UK-based IG Group has acquired a 70% stake in Australian cryptocurrency exchange Independent Reserve for A$178 million ($117.2 million), marking a significant strategic expansion into the Asia-Pacific crypto market. The deal, which requires regulatory approvals from Singapore and Australian authorities with completion expected by early 2026, strengthens IG’s position in one of the world’s most crypto-intensive regions and expands its digital asset offerings. This move comes as global regulatory frameworks for cryptocurrencies continue to evolve, positioning IG to capitalize on growing institutional and retail demand for digital assets.
about IG Group Buys 70% of Australian Crypto Exchange for $117MIndependent Reserve
0 in Finance and 0 in Crypto last weekRipple’s RLUSD Hits $244.2M Market Cap in Q1 2025
Ripple’s RLUSD stablecoin closed Q1 2025 with a $244.2 million market cap across XRP Ledger (XRPL) and Ethereum, becoming the largest stablecoin on XRPL with $44.2 million. While this marks a milestone, RLUSD still trails behind dominant stablecoins like Tether (USDT) and USD Coin (USDC). The recent AMM Clawback amendment now allows compliant tokens like RLUSD to trade on XRPL’s automated market maker, potentially boosting liquidity and enabling new use cases such as real-world asset trading and cross-chain arbitrage. RLUSD, launched in December 2024, is backed by USD reserves and has seen growing adoption, including integration with Ripple Payments and listings on major exchanges like Kraken and Bitstamp.
about Ripple's RLUSD Hits $244.2M Market Cap in Q1 2025Singapore Crypto Awareness Hits 94%, Ownership Drops to 29%
A recent survey by Independent Reserve reveals that 94% of Singaporeans are now aware of cryptocurrencies, marking an all-time high. However, ownership has dropped significantly from 40% in 2024 to 29% in 2025, indicating a strategic shift among investors. The survey, which included 1,500 participants, also highlights a gender gap, with 35% of men investing in crypto compared to just 24% of women. The findings suggest growing caution despite widespread familiarity with digital assets.
about Singapore Crypto Awareness Hits 94%, Ownership Drops to 29%Australia’s Election Outcome to Fast-Track Crypto Laws
Australia’s federal election this weekend will not derail long-awaited crypto legislation, with both the ruling Labor Party and opposition Liberals pledging to implement regulations developed alongside the industry. While crypto failed to become a major campaign issue—seen as too niche or polarizing—the Treasury has draft bills on digital asset platforms and payments modernization ready for release this quarter. Shadow Treasurer Angus Taylor has also promised draft crypto regulations within 100 days if elected, signaling bipartisan momentum for clearer rules after years of delay.
about Australia's Election Outcome to Fast-Track Crypto LawsRipple’s RLUSD Stablecoin Expands Exchange Listings and Market Presence
Ripple’s RLUSD stablecoin is set to expand its presence on major cryptocurrency exchanges, with new listings expected imminently, according to President Monica Long. Currently holding a market cap of $71.8 million, RLUSD is primarily traded on Bullish, which accounts for over 76% of its volume. Ripple’s payments business has doubled in size, driving demand for RLUSD, while a partnership with Chainlink aims to enhance its utility through accurate price feeds. Additionally, an XRP exchange-traded fund (ETF) may receive approval soon, with several applications already submitted to the U.S. Securities and Exchange Commission [SEC](https://www.sec.gov).
about Ripple's RLUSD Stablecoin Expands Exchange Listings and Market PresenceRipple’s RLUSD Stablecoin Set for Imminent Exchange Listings and Growth
Ripple’s RLUSD stablecoin is set to be listed on more major exchanges imminently, according to President Monica Long. Launched on December 17, RLUSD is currently available on several platforms, with a market cap of $71.8 million and over 76% of trading volume on Bullish. Ripple’s payments business has doubled, driving demand for RLUSD, while a partnership with Chainlink aims to enhance its utility through accurate price feeds. Long also hinted at the potential for an XRP ETF, suggesting approvals may accelerate with a change in administration.
about Ripple's RLUSD Stablecoin Set for Imminent Exchange Listings and GrowthFXGuys Emerges as Top Small-Cap Crypto for 2025 Bull Market
FXGuys ($FXG) is emerging as a top contender for the 2025 bull market, having raised over $3.3 million in presale. This decentralized prop firm offers traders up to $500,000 in capital and a unique Trade2Earn program, rewarding participants with $FXG tokens regardless of trade outcomes. Currently priced at $0.04, analysts predict a surge to $10 as the platform gains traction.
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