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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The UK Financial Conduct Authority is seeking opinions on the operational standards for Crypto Assets companies.
[UK Financial Conduct Authority Seeks Feedback on Operating Standards for Crypto Assets Companies] The UK Financial Conduct Authority (FCA) announced on the 17th that it is seeking feedback on the minimum standards that crypto assets companies must adhere to. These proposals reflect many requirements that already apply to Financial Institutions, such as operational resilience, system controls, and measures to combat crime. The new regulations aim to maintain reasonableness, enabling UK businesses to participate in international competition.