FTX Sets January 3, 2025 as Date for Chapter 11 Reorganization Plan

FTX debtors have finalized January 3, 2025 as the initial distribution date for its court-approved Chapter 11 Plan of Reorganization just over two years after the Sam Bankman-Fried’s crypto exchange collapsed in November 2022. FTX Debtors To Pay Back Victims Of Doomed Crypto Exchange According to a December 16 press release from FTX and its […]
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Bitpanda Secures VARA In-Principle Approval for UAE Expansion

Bitpanda has secured in-principle approval from the UAE’s VARA, marking its first expansion outside Europe and positioning itself to tap into the growing digital asset market in the Middle East.
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Ripple Set to Launch RLUSD Stablecoin on December 17

Ripple is set to launch its enterprise-grade stablecoin, RLUSD, on December 17, 2024, aiming to enhance compliance and transparency while catering to institutional needs in the growing digital asset market.
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