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**Cryptocurrency**

– **Bank of England Calms Crypto Market Fears, Says Stablecoin Limits Are “Temporary”**
The Bank of England has reassured the market by stating that the limits on stablecoins are only temporary, helping to ease concerns within the crypto community.

– **Ripple Makes $1B Bet on Corporate Treasury Payments With GTreasury Acquisition Deal**
Ripple has announced a $1 billion investment to enhance corporate treasury payments through its acquisition of GTreasury, aiming to expand its footprint in the financial services sector.

– **Ripple Secures First Major Crypto Custody Partnership in South Africa with Absa Bank**
In a significant move, Ripple has partnered with Absa Bank to provide crypto custody services in South Africa, marking its first major collaboration in the region.

– **India’s Retail Crypto Market Draws Coinbase Investment in CoinDCX**
Coinbase has invested in CoinDCX, highlighting the growing potential of India’s retail cryptocurrency market and signaling increased involvement from global players.
https://www.financemagnates.com/cryptocurrency/chinese-tech-giants-halt-stablecoin-plans-after-regulatory-push-report/