Sberbank’s Crypto Lending Push Targets Bitcoin, Ethereum and USDT Collateral
Key Takeaways: Sberbank is ready to lodge Bitcoin, Ethereum and USDT to obtain credit. The initiative is reliant on the
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Crypto
BitGo to Acquire NYDIG to Expands Institutional Crypto Platform
Key Takeaways: BitGo has purchased NYDIG’s institutional trading arm and introduced derivatives, financing and structured products to its crypto infrastructure
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Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the US
Key Takeaways Only 14% of global taxable onchain crypto asset activity is estimated to fall within CARF’s scope. DEX activity,
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Crypto Card Adoption Is Accelerating.
Crypto Card Adoption Is Accelerating. What Will It Take for Businesses to Turn Crypto Into Everyday Payments? For years, crypto
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US Treasury Targets Iran Crypto Networks in $100M Sanctions Crackdown on Oil Flows
Key Takeaways: Operation Economic Outcast, U.S. The Treasury’s move against the crypto market in Iran, gains momentum. Under the new
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Banks and Regulators Test Quantum-Safe Crypto Infrastructure Across 3 Regions
Key Takeaways: RFI and Safeheron announced a pilot program on quantum-resistant crypto wallet functionality and transfers. Banks will participate in
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Illinois’ 0.2% Crypto Tax Sparks a Full-Blown Courtroom War
Key Takeaways Blockchain Association sued Aug. 21 to block Illinois’ 0.2% digital asset tax. Illinois’ 0.2% levy could tax trades,
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SEC’s $75M Reg Crypto Plan Could Ignite Token Fundraising on Ethereum, Solana, BNB
Key Takeaways: Regulatory agencies proposed Reg Crypto for clearer guidelines on token fundraising. Grayscale believes there is upside to Ethereum,
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South Korea Ends 1M Won Crypto Travel Rule Limit in Major AML Crackdown
Key Takeaways: The Travel Rule will be adopted by South Korea for all transfers between registered VASPs. Amidst AML controls,
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Crypto Is Making Wallets Easier. It Is Also Making “What Did I Just Sign?” Harder.
Ethereum’s smarter account model can remove some of crypto’s worst friction. But when wallets become programmable, security moves from protecting
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