According to Cointelegraph, payment solution company Ripple has clearly stated its intention to apply for a license under the Crypto Asset Market Regulation (MiCA) to expand into the EU market. A Ripple spokesperson stated that the company intends to "comply with MiCA" as it sees "significant opportunities in the European market". This statement was released after Ripple registered Ripple Payments Europe SA in Luxembourg at the end of April. On Tuesday, industry media Ledger Insights reported that Ripple has applied for an electronic currency institution license in Luxembourg. Ripple has neither confirmed nor denied this, only responding that there is currently no update.

According to official announcements, Canadian listed company FRNT Financial Inc is conducting a private placement of CAD 2 million at a price of CAD 0.4 per share to launch a spot Bitcoin reserve program.

OKX-ETH/USDT is currently trading at $3049.10, with a 5-minute increase of 0.57%. Please be aware of market fluctuations.

Odaily Planet Daily News: The Core Foundation has officially launched Rev+, an on chain revenue sharing mechanism at the protocol level, providing continuous incentives for developers, stablecoin issuers, and decentralized organizations. Rev+allows project parties and stablecoin issuers to obtain stable returns from on chain transactions and allocate gas fees based on contributions such as transaction volume and address activity.

Odaily Planet Daily News: GameStop CEO Ryan Cohen stated in an interview with CNBC's financial program that the company will not follow the model of Strategy, but will have its own unique strategy. Currently, GameStop has a very strong balance sheet, over $9 billion in cash and securities, and the previous purchase of 4710 BTC was only intended as a tool to hedge against inflation and global money printing. （CNBC）