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Russian Government Approves Plan to Regulate Cryptocurrency


The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...

Position Exchange: Crypto Bonds Powered by Smart Contracts


PRESS RELEASE. Position Exchange is pleased to announce the release of its Bonds feature. Dive deeper into this game changing DeFi product. What is a Bond? A bond is a fixed-income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond...

NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes


The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose...

Crypto Tops Investor Threats for US Securities Regulators


U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products may be nothing more than public facing fronts for Ponzi schemes...

SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff


The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to Chairman Gary Gensler’s executive staff. Among them is Corey Frayer, who advises Gensler on “SEC policymaking and interagency work relating to the oversight of crypto assets.” SEC Has...

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