WEEKLY UPDATE: Stablecoins on Stripe, $3 bn Penalty for TD Bank, Kraken Digital Asset Exchange offers #ETH restaking w/ Eigen Labs ... and more covered in this week's #StateOfTheMarket report. Read the report >> https://lnkd.in/gZfsYhyz This Week's #CryptoMarket Highlights: ✔️Stripe reintroduced #cryptocurrency support with a new stablecoin payment option, adopted across 70 countries on its first day. ✔️TD Bank faced a $3 billion penalty for failing to report $1 billion in suspicious cryptocurrency transactions, highlighting regulatory challenges in the sector. ✔️The UAE granted in-principle approval for AE Coin, a regulated stablecoin pegged to the Dirham, aligning with their Digital Government Strategy 2025. ✔️Kraken introduced ETH restaking through EigenLayer, reflecting the growth in liquid restaking tokens’ total value locked increasing over 3000% this year. ✔️The Trump family-backed World Liberty Financial is preparing for its #WLFI token launch, having whitelisted over 100,000 accredited U.S. investors, but falling short of its $300m goal. #PutTruthToWork #FutureOfFinance
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