“`html A digital payments protocol launched by Coinbase in May that allows AI agents to engage in stablecoin transactions online has experienced an over 10,000% surge in transaction activity within the past month.At that moment, Coinbase stated that x402 rectifies “the internet’s initial error” by reviving the Internet Communication Protocol’s Hypertext Transfer Protocol 402 — or HTTP 402 — to devise a fluid payment system inherently linked to the internet.This system enables AI — and humans — to make payments directly while interacting with a website or application: they request an item, receive an HTTP 402 “Payment Required” notification, and…
Autore: wsjcrypto
“`html From artisan party supplies to scientifically-supported pet enhancements, few companies appear as dissimilar as Meri Meri and PetLab Co. Nonetheless, they share a singular, revealing choice that has revolutionized their operations: both have centered their next stage of development on Oracle NetSuite. In distinct discussions, Meri Meri’s managing director, Paul Cripps, and PetLab Co.’s chief financial officer, Tony Morreale, articulated, in straightforward language, what occurs when a rapidly expanding enterprise abandons a hodgepodge of systems in favor of a cloud ERP that functions as the organization’s control hub. Cripps joined Meri Meri—a design studio based in San Francisco and…
“`html The Swiss Bitcoin application Relai has emerged as one of the initial Bitcoin-exclusive enterprises to acquire regulatory endorsement under Europe’s historic Markets in Crypto-Assets (MiCA) framework. The Zurich-headquartered company disclosed today that it has been awarded authorization as a Crypto-Asset Service Provider (CASP) by the Financial Markets Authority (AMF) of France, as per a communiqué shared with Bitcoin Magazine. This approval signifies a notable milestone not only for Relai but also for the wider Bitcoin ecosystem in Europe. The MiCA regulation, which was implemented earlier this year, sets out consistent guidelines for crypto firms throughout the EU, aiming to…
“`html Viewpoint by: Alex Zhang, co-founder at PharosTransforming real-world assets (RWAs) into digital tokens is not a standalone remedy for conventional financial issues. Asserting such a notion would be simplistic. Currently, RWA tokenization is experiencing substantial pressure to demonstrate efficacy, even while revealing distinct value and indicators of advancement.In spite of its forward momentum, the critique directed at RWA tokenization is considerable. Detractors argue that decentralization alone suffices.It’s too intricate for the general populace. Regulatory challenges are overwhelming. The required infrastructure is deficient. Fraudulence is widespread. Manipulation is feasible. There’s an absence of auditing. A deficiency of standardization. The list…
“`html Reliable Editorial material, evaluated by prominent industry authorities and experienced editors. Advertisement Disclosure US President Donald Trump granted a pardon to Binance founder Changpeng “CZ” Zhao on October 23, 2025, expunging a federal conviction associated with anti-money-laundering deficiencies. As reported by Reuters and the Associated Press, Zhao had admitted guilt in 2023, paid a $50 million penalty, and served approximately four months in jail. Binance itself consented to over $4 billion in fines related to US enforcement actions. Legislators Seek Clarification Representative Maxine Waters, the leading Democrat on the House Financial Services Committee, termed the pardon “shocking yet expected”…
“`html The Quezon City administration inaugurated the nation’s inaugural textile circularity center in Payatas on Thursday, a facility that converts discarded materials into premium goods, addressing the escalating textile pollution while creating job opportunities for the local populace. The center is named the QC-Anthill Circularity Hub and is strategically located within the Payatas Controlled Disposal Facility (PCDF), which was previously recognized as a trash site but has been converted into an ecological park. “Textile waste is frequently ignored, yet it ranks as one of the rapidly expanding forms of urban refuse,” Mayor Maria Josefina “Joy” G. Belmonte remarked during the…
“`html Ripple has concluded its $1.25 billion acquisition of Hidden Road and has rechristened the firm as Ripple Prime, as confirmed by company executives. According to statements from leadership, this transaction positions Ripple as the pioneering cryptocurrency firm to possess and operate a global, multi-asset prime brokerage. Related Reading Ripple President Monica Long stated on X that the “future ahead is exceptionally bright,” and reports indicate that the company is already transitioning to utilize XRP innovatively within the prime brokerage sector. Ripple Finalizes Hidden Road Agreement According to reports, Ripple Prime was established on Hidden Road’s infrastructure, a platform recognized…
“`html NatWest has achieved one of its most impressive quarterly outcomes since the financial downturn, recording a 30.4 per cent increase in pre-tax profits to £2.2 billion for the three-month period ending in September — significantly surpassing City forecasts. The FTSE 100 financial institution stated that revenue climbed nearly 16 per cent to £4.3 billion, propelled by expanding deposit margins and a slight calendar advantage from an additional trading day this quarter. Its net interest margin – the primary indicator of profitability between loans and deposits – rose to 2.37 per cent, up from 2.18 per cent the previous year.…
“`html Ripple has finalized its takeover of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, signifying one of the organization’s most critical agreements to date and considerably broadening its operations beyond the digital assets arena.Ripple announced it is now the pioneering crypto firm to possess and operate a multi-asset prime broker, encompassing everything from clearing, financing, and brokerage across digital assets, derivatives, swaps, foreign exchange, and fixed-income instruments for institutional clients.Ripple Prime’s business activity has already tripled since the $1.25 billion acquisition was disclosed in early April, Ripple stated on Friday, adding that further growth from both…
“`html US President Donald Trump is set to propose Michael Selig as the forthcoming chair of the Commodity Futures Trading Commission (CFTC), following the retraction of Brian Quintenz’s nomination.Bloomberg announced the development on Friday, referencing an unnamed official from the Trump administration. At this moment, no formal statement has been released.Selig occupies the role of chief counsel and senior adviser for the Securities and Exchange Commission’s crypto task force, supporting SEC Chair Paul Atkins. He has been described as “pro-crypto” by several analysts and influencers within the crypto sphere, who have expressed enthusiasm over the potential nomination.Michael Selig. Source: PLIThe…