Monday, December 22, 2025
Happy Monday everyone!
Abu Dhabi's Financial Services Regulatory Authority granted Ripple's RLUSD stablecoin formal recognition, while Binance leveraged its ADGM license to democratize ether options trading for retail users. These milestones signal the Middle East's emergence as a forward-thinking regulatory hub where innovation meets oversight. Yet the industry's vulnerabilities remain stark—a $50 million address poisoning scam demonstrated how human error, not code exploits, continues to threaten even cautious users.
Ripple's RLUSD Stablecoin Gains Regulatory Approval In Abu Dhabi Global Market
📰 What is it about?
Ripple's dollar-backed stablecoin RLUSD has received formal recognition as an Accepted Fiat-Referenced Token by Abu Dhabi Global Market's Financial Services Regulatory Authority. Licensed firms can now use the $1.2 billion stablecoin for regulated activities within ADGM's financial system.
💡 Why it matters?
The approval gives Ripple access to a jurisdiction known for strict oversight and bank-friendly digital asset frameworks, positioning RLUSD as settlement infrastructure rather than speculation. Middle Eastern institutions have adopted tokenized payment rails faster than Western counterparts, offering significant expansion opportunities.
🔜 What’s next?
RLUSD joins Ripple's cross-border payment stack, targeting institutional settlement flows across payment corridors and capital markets. The regulatory clarity in ADGM strengthens Ripple's Gulf strategy following recent expansion into Bahrain and partnerships with regional banks like Zand.
Abu Dhabi-Registered Binance Opens Ether Options Writing To Retail Traders
📰 What is it about?
Abu Dhabi-licensed Binance has enabled retail users to write ether options, democratizing a strategy previously limited to professional traders. Users can now sell options contracts against margin collateral to generate income from premiums, following mandatory suitability assessments.
💡 Why it matters?
The move responds to surging institutional and retail demand for crypto derivatives, mirroring explosive growth in BTC and ETH options markets. Binance's recent ADGM global license positions it as a regulated hub offering advanced trading tools that match traditional finance sophistication.
🔜 What’s next?
Binance is rolling out 20% fee discounts for VIP users across ETH, BTC, BNB, and SOL options contracts to drive immediate liquidity. The platform upgrade promises faster execution and richer market data as crypto derivatives continue capturing mainstream institutional interest.
Crypto User Loses $50 Million In Address Poisoning Scam
📰 What is it about?
A crypto user lost $50 million in USDT after falling victim to an address poisoning attack. The scammer created a wallet address matching the victim's intended destination, sent a dust transaction, then watched as the user copied the fraudulent address from transaction history.
💡 Why it matters?
The exploit highlights vulnerabilities in user behavior rather than blockchain technology itself. Address poisoning targets copy-paste habits and partial address verification, making even cautious users who conduct test transactions susceptible to massive losses through simple human error.
🔜 What’s next?
The victim issued an onchain ultimatum demanding 98% of funds returned within 48 hours, offering a $1 million white-hat bounty while threatening legal action. Stolen funds have been swapped to ether and routed through Tornado Cash, complicating recovery efforts.
🔎 From the World of Crypto
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