The US state of Florida has indefinitely postponed and withdrawn two crypto bills to form the Strategic Bitcoin Reserve from consideration. The two bills, House Bill 487 (HB 487) and Senate Bill 550 (SB 550), which aim to allocate up to 10% of public funds to BTC, were closed on Saturday.
Galaxy Digital Holdings Ltd., a leading digital asset fund manager under the leadership of CEO and founder Mike Novogratz, said on Wednesday that it intends to list on the Nasdaq Global Select Market on May 16.
XRP trades around $2.21 on Thursday following the Chicago Mercantile Exchange (CME) Group's announcement that it is planning to launch a futures product for the remittance-based token on May 19.