What Happened in the Cryptocurrency Market During the Week of December 9-15

Regulatory news

Ripple Labs has received approval from the New York Department of Financial Services (NYDFS) to launch the RLUSD stablecoin.

Dmitry Vasiliev, the former CEO of the major Russian cryptocurrency exchange WEX, has been detained in Poland.

Cryptocurrency Exchange News

The world's largest crypto exchange Binance has introduced an updated version of its Web3 wallet.

Coinbase has announced the listing of the popular memecoin PNUT.

Project news

The team behind Fuel , an Ethereum-based Layer 2 solution, has announced the launch of its native FUEL token and airdrop.

TON and Tether are ready to settle in Kazakhstan.

Other crypto market news of the week

Memcoin PEPE has overtaken Uniswap (UNI) and Litecoin (LTC) in market capitalization rankings.

Microsoft shareholders have rejected a proposal to add Bitcoin to the company's assets. Crypto investors have deemed the rejection the company's biggest mistake.

Ukraine is preparing a bill on the legalization of cryptocurrencies, which will be presented after the New Year holidays.

Plutonex