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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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XRP Lawyer Reveals Crypto Mount Rushmore List: Ripple Executives Join Satoshi Nakamoto

A pro-XRP lawyer says Ripple executives can have their faces on crypto Mount Rushmore alongside Satoshi Nakamoto for their innovations.

Highlights:

šŸ”¹ļøJohn Deaton argues that two Ripple executives will make the cut for a crypto Mount Rushmore.

šŸ”¹ļøThe XRP advocate puts Satoshi Nakamoto at the top of the list and Vitalik Buterin.

šŸ”¹ļøRipple co-founder Jed McCaleb and Ripple CTO David Schwartz are tipped to make the list.

Pro-XRP lawyer John Deaton has tapped two Ripple executives to join an exclusive list of crypto all-time greats. The XRP supporter argues that Ripple’s co-founder, Jed McCaleb, and company CTO, David Schwartz, can sit alongside Satoshi Nakamoto on Crypto Mount Rushmore.

Ripple Executives To Rank Alongside Satoshi and Buterin On Crypto Mount Rushmore
In an X post, John Deaton unveiled his picks for a Crypto Mount Rushmore, placing anonymous Bitcoin creator Satoshi Nakamoto at the top. Beneath Satoshi’s blank face, the pro XRP lawyer reels out potential candidates to make the cut for a Crypto Mount Rushmore based on their contributions to the cryptoverse.

Deaton taps Ethereum co-founder Vitalik Buterin to make the exclusive list for introducing smart contracts and decentralized applications. Deaton says Buterin’s inclusion into the list is a ā€œno-brainerā€ given his pioneering status in the ecosystem.

The lawyer tips Ripple co-founder Jed McCaleb to make the cut, citing his contributions in creating XRP and the XRP Ledger. McCaleb previously served as Ripple CTO but left to create Stellar (XLM), which Deaton stamps his inclusion in the list.

He adds that current Ripple CTO David Schwartz is a keen candidate to join Crypto Mount Rushmore. He cites his work in creating the XRP Ledger and an early patent predating blockchain technology, laying the foundation for the industry.

Schwartz is holding the reins as XRPL unveils a batch upgrade to challenge the dominance of Ethereum and Solana.

Coinbase Founder And Cardano Founder Are In The Race

John Deaton namechecked an expansive list of potential candidates to join Crypto Mount Rushmore. Coinbase CEO Brian Armstrong is in the running to join the list with Binance founder Changpeng Zhao.

Furthermore, Deaton mentions current Ripple CEO Brad Garlinghouse for his role in launching the RLUSD stablecoin. He says the Hidden Road acquisition and potential Circle acquisition as a needle-mover for his inclusion.

Similarly, he mentions crypto executives like Tether CEO Paolo Ardoino, Kraken CEO Jesse Powell, and Custodia Bank founder Caitlin Long.

Furthermore, Strategy CEO Michael Saylor makes the cut for leading the first public company to adopt Bitcoin as a reserve. Saylor’s Strategy holds 576,230 BTC after its latest purchase of 7,390 BTC for $764 million.

On the more technical side, the XRP lawyer says Cardano founder Charles Hoskinson, Litecoin founder Charlie Lee, and Chainlink founder Sergey Nazarov are in the race to join Ripple executives on Crypto Mount Rushmore. Others include Bit Gold founder Nick Szabo, Hal Finney, and Gavin Andresen for their role in Bitcoin’s early years.

However, John Deaton adds that separating Bitcoin and crypto pioneers may be the best course for a Crypto Mount Rushmore

ā€œIt makes sense to have two separate Mount Rushmores – a Bitcoin Mount Rushmore and a Crypto Mount Rushmore.ā€

https://coingape.com/xrp-lawyer-reveals-crypto-mount-rushmore-list-ripple-executives-join-satoshi-nakamoto/

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Pyth: New 1ms Price Oracle šŸ‘€ Direct From Sources, Not 3rd Parties Like Chainlink

Your trades don’t suck. Your data does.

The next wave of finance doesn’t begin with a new app or token. It begins with equal access to the most crucial input: price.

Same mission. New look. Pyth Network. Bringing the price of everything, everywhere.

00:00:16
Enhancing Security for the XDC Ecosystem with SecureDApp šŸ”

We’re thrilled to announce our collaboration with SecureDApp, empowering projects on the XDC Network with enterprise-grade security solutions and exclusive benefits:

  • Solidity Shield Audit – Get 24% off (use code: OMRXCWRBA7Q9 – limited-time offer)

  • SecureWatch – 60-day FREE trial for runtime protection of dApps

  • SecureX-ID – 15% off decentralized KYC/AML solutions to ensure compliant DeFi operations

This partnership reinforces our commitment to providing secure, scalable, and regulatory-compliant infrastructure for builders in the XDC ecosystem.

šŸ”— For more details visit: www.securedapp.io

00:00:19
LIVE – Season 1 Airdrop Claim! šŸŖ‚

25% of your allocation is claimable today. The remaining 75% vested NFT and @Paint_swap order book will soon follow.

šŸŖ‚ airdrop.paintswap.io

00:00:23
šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

The future of Crypto x AI is about to go crazy.

šŸ‘‰ Here’s what you need to know:

šŸ’  'Based Agent' enables creation of custom AI agents
šŸ’  Users set up personalized agents in < 3 minutes
šŸ’  Equipped w/ crypto wallet and on-chain functions
šŸ’  Capable of completing trades, swaps, and staking
šŸ’  Integrates with Coinbase’s SDK, OpenAI, & Replit

šŸ‘‰ What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto šŸ‘‰txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

šŸ”„ šŸšØšŸ›¢šŸ›¢šŸ›¢šŸšØ šŸ”„

šŸ„‚ Congratulations šŸ„‚

@Theta_Network has been
Granted patent #20250232187
Modular Large Language Model (LLM) Guided Tree-of-Thought System

IMHO The Granddaddy
Of them all šŸ”„šŸ›¢šŸ”„šŸ›¢šŸ”„

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MUFG Tokenizes Osaka High-Rise for Retail Investors! šŸ™ļøšŸ’ø

🌟 Big move in Japan’s crypto scene! MUFG, Japan’s largest bank, is tokenizing a Ā„100B+ Osaka high-rise to offer digital securities to retail and institutional investors. This bold step pushes real estate tokenization into the mainstream! šŸ 

šŸ”‘Key Points

šŸ’Ž Massive Acquisition: MUFG’s trust division acquired a high-rise in Osaka for over Ā„100B ($681M) to tokenize as digital securities.

šŸ’Ž Retail & Institutional Access: Tokens will be sold to retail investors and as a private REšŸ  Key Points to life insurers, broadening investment opportunities.

šŸ’Ž Japan’s Tokenization Trend: Unlike Europe’s focus on digital bonds, Japan leads in tokenized real estate, with 63 issuances worth Ā„194B ($1.3B) since 2021.

šŸ’Ž Nascent Market: The Osaka Digital Exchange’s START marketplace lists six real estate tokens, with a modest Ā„23M ($157K) monthly trading volume.

šŸ’Ž Competitive Landscape: Mitsui Digital ...

Banking Giants Push Back on Crypto Trust Charters! šŸšØšŸ¦

🌟 Major drama in the crypto-banking world! Five US banking associations, led by the American Bankers Association, are urging the OCC to hit pause on trust bank charter applications from crypto firms Circle, Fidelity, Ripple, and Protego Trust. They claim these applications lack transparency and could be a sneaky way to gain national bank status. Here’s the lowdown! šŸ§ šŸ’ø

šŸ”‘ Key Points

šŸ’Ž Transparency Issues: The banking groups argue that 90% of Circle and Ripple’s applications are redacted, leaving insufficient info for public review, unlike traditional bank applications.

šŸ’Ž Backdoor Concerns: They fear these crypto firms are using trust charters as a loophole to access national bank benefits without full regulatory oversight.

šŸ’Ž Fiduciary Mismatch: The associations claim crypto custody and stablecoin reserve management (core to Circle’s USDC and Ripple’s RLUSD) don’t qualify as ...

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Musk Turns On Starlink to Save Iranians from Regime’s Internet Crackdown

Elon Musk, the world’s richest man and a visionary behind SpaceX, has flipped the switch on Starlink, delivering internet to Iranians amid a brutal regime crackdown.

This move comes on the heels of Israeli strikes targeting Iran’s nuclear facilities, as the Islamic Republic cuts off online access.

The former Department of Government Efficiency chief activated Starlink satellite internet service for Iranians on Saturday following the Islamic Republic's decision to impose nationwide internet restrictions.

As the Jerusalem PostĀ reports, that the Islamic Republic’s Communications Ministry announced the move, stating, "In view of the special conditions of the country, temporary restrictions have been imposed on the country’s internet."

This action followed a series of Israeli attacks on Iranian targets.

Starlink, a SpaceX-developed satellite constellation, provides high-speed internet to regions with limited connectivity, such as remote areas or conflict zones.

Elizabeth MacDonald, a Fox News contributor, highlighted its impact, noting, "Elon Musk turning on Starlink for Iran in 2022 was a game changer. Starlink connects directly to SpaceX satellites, bypassing Iran’s ground infrastructure. That means even during government-imposed shutdowns or censorship, users can still get online, and reportedly more than 100,000 inside Iran are doing that."

During the 2022 "Woman, Life, Freedom" protests, Starlink enabled Iranians to communicate and share footage globally despite network blackouts," she added.

MacDonald also mentioned ongoing tests of "direct-to-cell" capabilities, which could allow smartphone connections without a dish, potentially expanding access and supporting free expression and protest coordination.

Musk confirmed the activation, noting on Saturday, "The beams are on."

This follows the regime’s internet shutdowns, which were triggered by Israeli military actions.

Adding to the tension, Israeli Prime Minister Benjamin Netanyahu addressed the Iranian people on Friday, urging resistance against the regime.

"Israel's fight is not against the Iranian people. Our fight is against the murderous Islamic regime that oppresses and impoverishes you,ā€ he said.

Meanwhile, Reza Pahlavi, the exiled son of Iran’s last monarch,Ā called onĀ military and security forces to abandon the regime, accusing Supreme Leader Ayatollah Ali Khamenei in a Persian-language social mediaĀ postĀ of forcing Iranians into an unwanted war.

Starlink has been a beacon in other crises. Beyond Iran, Musk has leveraged Starlink to assist people during natural disasters and conflicts.

In the wake of hurricanes and earthquakes, Starlink has provided critical internet access to affected communities, enabling emergency communications and coordination.

Similarly, during the Ukraine-Russia conflict, Musk activated Starlink to support Ukrainian forces and civilians, ensuring they could maintain contact and access vital information under dire circumstances.

The genius entrepreneur, is throwing a lifeline to the oppressed in Iran, and the libs can’t stand it.

Conservative talk show host Mark Levin praised Musk’s action,Ā repostingĀ a message stating that Starlink would "reconnect the Iranian people with the internet and put the final nail in the coffin of the Iranian regime."

"God bless you, Elon. The Starlink beams are on in Iran!" LevinĀ wrote.

Musk, who recently stepped down from leading the DOGE in the Trump administration, has apologized to President Trump for past criticisms, including his stance on the One Big Beautiful Bill.

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If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ Crypto Michael ⚔ Ā The Dinarian

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GENIUS Act lets State banks conduct some business nationwide. Regulators object

The Senate passed the GENIUS Act for stablecoins last week, but significant work remains before it becomes law. The House has a different bill, the STABLE Act, with notable differences that must be reconciled. State banking regulators have raised strong objections to a provision in the GENIUS Act that would allow state banks to operate nationwide without authorization from host states or a federal regulator.

The controversial clause permits a state bank with a regulated stablecoin subsidiary to provide money transmitter and custodial services in any other state. While host states can impose consumer protection laws, they cannot require the usual authorization and oversight typically needed for out-of-state banking operations.

The Conference of State Bank Supervisors welcomed some changes in the GENIUS Act but remains adamantly opposed to this particular provision. In a statement, CSBS said:

ā€œCritical changes must be made during House consideration of the legislation to prevent unintended consequences and further mitigate financial stability risks. CSBS remains concerned with the dramatic and unsupported expansion of the authority of uninsured banks to conduct money transmission or custody activities nationwide without the approval or oversight of host state supervisors (Sec. 16(d)).ā€

The National Conference of State Legislatures expressed similar concerns in early June, stating:

ā€œWe urge you to oppose Section 16(d) and support state authority to regulate financial services in a manner that reflects local conditions, priorities and risk tolerances. Preserving the dual banking system and respecting state autonomy is essential to the safety, soundness and diversity of our nation’s financial sector.ā€

Evolution of nationwide authorization

Section 16 addresses several issues beyond stablecoins, including preventing a recurrence of the SEC’s SAB 121, which forced crypto assets held in custody onto balance sheets. However, the nationwide authorization subsection was added after the legislation cleared the Senate Banking Committee, with two significant modifications since then.

Originally, the provision applied only to special bank charters like Wyoming’s Special Purpose Depository Institutions or Connecticut’s Innovation Banks. Examples include crypto-focused Custodia Bank and crypto exchange Kraken in Wyoming, plus traditional finance player Fnality US in Connecticut. Recently the scope was expanded to cover most state chartered banks with stablecoin subsidiaries, possibly due to concerns about competitive advantages.

Simultaneously, the clause was substantially tightened. The initial version allowed state chartered banks to provide money transmission and custody services nationwide for any type of asset, which would include cryptocurrencies. Now these activities can only be conducted by the stablecoin subsidiary, and while Section 16(d) doesn’t explicitly limit services to stablecoins, the GENIUS Act currently restricts issuers to stablecoin related activities.

However, the House STABLE Act takes a more permissive approach, allowing regulators to decide which non-stablecoin activities are permitted. If the House version prevails in reconciliation, it could result in a significant expansion of allowed nationwide banking activities beyond stablecoins.

Is it that bad?

As originally drafted, the clause seemed overly permissive.

The amended clause makes sense for stablecoin issuers. They want to have a single regulator and be able to provide the stablecoin services throughout the United States. But it also leans into the perception outside of crypto that this is just another form of regulatory arbitrage.

The controversy over Section 16(d) reflects concerns about creating a regulatory gap that allows banks to operate interstate without the oversight typically required from either federal or state authorities. As the two Congressional chambers work toward reconciliation, lawmakers must decide whether stablecoin legislation should include provisions that effectively reduce traditional banking oversight requirements.

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šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ Crypto Michael ⚔ Ā The Dinarian

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Dubai regulator VARA classifies RWA issuance as licensed activity
Virtual Asset Regulatory Authority (VARA) leads global regulatory framework - makes RWA issuance licensed activity in Dubai.

Real-world assets (RWAs) issuance is now licensed activity in Dubai.

~ Actual law.
~ Not a legal gray zone.
~ Not a whitepaper fantasy.

RWA issuance and listing on secondary markets is defined under binding crypto regulation.

It’s execution by Dubai.

Irina HeaverĀ explained:

ā€œRWA issuance is no longer theoretical. It’s now a regulatory reality.ā€

VARA defined:

- RWAs are classified as Asset-Referenced Virtual Assets (ARVAs)

- Secondary market trading is permitted under VARA license

- Issuers need capital, audits, and legal disclosures

- Regulated broker-dealers and exchanges can now onboard and trade them

This closes the gap that killed STOs in 2018.

No more tokenization without venues.
No more assets without liquidity.

UAE is doing what Switzerland, Singapore, and Europe still haven’t:

Creating enforceable frameworks for RWA tokenization that actually work.

Matthew White, CEO of VARA, said it perfectly:

ā€œTokenization will redefine global finance in 2025.ā€

He’s not exaggerating.

$500B+ market predicted next year.

And the UAE just gave it legal rails.

~Real estate.
~Private credit.
~Shariah-compliant products.

Everything is in play.

This is how you turn hype into infrastructure.

What Dubai is doing now is 3 years ahead of everyone else.

Founders, investors, ecosystem builders:

You want to build real-world assets onchain.

Don’t waste another year waiting for clarity.

Come to Dubai.

It’s already here.

Ā 

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šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ Crypto Michael ⚔ Ā The Dinarian

Ā 

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