Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between November 7 and 14, 2025, which is the 10th Fidelis edition in 2025 and the 30th since the relaunch of the Fidelis program in July 2020.
Ripple won’t pursue an IPO after resolving its SEC case despite record growth, major new investors and increasing industry momentum for public listings. Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the Securities and Exchange Commission. Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday. “We’re in a fortunate position where we’ve been able to be very well capitalized and fund all of our organic growth, inorganic growth, strategic partnerships, anything we want to do,“ Long said. Read more
Stablecoins are shifting from crypto-native experiments to instruments embedded in existing banking and payment infrastructure. Traditional finance institutions across the US, Europe and Asia are moving into stablecoins now that regulatory uncertainties are easing. Payment companies like PayPal, Mastercard and Visa are either launching stablecoins, integrating stablecoin settlement into payment systems or building the infrastructure to support them. The race is not limited to corporations but is also developing at the banking level. In early October, a group of major international banks, including Goldman Sachs, Deutsche Bank, Bank of America, BNP Paribas and Citi, formed a consortium to explore issuing a “reserve-backed” digital money on public blockchains. Read more