📢 Today’s Top Crypto Headlines:
🇬🇧 UK Accelerates Stablecoin Regulations
• Bank of England Deputy Governor Sarah Breeden confirmed faster rollout of stablecoin rules
• Proposed issuance caps: £10 M (corporate) | £20 K (individuals)
• Framework tailored to the UK’s bank-heavy mortgage system, differing from the U.S. model
• Signals commitment to safe integration of stablecoins into national finance
💰 Ripple Raises $500 M & Tests RLUSD Stablecoin
• $500 M funding led by Fortress Investment Group & Citadel Securities → valuation $40 B
• Partners: Mastercard, WebBank, Gemini for credit-card pilot using $RLUSD (XRP Ledger)
• $RLUSD circulation tops $1B, regulated under NY Trust Charter — first U.S. bank pilot using public blockchain for fiat
📊 Robinhood Q3 Earnings Surge
• Revenue +129% YoY → $1.27 B (EPS $0.61)
• Crypto revenue +300% → $268 M | Options +50% | Stocks +132%
• Active users 26.8 M (+2.5 M) | Assets $333 B
• Expanding via Bitstamp & WonderFi acquisitions, Arbitrum tokenized stocks, and crypto perpetuals in EU
🚀 CMT Digital Launches $136 M Venture Fund
• Closed $136 M Fund IV (target $150 M)
• Backed by strong LP demand despite tighter VC climate
• Reinforces long-term confidence in crypto startups and Web3 innovation
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