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Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto Assets


Researchers in Moscow are developing a new service that will allow users to transfer digital data to their heirs, including crypto keys. The Russian “time capsule” will be capable of storing and relaying other private information as well such as a record of the whereabouts of valuable...

Goldman Sachs Files Defi ETF Application


Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...

Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges


Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...

Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing


A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false...

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own Bitcoin


Young U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest 6% of American investors own bitcoin. American Bitcoin...

Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors


Javier Biosca, a man accused of masterminding a Spanish crypto-themed fraud project believed to be worth over USD 330m, has appeared before a court to deny that he intended to cheat investors out of their funds. He also claimed he would be able to “fix the situation” for investors currently unable...

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments


In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies....

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