Moscow Stock Exchange Drafts Bill to Start Trading Cryptocurrencies
Sergey Shvetsov, chairman of the MOEX, states that the Exchange will enter the digital financial asset market in two formats.
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The Governor of California has Vetoed the Crypto Licensing and Regulation Bill
Key Takeaways: Assembly Bill 2269, a bill to regulate cryptocurrency, is vetoed by California Governor Gavin Newsom. The purpose of the measure was to require the California Department of Financial Protection and Innovation to issue special licenses to cryptocurrency firms…
MEV Gain Drains Users’ ETH Funds Through Fund-Stealing Backdoor
Reportedly, MEVbots' contract had a backdoor that allowed the creators to drain Ether from its users' wallets.
French Bank Launches Digital Asset Service for Asset Managers
Key Takeaways: Societe Generale, the French banking giant, has developed new services for its institutional clients. The services are aimed at institutions looking to capitalize on rising BTC and cryptocurrency demand. Societe Generale, France’s third-largest bank by market capitalization, provided…
Iran will Launch its Crypto-Rial Tomorrow
Key Takeaways: On Thursday, the Central Bank of Iran is reportedly going to begin testing a central bank digital currency. The digital rial is intended to “transform banknotes into a programmable entity,” according to the national bank. The decision to…
Jesse Powell Steps Down as Kraken CEO
Key Takeaways: Kraken’s co-founder Jesse Powell intends to leave his position as CEO. Chief Operating Officer of the exchange Dave Ripley will succeed Powell in that position. Kraken, a cryptocurrency exchange, announced on Wednesday that Chief Operating Officer Dave Ripley…
Coinbase Gets Approval to Operate in the Netherlands
The registration allows Coinbase to offer a full suite of retail, institutional, and ecosystem products to customers in the Netherlands.Â
Nasdaq Will Begin Offering Crypto Custody Services to Institutional Clients
Key Takeaways: Nasdaq is launching a bitcoin custody service in an effort to capitalize on institutional cryptocurrency investors’ desire. The exchange declared that it is willing to collaborate with businesses that specialize in cryptocurrencies. Nasdaq Inc. has launched a digital…
New U.S. Draft Bill Could Potentially Ban Algorithmic Stablecoins
The legislation would criminalize the creation or issuance of new "endogenously collateralized stablecoins."
Court asks Tether to Produce Documents Supporting USDT Backing
Tether asked to produce "undoubtedly important" documents relating to the assessment of USDT's backing with US dollars.Â
