Bank of Russia Analyzes Global Trends and Regulatory Approaches to Stablecoins

by Theresa Joy Lacatan | Jul 12, 2024 | Blog News, Crypto News

On 10 July, 2024, the Bank of Russia published an analytical report examining the economic and legal nature of stablecoins, alongside international trends and approaches to their regulation. This report comes as Russia and other countries deliberate on appropriate...

Bank of Italy to Release Comprehensive Guidelines for Implementing EU Crypto Regulations

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

On 9 July, 2024, Bank of Italy Governor Fabio Panetta announced that the central bank will soon release guidelines to facilitate the implementation of the European Union’s Markets in Crypto-Assets Regulation (MiCA). These guidelines aim to ensure the effective...

TON Network Integrates EVM Functionality in Collaboration with Polygon Labs

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

The TON Application Chain (TAC) and Polygon Labs have announced a strategic partnership to integrate Ethereum Virtual Machine (EVM) functionality into the TON ecosystem, significantly enhancing its capacity to support decentralized applications (DApps) across various...

Ethereum ETFs Near Approval as SEC Discussions Progress

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

The long-anticipated approval of spot Ethereum exchange-traded funds (ETFs) in the United States appears imminent, with several recent developments indicating that these investment products could launch as early as this month. On 8 July, 2024, Katherine Dowling, chief...

Paxful Co-Founder Artur Schaback Pleads Guilty to Money Laundering Conspiracy

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

On 8 July, 2024, Artur Schaback, co-founder and former chief technology officer of Paxful Inc., pleaded guilty to conspiracy to operate a crypto exchange platform without effective anti-money laundering (AML) policies. Schaback, 36, from Tallinn, Estonia, admitted to...

DigitalX Receives Regulatory Approval to Launch Bitcoin ETF on ASX, Trading starts July 12

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

According to Bloomberg, Blockchain-focused asset manager DigitalX has secured regulatory approval to launch its spot Bitcoin exchange-traded fund (ETF), making it the second Bitcoin ETF to trade on the Australian Securities Exchange (ASX). The DigitalX Bitcoin ETF,...