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news-imageMarch 12, 2025

After XRP filing, Franklin Templeton seeks Solana ETF approval

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States. The filing, submitted on March 12, marks another push for expanding crypto investment vehicles beyond Bitcoin and Ethereum.
Publisher: Invezz
Sentiment: Positive
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Positive
cover-imageCoinPedia
March 13, 2025

XRP News Today : Ripple Gains Green Light for Crypto Payments in Dubai

Ripple made cross-border payments easy! Ripple has secured approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the Dubai International Finance Centre (DIFC). This makes Ripple the first blockchain-powered payments provider licensed by the DFSA, marking a major step in its expansion into the Middle East.

Positive
cover-imageCointelegraph
March 13, 2025

Ripple secures Dubai license to offer crypto payments in UAE

Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone with its own tax policies and regulatory framework. The announcement came almost six months after the company announced its receipt of an in-principle approval of the DFSA license.

Negative
cover-imageNewsBTC
March 13, 2025

XRP Faces Bearish MVRV Crossover—Price Plunge To Continue?

On-chain data shows the XRP Market Value to Realized Value (MVRV) Ratio has just gone through a crossover that may not be positive for the asset's price. XRP MVRV Ratio Has Dropped Under Its 200-Day MA As pointed out by analyst Ali Martinez in a new post on X, the MVRV Ratio's latest crossover may signal a macro trend shift for XRP.

Positive
cover-imageTokenpost
March 13, 2025

Franklin Templeton Joins Solana ETF Race Amid Rising Approval Odds

Franklin Templeton, managing $1.53 trillion in assets, has filed to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S. The filing was submitted by Cboe BZX Exchange earlier this week, marking another major move by the financial giant, which also filed for an XRP ETF just days prior. This makes Franklin Templeton the most significant player to enter both the Solana and XRP ETF markets.

Negative
cover-imageCryptonews
March 12, 2025

Sec's Case Against Ripple Set to Close, Sources Say: Fox Business

Ripple's legal battle with the SEC appears to be nearing its conclusion, according to sources. The case, which has shaped crypto regulations in the U.S., may soon be resolved, potentially influencing broader enforcement strategies and digital asset oversight in the industry. The post Sec's Case Against Ripple Set to Close, Sources Say: Fox Business appeared first on Cryptonews.

Neutral
cover-imageBenzinga
March 12, 2025

Bitcoin, Ethereum Slip, XRP, Dogecoin Hold Gains On Slow Wednesday

Bitcoin and Ethereum struggle to maintain gains, while XRP rallies on optimism over the SEC potentially closing its case against Ripple. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,997.45 -0.13% Ethereum (CRYPTO: ETH) $1,876.24 -3.7% Solana (CRYPTO: SOL) $124.56 -2.1% XRP (CRYPTO: XRP) $2.23 +2.5% Dogecoin (CRYPTO: DOGE) $0.1689 +1.3% Shiba Inu (CRYPTO: SHIB) $0.00001229 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 3.4%.

Positive
cover-imageBenzinga
March 12, 2025

Trump-Appointed SEC Chair Could Fast-Track Crypto ETF Approvals: XRP, Solana, Dogecoin ETFs Coming By June?

The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.

Negative
cover-imageCointelegraph
March 12, 2025

SEC's enforcement case against Ripple may be wrapping up

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years.According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC's case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, respectively, over a $125-million court judgment in August 2024. The civil case against the blockchain firm filed in December 2020 alleged Ripple and certain executives used XRP (XRP) as an unregistered security to raise funds.

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