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Russian Banking Association Launches ‘Digital Assets Council’
1.2.2024
Russia’s biggest securities and banking association has launched a “council” for the self-regulation of “digital assets.” Per RBC and an official National Association of Stock Market Participants (NAUFOR) announcement, the NAUFOR’s Board of Directors created the council on January 30. NAUFOR is...
Russian Economist: ‘US Sanctions Will Undermine Dollar and Boost Digital Ruble’
29.1.2024
A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy – and help the cross-border adoption of the digital ruble. Per News.ru, the comments came from Alexander Razuvaev, a member of the supervisory board of the Guild...
Crypto Lender Abra to Return Assets to Texas Investors
25.1.2024
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors. Abra Agrees to Refund Texas Investors in Settlement Over Crypto Offerings...
FSB Reveals 2024 Roadmap for Crypto Regulations and Cross-Border Payments
25.1.2024
The Financial Stability Board (FSB) has released its 2024 roadmap with plans to steer crypto regulations, cross-border payments, and broader issues in global finance. The international financial body created by the G20 revealed its plans for the current year. The main focus revolves around...
Crypto Lender Abra Settles Lawsuit, Will Reopen Customer Withdrawals
24.1.2024
Crypto lender Abra has reached a tentative settlement with the Texas State Securities Board. According to a document published January 22nd, Abra has agreed to reimburse the assets invested by the state’s residents. The document highlights that Abra has begun winding down its U.S. retail...
Magic Eden Rewards, Treeverse, and Immutable – Top NFT News Today – 24 January
24.1.2024
The market for non-fungible tokens (NFTs) is not having the best of days, with significant drops across the board making the NFT news rounds today. Over the past 24 hours, the sales volume has dropped by nearly 20%. At the time of writing, it’s standing at $29,981,386. As we’ll see below,...
Metallicus Introduces New Metal Blockchain Banking Innovation Program
23.1.2024
  From the start, Metallicus has operated with a vision that the future of crypto is secure and compliant. With a dynamic advisory board made up of diverse leaders from the blockchain, cryptocurrency, and traditional banking worlds, they have steadily worked to advance their strategy to build...
Texas Securities Board Orders Crypto Lender Abra to Return Assets to Investors
23.1.2024
Source: Pixabay Crypto lender Abra has reached an agreement with the Texas State Securities Board to return customers’ frozen funds. The ruling comes after the authority filed an emergency cease and desist order and accused the company of securities fraud. Per the settlement agreement published...
Russia’s Nornickel Using ‘Digital Assets’ to Pay Employee Dividends
22.1.2024
Source: Alex J/Adobe The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.” The firm’s board of directors has approved a program that will see employees receive around $10.40 per share. And, according to...
VanEck Plans To Close and Liquidate its Bitcoin Futures ETF “XBTF”
17.1.2024
Asset management firm VanEck will close and liquidate its Bitcoin futures ETF “XBTF,” less than two years after its initial launch. In an announcement posted on January 17th, VanEck announced that its board of trustees had approved the liquidation. The company will now liquidate...
UK's Biggest Gaming Store Rumored To End Trade-Ins
15.1.2024
Staff from the UK’s biggest video game retailer, GAME, have told Eurogamer the retailer is to stop accepting trade-ins. Which, if true, is the end of an era.Read more
Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks
13.1.2024
Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...
ECB Member Isabel Schnabel: Bitcoin Is ‘Speculative,’ ‘Unlikely’ to Be Purchased by the Bank
12.1.2024
Isabel Schnabel, member of the European Central Bank (ECB) executive board, has blasted bitcoin’s characteristics, stressing that it is a speculative asset unlike central bank digital currencies (CBDC) like the proposed digital euro. Schnabel stressed it was ‘unlikely’ that...
StarkWare CEO Uri Kolodny Steps Down for Health Reasons, Continues as Board Member
11.1.2024
Source: StarkWare Uri Kolodny, the CEO and co-founder of StarkWare Industries, has stepped down from his role due to family health issues. However, he will remain a board member of StarkWare and Starknet Foundation. Announcing his decision on X, Kolodny appointed Eli Ben-Sasson, the president...
BitMEX Sends Bitcoin to the Actual Moon on Board of Peregrine + More News
5.1.2024
Source: BitMEX Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: BitMEX Sends Bitcoin to the Moon on Board of Peregrine-1 Core Scientific to Settle $34M Claims from 70K Non-Existent Miners...
EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
3.1.2024
The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks
CBOE Predicts Spot Bitcoin ETFs to Draw Investments from Pension Funds and RIA-Based Funds
3.1.2024
Source: Adobe / jirsak The Chicago Board Options Exchange (CBOE) believes the approval of spot Bitcoin (BTC) ETFs will usher in a new wave of institutional investors. In a recent interview on Bloomberg TV, John Palmer, the president of CBOE Digital, said that ETF approval would unlock...
Barry Silbert Resigns as Chairman of Grayscale Investments
26.12.2023
Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing...
Crypto Expert Chosen by Erdogan for Turkey’s Central Bank Board
24.12.2023
Image Source: Pixabay Turkey President Recep Tayyip Erdoğan has appointed professor Fatma Ozkul, an expert in crypto assets and blockchain technology, to the central bank’s rate-setting committee. According to a recent report from Bloomberg, the nomination of Ozkul was announced in a decree...
FDIC’s Sign and Ad Rules Update May Impact Crypto Industry – Here’s How
21.12.2023
Source: AdobeStock / JHVEPhoto The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms. The FDIC announced on December 20 that its board...