Russia’s central bank proposed a framework to legalize cryptocurrency trading for individuals and institutions, allowing purchases up to 300,000 rubles annually with risk assessments. #Update #Crypto $BTC $ETH
@Kalshi raises over $300M at a $5B valuation, expanding prediction markets to 140 countries and projecting $50B in annual trading volume amid regulatory scrutiny. #Update #Crypto $BTC
The U.S. SEC allows crypto custody at state-chartered trust companies, easing compliance for firms like @Coinbase and @Kraken, amid ongoing regulatory discussions. #Update #Crypto $BTC $ETH
The U.S. Treasury Department is seeking public input on the GENIUS Act’s stablecoin regulations until October 20, focusing on compliance and oversight issues. #Update #Crypto $USDC
@Tether_to CEO Paolo Ardoino confirms focus on foreign markets as US stablecoin regulation progresses, citing compliance with the Genius Act. Tether stopped serving US customers in 2018. #Update #Legal $USDT (0) →
In a significant bipartisan effort, eight U.S. House Democrats, including Reps. Wiley Nickel and Yadira Caraveo, are advocating for a bill to regulate the burgeoning digital asset markets, aiming to create a safer, more transparent cryptocurrency sector—a crucial move towards comprehensive cryptocurrency regulation in the U.S.
