Ripple experiences a significant network halt in its XRP Ledger, raising concerns among users and experts about its decentralization efforts. The interruption saw the blockchain pause for over an hour,
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Crypto.com Plans CRO Spot ETF Launch and New Financial Products in 2025
The post Crypto.com Plans CRO Spot ETF Launch and New Financial Products in 2025 appeared first on Coinpedia Fintech News Crypto.com is making big moves to bridge the gap between traditional finance and the cryptocurrency world. The company plans to introduce a range of new services in 2025, signaling its ambition to become a major player in both crypto and traditional finance. Among the new offerings are the launch of a Cronos (CRO) spot ETF, the release of its own stablecoin in the third quarter, and the addition of stock, options, and ETF trading in the first quarter. These developments are set to reshape the financial landscape for users seeking a more integrated approach to managing their money. Already known for its crypto exchange, Visa card, and mobile app, Crypto.com is now expanding its offerings to include banking services, allowing users to open multi-currency personal accounts and cash savings accounts. This move challenges traditional banks by providing an alternative way to manage finances. The company is also making strides in Europe, with a European headquarters established in Dublin and licenses obtained in Italy and Greece for virtual asset services. As the company enters new markets, it is well-positioned to become a comprehensive financial platform, offering both traditional and crypto asset trading. Crypto.com’s technological advancements are also noteworthy, including the development of Cronos zkEVM, a scaling solution that promises faster and cheaper transactions. With its innovative approach and growing product lineup, Crypto.com is setting the stage for growth, potentially boosting the value of CRO, its native token, in the near future. CoinOtag
Cardano (ADA) Founder Charles Hoskinson Talks About the Future of Cryptocurrencies
Cardano (ADA) founder Charles Hoskinson has predicted that the United States will emerge as one of the top adopters of cryptocurrency and blockchain technology in the next five years. Hoskinson suggested that various aspects of government operations, including voting, purchasing, payments, identification systems and central banking, could soon be integrated with blockchain technology. He believes that once the US takes this step, other nations will follow suit. “It’s entirely possible that our voting systems, our government procurement systems, our payment systems, our identity systems, and our central bank functions will all have some form of blockchain connectivity within five years,” Hoskinson said. Related News: BREAKING: US Cryptocurrency Czar Talks About Bitcoin Reserve On Live Stream - Here Are All The Details Of The Press Conference Hoskinson also suggested that if the US were to implement blockchain-based systems, interoperability would become important and encourage 20 to 50 other countries to adopt similar frameworks. The ADA founder recently signaled in his statement that Cardano could work with Ripple and ICP, and the ICP founder also expressed his positive view of this collaboration. *This is not investment advice. Continue Reading: Cardano (ADA) Founder Charles Hoskinson Talks About the Future of Cryptocurrencies CoinOtag