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Sanctioned Russian Bank Tests In-app Operations With Digital Rubles


A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...

Powers On… Insider trading with crypto is targeted — Finally!


Powers On... is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches...

LG to Launch Crypto Wallet Wallypto Later This Year


LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software...

Coinbase Cloud Introduces Solana Archival Nodes


Coinbase Cloud has announced the launch of Solana Archival Nodes to empower the community of Solana developers. The launch allows them to examine historical address balances, simulate the blockchain state, and run complex queries. The launch of Solana Archival Nodes follows the launch of dedicated...

CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto


Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s – best performer among the top 100 coins. At 07:32 UTC, CEL is trading for around USD 1.53 and is up 33% in a day...

President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill


The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be returned to Congress to be approved again...

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