Crypto – June 3, 2025
Ripple's RLUSD Stablecoin Approved in Dubai
Dubai’s Virtual Assets Regulatory Authority (VARA) has officially approved Ripple’s RLUSD stablecoin, solidifying the region’s growing leadership in Web3 innovation and compliant digital assets.
Trump’s First VIP-NFT Sells for $16,000
The first VIP NFT tied to Donald Trump fetched a solid $16,000 at auction — sparking fresh conversations about the intersection of politics, fandom, and digital collectibles.
SolarBank Adds Bitcoin to Treasury Reserves
Canadian firm SolarBank has made a bold move, announcing it will hold BTC as part of its reserve strategy — a major milestone for Bitcoin’s institutional adoption.
Australia Tightens Crypto ATM Rules Amid Fraud Spike
In response to rising scams, Australian authorities are implementing stricter regulations for crypto ATM operators, aiming to increase consumer safety.
Avantis Raises $8M Led by Founders Fund and Pantera Capital
DeFi protocol Avantis has secured $8 million in funding from heavyweights like Founders Fund and Pantera Capital, underlining continued investor appetite in on-chain finance.
Trump Plans Crypto Wallet and Trading App
Donald Trump is reportedly developing his own cryptocurrency wallet and trading platform, further aligning his brand with the digital asset space.
Pump․Fun Token Rumored for June Launch
Crypto Twitter is buzzing with rumors that Pump․Fun will launch its native token by the end of June — speculation is driving high engagement.
OSL Expands to Indonesia With $15M Acquisition
Hong Kong’s OSL is entering the Indonesian market by acquiring a 90% stake in a local crypto exchange, continuing the trend of regional Web3 expansion in Asia.
Tether Invests in Orionx to Accelerate Crypto Adoption in Latin America
Tether has announced a strategic investment in Orionx, a major move to deepen the integration of digital assets across the Latin American market.
Solana Foundation
The Solana Foundation has inked a Memorandum of Understanding with VARA to support Solana’s economic zone in Dubai.
