[Midnight News Brief] Ripple obtains preliminary license as an electronic money institution in Luxembourg Outside

Ripple Receives Preliminary Electronic Money Institution License in Luxembourg

Ripple has obtained a preliminary electronic money institution license from the Luxembourg Financial Industry Supervisory Commission. This approval is part of Ripple’s strategy to strengthen its payment network and digital asset infrastructure within the EU.

JPMorgan Forecasts $130 Billion Inflow into BTC Market This Year

American investment bank JPMorgan predicts that over $130 billion (approximately 173 trillion KRW) will flow into the Bitcoin market this year. This forecast is based on the growing participation of institutional investors and positive trends such as recent ETF approvals.

CME Announces Launch of ADA, LINK, XLM Futures

The Chicago Mercantile Exchange announced it will launch futures products based on Cardano, Chainlink, and Stellar on February 9. This move is seen as an effort to expand the range of cryptocurrency derivatives, reflecting institutional demand.

Anchorage Digital Partners with Spark to Launch Institutional DeFi Lending Service

Anchorage Digital has partnered with DeFi lending protocol Spark to introduce lending and custody solutions for institutional investors. The service offers Bitcoin-backed loans, complies with institutional regulations, and provides liquidity.

Korean National Assembly Passes Capital Markets Act and Electronic Securities Act to Pave the Way for STO Legislation

The Korean National Assembly has passed amendments to the Capital Markets Act and Electronic Securities Act, legalizing blockchain-based security token offerings. This measure lays the foundation for the issuance of security-type digital assets and OTC brokerage systems.

MetaMask Officially Integrates TRON Network

Cryptocurrency wallet MetaMask has officially begun supporting the TRON network. Users can now use TRON-based assets and DApps through MetaMask, as well as transfer USDT and stake TRX within the wallet.

BNB Foundation Completes $1.27 Billion BNB Burn

The BNB Foundation announced it has burned a total of 1,371,803.77 BNB through an automatic mechanism. The burn amount is valued at approximately $1.277 billion, approaching the long-term goal of reducing total circulating supply to 100 million.

BlackRock and Microsoft AI Project Secures $12.5 Billion Investment

BlackRock and Microsoft’s joint AI collaboration project has received an investment of $12.5 billion. The total fundraising goal is $30 billion, aiming to drive innovation in AI-based asset management.

Ethereum Daily Trading Volume Hits Record High, Surpasses 2.6 Million Transactions

Ethereum’s daily trading volume exceeded 2.6 million transactions, setting a new record. This increase is attributed to the rise in smart contract and decentralized application activity, as well as efforts to improve network scalability and reduce transaction fees.

Federal Reserve Member Hints at Possible Rate Cut This Year

Federal Reserve Board member Esther Goolsby hinted at the possibility of a rate cut this year. Her comments are based on slowing inflation and economic indicators, which could trigger increased liquidity expectations in the cryptocurrency market.