According to U.Today, the SEC is preparing for a potential federal government shutdown, focusing on essential functions like market integrity and investor protection. Nonessential operations will be suspended, but the EDGAR database will remain operational. Meanwhile, a significant sell-off occurred in the Shiba Inu market as a whale liquidated 250 billion SHIB, valued at $6.05 million, raising concerns about market volatility. The whale still holds 2.15 trillion SHIB, worth $52.18 million. Additionally, Ripple has minted over 10 million RLUSD stablecoins following its recent launch, with transfers including 1.5 million RLUSD to Uphold. Ripple President Monica Long highlighted the stablecoin market's growth potential, emphasizing RLUSD's focus on regulatory compliance and utility.
SEC Prepares for Shutdown; SHIB Whale Sells $6.05M; Ripple Mints 10M RLUSD
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