Auto Added by WPeMatico

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject…

Continue ReadingRussian State Duma Adopts Law Banning Payments With Digital Financial Assets

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a…

Continue ReadingBlockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals

After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order…

Continue ReadingTSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals

Financial Companies Report First Deal With Digital Assets Under Russian Law

Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third…

Continue ReadingFinancial Companies Report First Deal With Digital Assets Under Russian Law

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according…

Continue ReadingCrypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor…

Continue ReadingBill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds

According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a…

Continue ReadingThree Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds

Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?

Airdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike. Is there a way around this?

Continue ReadingNonfungible airdrops: Could NFA become the next big acronym in the crypto space?

Russia to Trial Digital Ruble Settlements for Real Estate Deals

The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with…

Continue ReadingRussia to Trial Digital Ruble Settlements for Real Estate Deals

Sberbank to Conduct First Digital Asset Transaction on Own Platform

Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The…

Continue ReadingSberbank to Conduct First Digital Asset Transaction on Own Platform