Sberbank will provide access to crypto trading once regulation and organized exchange trading begin, Senior Vice President Ruslan Vesterovsky said. Sberbank will provide access to crypto trading once regulation and organized exchange trading begin, Senior Vice President and Head of Wealth Management Ruslan Vesterovsky said at the Moscow Exchange forum, according to […]
The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance. What to know: Crypto exchanges are increasingly offering bank-like services such as lending and yield products, but without the protection traditional financial institutions provide, according […]
The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows. What to know: Tether, the crypto company best known for issuing the world’s largest stablecoin, said Thursday it has frozen $344 million worth of […]
Admiral Samuel Paparo, head of US Indo-Pacific Command, told two congressional panels this week that the military is running a live Bitcoin node for cybersecurity testing and views the protocol as a tool of national power in competition with China. What to know: A four-star U.S. Navy admiral has told […]
Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time. Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country’s legal code to attach criminal liability for crypto […]
Demand is emerging fastest in the Global South and cross-border use cases, where cards fail and currencies are unstable, said Adrien Duchâteau, Stripe’s crypto GTM lead. What to know: Global payments giant Stripe is building what it calls the “AWS for money,” and crypto tech is at the center of […]
The push toward digital currency is being framed as innovation and efficiency, but when you strip away the marketing language, what is unfolding is a structural transformation of the financial system that shifts control away from individuals and concentrates it within governments and central banks. The Bank for International Settlements has confirmed that more […]
Tether transferred roughly $70.5 million in Bitcoin into reserves while simultaneously expanding its ecosystem with a new self-custodial wallet. Tether, issuer of the world’s largest stablecoin USDT, moved 951 bitcoin valued at $70.5 million into a reserve wallet linked to its treasury operations, according to on-chain data from blockchain analytics firms including […]
The new regulations revealed by the Financial Conduct Authority include several technical traps which crypto software providers need to watch for to avoid sanctions What to know: The U.K.’s Financial Conduct Authority (FCA) is proposing crypto rules that could quietly expand the definition of custody, potentially sweeping in platforms and […]
The couple argued, according to hotel staff and were separated. Despite confirming Ashly Robinson died by suicide, police said they are still investigating her death. What to know: Joe McCann, founder of crypto investment firm Asymmetric, is being probed by authorities in Tanzania, following the alleged death by suicide of […]