Coinbase says Coinbase Wallet will no longer support Bitcoin Cash, Ethereum Classic, Ripple XRP, and Stellar due to “low usage”, starting January 2023 (Mat Di Salvo/Decrypt)

Nikhilesh De / CoinDesk:
Coinbase requests to file an amicus brief to support Ripple’s case against the US SEC, which sued Ripple for allegedly selling XRP as an unregistered security  —  The crypto exchange joins a trade group and other groups in arguing the SEC’s case threatens the broader industry.

Andrew Throuvalas / Decrypt:
Anchorage Digital plans to custody a “significant portion” of Apollo Global’s crypto portfolio and offer crypto custody services to Apollo’s clients  —  The private equity giant that manages half a trillion dollars will use Anchorage for institutional crypto custody.

Mat Di Salvo / Decrypt:
European Parliament approves Markets in Crypto Assets bill 28 to 1, which if passed in next vote will limit stablecoin token issuance, regulate mining, and more  —  The Markets in Crypto Assets regulation bill (MiCA) is one step closer to being put into law.

Stacy Elliott / Decrypt:
Coinbase to custody $1.6B worth of MakerDAO’s USDC treasury after MakerDAO community voted 75% in favor; a pilot will run through 2022, with new voting in 2023  —  The MakerDAO pilot will run through the end of 2022 before the community needs to vote on whether to keep its USDC with Coinbase next year.

Frank Chaparro / The Block:
Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets  —  – Nasdaq has been plotting a move into crypto custody, according to several sources.  — The move is in line with its broader mission …

Mat Di Salvo / Decrypt:
NEAR Protocol’s stablecoin USN, launched in April 2022, is shutting down to “safeguard USN holders” after it exhibited risky characteristics similar to TerraUSD  —  To avoid another LUNA debacle, the undercollateralized USN will be phased out.  —  NEAR Protocol’s stablecoin …