Crypto News Digest by U.Today

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This weekend brought noteworthy developments in the cryptocurrency world, highlighted by four key news stories.

Ferrari Accepts Cryptocurrency Payments for Cars

As reported on October 14, Ferrari has now enabled customers to purchase its luxury vehicles using cryptocurrencies. Customers can utilize Bitcoin (BTC), Ethereum (ETH), XRP, and various other digital assets accepted through BitPay, the payment processor chosen by Ferrari. The company assures that there will be no changes in pricing, fees, or surcharges for those opting to pay with cryptocurrency. Currently, this payment option is only available to customers in the United States, with plans to evaluate expansion into the European market based on demand from affluent clients abroad.

XRPL Tokenization Timeline Shared by CTO David Schwartz

On October 13, the Flip The Chain team released a video featuring Ripple’s Chief Technology Officer (CTO), David Schwartz, discussing the XRP Ledger as an optimal platform for launching tokenized real-world assets (RWAs). Schwartz highlighted low transaction fees and ease of integration with on-chain exchange mechanisms as the primary advantages. He stressed that the decentralized exchanges (DEXes) on XRPL will facilitate interaction—buying, selling, storing, and transferring—with RWAs. Schwartz estimates that RWA tokenization projects could be launched on the XRP Ledger within the next year or year and a half.

Mysterious Tweet from Shytoshi Kusama for the SHIB Community

Shytoshi Kusama, the lead for the SHIB project, recently shared an intriguing tweet featuring lyrics from Taylor Swift’s song "Bad Blood." This post may hint at potential collaborations with the Bad Idea AI (BAD) team related to projects involving SHIB. Alternatively, it could reference a pop culture tie-in, as a recent announcement revealed that crypto enthusiasts can use SHIB, DOGE, XRP, and other cryptocurrencies to purchase tickets for an upcoming movie about Taylor Swift’s Eras Tour.

Ripple’s Inclusion in Hong Kong’s Leading Crypto Index

Ripple has achieved another significant milestone by being included in the Cryptocurrency Global Large Top5 Index and Equal Weight Index of the Hong Kong Virtual Asset Consortium (HKVAC), securing a 6.94% share. Only Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) hold larger shares at 15% each. This elevated status for XRP can be attributed to Ripple’s recent legal victory against the SEC, which affirmed the non-security status of XRP in a landmark ruling.

This article captures the key events without referencing any domain URLs.