XRP and Hyperliquid’s HYPE have emerged as notable bright spots amid record outflows from U.S. spot crypto exchange-traded funds (ETFs). XRP-linked ETFs added $59.4 million in June, a third straight month of net inflows, albeit at a slower pace than during the previous two months, according to SoSoValue data. HYPE funds notched up $161 million in net inflows during the month. In contrast, bitcoin BTC$58,650.81 ETFs suffered record outflows of more than $4 billion, ether (ETH) ETFs saw $528.99 million in outflows and solana (SOL) ETFs shed $786,000. The positive flows into both XRP and HYPE funds signal potential for…

The U.K.’s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations.The financial services regulator cut the amount of financial backing that needs to be set aside to 1% of the total value of the stablecoins they issue. It was previously 2%.The change “makes the prudential framework more proportionate for larger issuers while maintaining the robustness of the overall regime,” the FCA said in a new framework document published Tuesday.The proposed requirement is lower than the 2% equivalent stipulation under the European Union’s Markets in Crypto Assets (MiCA)…

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