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Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions

Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes…

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Circle Chooses BNY Mellon to Custody USDC Reserves

Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin…

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Wisdomtree Launches 3 Crypto ETPs Offering Exposure to Solana, Cardano, Polkadot

On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the…

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81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade

As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence.…

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Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation

On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The…

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Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’

On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the…

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Russian Law Requires Election Candidates to Disclose Their Crypto Assets

The Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and…

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The Number of SHIB Holders Shudders in 3 Days, Shiba Inu Slid 17% in Value Last Month

While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact…

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Bank of Russia Allows Sberbank to Issue Digital Financial Assets

Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine,…

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Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds

As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share…

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