Tether’s tokenized gold (XAUT) to be paid out for dividend payments

Elemental Royalty Corporation (ELE) is now offering shareholders something no other public gold company has before: the option to receive dividends in blockchain-based tokens backed by gold. In a move announced Tuesday, the Canada-based royalty company said it will distribute shareholder returns using stablecoin issuer Tether’s tokenized gold, Tether Gold (XAUT). Shareholders choosing this route…

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Stripe’s stablecoin firm Bridge wins initial approval to form national bank trust charter

Bridge, a stablecoin infrastructure firm owned by Stripe, said Tuesday it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to form a national trust bank. The charter would let Bridge National Trust Bank issue stablecoins, custody digital assets and manage reserves under direct federal oversight. It’s the latest…

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Omar presses Centre on J&K statehood as Delhi signals decision ‘soon’ | India News

JAMMU: J&K CM Omar Abdullah voiced a mix of hope and scepticism Tuesday after Union law minister Arjun Meghwal said a decision on restoring statehood to the Union territory would be announced “soon”, citing an assurance by home minister Amit Shah in Parliament.“One-and-a-half years have passed since an elected govt assumed office and we are…

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Haryana STF nabs 2 Pak youths who fled Jammu juvenile home; hunt on for third fugitive | India News

Two Pakistani nationals arrested in Ambala after escaping from Jammu Juvenile Observation home AMBALA/JAMMU: Two Pakistan nationals who fled from a juvenile observation home in Jammu’s RS Pura area Monday were arrested 400km away at Ambala Cantonment railway station by Haryana STF.Mohammad Sana-Ullah, 20, of Jaatala village in Muzaffargarh district of Punjab, Pakistan, and 23-year-old…

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