Web3

Ripple CEO Brad Garlinghouse says he and co-founder Chris Larsen seriously weighed shutting the company down after the SEC filed its 2020 lawsuit. The shutdown option involved distributing Ripple’s XRP holdings to shareholders, not closing…

Sony Bank’s proposed trust subsidiary, Connectia Trust, received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency on July 2. The filing describes a dollar-backed stablecoin on a restricted, closed-loop network,…

France’s gambling regulator has ordered internet service providers to block the Polymarket website, going beyond an earlier restriction on transactions from French territory. The regulator cited Similarweb data showing 578,751 visits and 205,057 unique visitors…