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Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a YearDigital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to […]

Elon Musk, the world’s richest man, hits record $348B net worth

Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator ClarifiesCryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized Cryptocurrencies […]

Elon Musk, the world’s richest man, hits record $348B net worth

Bulgarian Stock Exchange Launches 8 Crypto ETNs

Bulgarian Stock Exchange Launches 8 Crypto ETNsBulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products. Crypto-Based ETNs Offered to Bulgarian Investors Bulgarian Stock Exchange (BSE) has started trading crypto […]

Elon Musk, the world’s richest man, hits record $348B net worth

Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

Bank of Russia Has Tools to Restrict Crypto Investments, Governor HintsThe Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary […]

Elon Musk, the world’s richest man, hits record $348B net worth

Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says

Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor SaysCentral Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came after the debut of bitcoin ETFs in the U.S. Central Bank of Russia […]

Elon Musk, the world’s richest man, hits record $348B net worth