Decentral Block Post

Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021.

The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate.

OIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — especially related to the use of inventory spreadsheets.

The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be a legally recognized financial asset for investments and other uses.

A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”

The CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion.

Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario.

“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.

Podcaster and Bitcoin educator Natalie Brunell believes the current market turmoil could lead to regulation favoring Bitcoin over alts.

Terraform Labs employees have reportedly been prohibited from exiting South Korea as investigations by prosecutors continue.

Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst.

As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market.

With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries.

The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as a result of the depegging of stablecoins.

“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors,” said the Fed report.

The senators seek comments from industry stakeholders, consumers and interested parties.

“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colombia.