Home Ripple Labs Commits $25 mn To Support Crypto Fairshake PAC

Ripple Labs Commits $25 mn To Support Crypto Fairshake PAC

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Digital Currency
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By Shikha Singh

Ripple Labs Commits $25 mn To Support Crypto Fairshake PAC.

Ripple Labs has pledged $25 million to Fairshake, a super PAC supporting pro-crypto candidates, marking its third contribution to the committee.

Ripple’s CEO, Brad Garlinghouse, emphasized the company’s ongoing support for Fairshake, which advocates for clear crypto regulation to boost the US blockchain economy.

Fairshake has raised $103 million for the 2026 midterm elections, with major contributions from Ripple, Coinbase, and others.

Ripple’s involvement with Fairshake highlights its efforts to influence US crypto policy amid ongoing regulatory challenges, particularly its legal battle with the SEC.

Japanese Energy Giant Remixpoint Invests $3.2 mn in Bitcoin Amid Yen’s Decline.

Since September 16, the Japanese Yen has dropped by over 7.15% against the US dollar, negatively impacting many Japanese companies.

In response, Remixpoint, a Japanese energy and automotive firm, has announced a plan to invest over 500 million yen ($3.2 million) in Bitcoin, positioning it as a hedge against the Yen’s depreciation.

This follows a previous investment of $5.3 million in various cryptocurrencies, including Bitcoin, Ethereum, Solana, and XRP, which has yielded unrealized gains.

Remixpoint’s strategy to reduce reliance on Yen-denominated holdings may inspire other Japanese companies to consider cryptocurrencies as a safeguard against currency fluctuations.

$7.13 tn Charles Schwab Ready to Go Big on Crypto.

After achieving regulatory clarity, Charles Schwab, a major asset management firm with $7.13 trillion in assets, is preparing to enter the crypto market. The firm is responding to growing client demand for crypto-related products.

Charles Schwab’s incoming CEO, Rick Wurster, aims to “Schwabize the crypto market” by eliminating spreads and commissions, offering a better deal to clients.

While details are scarce, Schwab is exploring ways to integrate crypto into its offerings, potentially including spot Bitcoin ETFs.

This move comes as institutional firms are increasingly entering the crypto space through ETFs and other vehicles.

UAE Travelers on EasyMyTrip Can Purchase Carbon Credits with Blockchain BNZ Green Platform.

EaseMyTrip, a UAE-based online travel platform, has partnered with BNZ Green, a sustainable technology provider, to promote eco-friendly travel. This collaboration integrates BNZ Green’s blockchain-based carbon offset program into EaseMyTrip’s platform, allowing travelers to purchase carbon credits, track their flight’s carbon footprint, and receive certificates stored on a secure blockchain. The initiative aims to create responsible, environmentally-conscious travelers. BNZ Green’s platform, BNZ X, uses blockchain to manage and trade climate commodities like carbon credits and renewable energy certificates. 

Yellow Card Partners With Onramper To Improve Crypto Onboarding.

Onramper has partnered with Yellow Card, a leading stablecoin on- and off-ramp service in Africa, to enhance fiat-to-crypto onboarding across the continent.

This collaboration will integrate Yellow Card’s services into Onramper’s platform, enabling users in 20 African countries to buy and sell stablecoins like USDT, USDC, and PYUSD using local payment methods, including mobile money, bank transfers, and peer-to-peer transfers.

The partnership is particularly beneficial for Nigeria, which ranks highly in crypto adoption. Onramper’s expansion with Yellow Card supports financial inclusion and improves access to cryptocurrencies for users in Africa and beyond.

Hoskinson Details RWA Integration with Cardano’s Midnight Upgrade.

Cardano founder Charles Hoskinson announced that the blockchain is evolving into a multi-chain, multi-actor network, with the upcoming Midnight upgrade enabling Real World Assets (RWAs) through private smart contracts.

Additionally, he introduced Cardano-wrapped Bitcoin, a feature that enhances blockchain interoperability by enabling the transfer of Bitcoin to Cardano and its use in smart contracts.

The Midnight upgrade will automate KYC and AML compliance while supporting regulatory standards.

Meanwhile, developments in Cardano’s role in government solutions and its collaboration with Ripple for DeFi integration have driven demand for Cardano’s native token, ADA, to over $1.1 for the first time since April 2022.

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