EU Minght make Bitcoin lllegal, XRP and RLUSD aim to.

Replace SWIFT, and more - Week in Review

EU might make Bitcoin illegal, XRP and RLUSD aim to replace SWIFT, Elon Musk backs Coinbase warning: Bitcoin could replace Dollar, and more in this Week in Review.

Week in Review

Europe’s privacy regulators are weighing guidelines that could effectively criminalize Bitcoin transactions. Ripple is pitching XRP and its planned RLUSD stablecoin as a lightning-fast, low-cost successor to the aging SWIFT network. Coinbase CEO Brian Armstrong—joined by Elon Musk—warns that runaway U.S. debt could make Bitcoin an attractive dollar alternative. Rex Shares’ filing for Ethereum- and Solana-staking ETFs suggests the SEC may soon green-light yield-bearing crypto funds, even if via an unconventional vehicle. Circle’s spectacular 150 % surge on its NYSE debut signals investor hunger for stablecoins.

Warning: Europe Might Irrevocably Make Bitcoin Illegal



Paymium’s Alexandre Stachtchenko explained that if the current version of the EDPB’s guidelines on… read more.

Editor’s comment: Sometimes it feels like0 the EU is hellbent on making sure it won’t be a leader in crypto, just like it wasn’t for the internet, and how it probably won’t be a leader in A.I. RIP EU.