🚨JUST IN: Hex Trust, a leading regulated digital asset platform for institutions and a qualified custodian, announced it will issue and custody wrapped XRP (wXRP), a 1:1-backed representation of the native XRP asset designed to support DeFi activity and cross-chain utility.
One statement from yesterday’s court hearing that many might overlook, but it matters deeply for #TerraClassic. 🚀🚀
Judge Engelmayer made this very clear:
“There are cases where the company itself was a fraud like Madoff or Theranos.”
“This is not that case.” 💡
The court explicitly acknowledged that Terra (Classic) had real potential. The ability to create transformative technology, described as a better mousetrap.
And this part is crucial:
“The indictment of you (Do Kwon) is not an indictment of your company.”
What the court judged was the conduct of an individual.
✅ Not the blockchain. ✅ Not the technology. ✅ Not the network.
The failure was in:
❌ Concealment ❌ Misleading communication ❌ Abuse of power
Not in the chain itself.
👉 Today, a U.S. federal court itself recognized that this blockchain can stand on its own.
And with the legal chapter now closing, Terra Classic steps into a new phase. She no longer held back by legal shadows. 🚀🚀
The DTCC just got the SEC’s green light to launch a tokenization service for major U.S. assets, including Russell 1000 stocks, ETFs, bonds, and Treasuries, allowing them to exist natively on approved blockchains for the next 3 years.
Backed by DTCC’s 2025 patents (e.g., US20250078162A1), the platform will enable interoperable, fast-settlement tokenization using Hedera ($HBAR), XRP, Stellar, and Chainlink for secure, cross-chain data feeds.
This isn’t just innovation, it’s Wall Street stepping fully into blockchain, and $HBAR is right at the heart of it.
The Pakistan Virtual Assets Regulatory Authority (PVARA) has officially issued NOCs to Binance — a major milestone for the industry. This clears the way for Binance to begin AML registration, set up a local entity, and work toward full Virtual Asset Service Provider (VASP) licensing.
A huge step toward regulated, secure, cross-border crypto services under Pakistan’s forward-thinking framework. The ecosystem is evolving fast — and this move accelerates it even further.
#Binance & JazzCash have signed an MoU to explore collaboration on virtual-asset education, awareness, and compliant digital-asset solutions for Pakistan’s evolving market. 🚀
A proud moment for Pakistan 🇵🇰 PVARA issues NOCs to Binance and HTX. The future looks bright and proud to have met @cz_binance and @justinsuntron along the way.