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The Russian Central Bank Governor Elvira Nabiullina has doubled down on recent calls to ban crypto, telling lawmakers that traders should face “stricter punishments.” Nabiullina last month said that she wants to “ban settlements made in cryptocurrencies between residents” outside the “experimental legal regime,” a Central Bank-run sandbox. Russian Central Bank: Crypto Must Be Kept…
Key Takeaways: In a striking shift, 60% of Polymarket bettors now predict a 2025 recession—a nine-point jump in just 24 hours—immediately following Trump’s dramatic unveiling of sweeping global tariffs. While the Dow cratered nearly 3,700 points in two days amid tariff panic, Bitcoin bucked the trend, climbing to over $84K—a potential signal of investor flight…
This week saw heightened activity in crypto regulation news as political tensions escalated and lawmakers renewed their focus on digital asset policy. Regulatory developments moved quickly across the digital asset space, with several key actions and proposals reshaping the conversation. Lawmakers Demand SEC Probe Potential Trump Influence in Crypto Enforcement One of this week’s most…
Key Takeaways: CLS Global was penalized for manipulating token trading volumes on decentralized platforms. The FBI now uses fake tokens to catch criminals in crypto markets. Cross-border enforcement cooperation undermines decentralization as a shield against regulators. A U.S. federal court in Boston fined United Arab Emirates (UAE)-based CLS Global $428,000 after the crypto market-making firm…
Web3 banking platform Vaulta (prev. EOS Network) has announced a strategic partnership with Canadian crypto exchange and managing platform VirgoCX Global Holdings to launch the dedicated cross-border remittance network VirgoPay. The new network will use stablecoins to lower transfer fees and transfer times for international wire transfers and payments. Users will be able to add…
Key Takeaways: The Digital Assets and Consumer Protection Act (Senate Bill 1797) would grant the Illinois Department of Financial and Professional Regulation authority to establish crypto guidelines. After passing the Illinois Senate Executive Committee, the bill now heads to the full Senate, with potential progression to the House and Governor’s approval. The bill emerges in…
With Bitcoin holding support above $80,000, the question on every bull’s mind is whether it still has the strength to break past its all-time high from January. But that path has become anything but smooth. President Donald Trump’s tariff storm has rattled global markets, injecting new uncertainty into the macro landscape – and making BTC’s…
A new AI-powered premium content creator platform from SUBBD is setting out to revolutionize the $85 billion creator-subscriber industry by launching its own crypto – the $SUBBD token. The $SUBBD presale has already raised $40,000 from eager investors as it zooms towards its first price stage target of $220,398. As the first AI-integrated crypto creator/subscription…
The global artificial intelligence (AI) market size is projected to grow from $214.6 billion (in 2024) to $1,339.1 billion by 2030, representing a 35.7% compound annual growth rate. Source: MarketsandMarkets While notable, a number of concerns are being raised about AI’s impact on the job market. For example, AI is capable of writing code, leaving…
Key Takeaways: Grayscale shifts its approach by converting the Solana trust into an ETF, offering a regulated, liquid entry point for crypto exposure amid evolving market trends. SEC approval is required before the new structure takes effect. Investors gain regulated access without direct asset handling. The effort mirrors similar steps with other crypto trusts. Broader…