry (ICR) https://lnkd.in/dADxjNrrThe initiative follows Kinexys’ newly released research paper exploring blockchain’s potential to enhance trust, traceability, and interoperability across carbon markets. Initial testing focuses on project and credit lifecycle management, technical connectivity, and data compatibility.🟠 Two UAE news⚡️ The Securities and Commodities Authority (SCA) has announced new legislation titled "Regulating Token Securities and Tokenized Commodity Contracts."⚡️ Zodia Custody Expands into UAE with Strategic Acquisition of Tungsten Custody Tungsten, a Zodia Custody companyFor slides click here : https://shorturl.at/MsPdKLinkedIn Profile: ⁠⁠https://shorturl.at/dXf1d⁠To support this channel:🚨Join our Patreon🚨: https://www.patreon.com/BlockchainDXB ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e⚡ Buy me Coffee ☕⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⚡ Advanced MediaAdvanced Media is the largest distributor of professional video, photo, broadcast and cinema equipment and accessories in the Middle East  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⚡ The Race Space Podcast 🎙️Instagram: @theracespoacepodcast Podcast Host: @black_incarnation⚡ Ledger Wallet 🔑⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://shop.ledger.com?r=ae54df359c4d⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠