Author: 行政
Russia opens digital ruble access to customers of connected banks today, Sept. 1, moving the central bank digital currency beyond restricted pilot access as major banks and the first covered retailers activate payment infrastructure. Related ReadingRussia delays digital ruble CBDC launch, extends pilot phase indefinitely The Bank of Russia said on Aug. 31 that individuals will be able to open a digital-ruble wallet through a participating bank’s mobile app. The wallet sits on the central bank’s platform, while commercial banks provide access. Customers will need to confirm that their bank is connected before trying to use the service.Consumer participation remains…
REAL Finance expands $ASSET access to eligible Kraken EU users. $ASSET supports fees, staking, security, and governance on REAL Finance. REAL Finance targets over €3.5 billion in assets for European tokenization. REAL Finance has expanded access to its native $ASSET token in Europe after the token became available to eligible users through Kraken EU. The move gives European participants broader access to the token as REAL Finance continues developing infrastructure for tokenized real-world financial assets. The Sofia, Bulgaria-based company said the expanded availability builds on $ASSET’s existing presence on Kraken and extends access through the exchange’s European Union operations. $ASSET…
Strategy has challenged MSCI’s proposed “non-operating company” screen by tying it to a regulatory argument MSCI made four years ago in a letter shared on Aug. 31.The Bitcoin treasury company says the new methodology requires MSCI to judge whether Bitcoin belongs inside an operating business. That puts MSCI’s 2022 defense to the Securities and Exchange Commission (SEC) at the center of the dispute.MSCI told the agency that index providers “express no opinion or view as to whether any market, company, strategy or investment is good or bad,” a position Strategy says becomes harder to reconcile with a test that classifies…
Switchboard, an oracle provider that supplies price data to DeFi applications, said contributors halted its deployments on Aptos, Sui, IOTA and Movement after reports of a potential Switchboard Move oracle compromise in its Move-language implementations.At least three applications reported losses, freezes or precautionary access restrictions as Switchboard advised users to migrate temporarily to alternatives. The provider said it had not received similar reports about its Solana implementation, but it has not published a root cause or a timetable for restoring the four Move deployments. Related ReadingPyth Network’s API overhaul threatens to freeze unpatched smart contracts across 300 DeFi protocols Switchboard…
KuCoin adds UTA support to its institutional lending program. New API clients face a lower 30-day volume requirement of 10M USDT. Eligible institutions can borrow up to 3M USDT across key products. KuCoin has upgraded its Institutional Interest-Free Lending Program by integrating support for its Unified Trading Account (UTA), as the crypto platform looks to streamline capital management for institutional clients. The upgrade reduces the qualifying external 30-day trading-volume requirement for newly registered API clients from 30 million USDT to 10 million USDT. Eligible clients can also access 0% interest for the first two months without a trading-volume requirement. Under…
Britain is widening its Russia sanctions crackdown from named entities to the payment routes that keep sanctioned networks moving money.On Aug. 31, the National Crime Agency issued its first nationwide industry alert on the A7 network, directing banks, payment providers and crypto firms to examine counterparties, intermediary wallets and cross-border infrastructure linked to Russia-related transactions.Rachael Herbert, Director of the National Economic Crime Centre (NECC) at the National Crime Agency, said:“The National Crime Agency and the National Economic Crime Centre are committed to targeting the nexus between organized crime and sanctions evasion. Last year, our Operation Destabilize targeted and disrupted a…
Russia’s new crypto law took effect Sept. 1, but investors cannot yet access the full market it promises.Federal Law No. 282-FZ gives cryptocurrency a formal place within Russia’s supervised financial system, allowing regulated investment and cross-border use through brokers, exchanges, management companies, digital depositories and organized trading venues.However, the catch is that many of those channels are not ready.The Bank of Russia is still completing rules that will determine which cryptocurrencies ordinary investors can buy, how trading venues calculate prices, and what capital requirements digital depositories must meet. Firms also have until July 1, 2027, to obtain licenses and bring…
Crypto added roughly $500 billion in market value in a matter of days as Bitcoin ran from about $63,500 toward $80,000 last week.A liquidation squeeze powered much of the first phase, and regulated investment products then supplied fresh capital once forced buying began to fade.Tom Lee told Milk Road that the crypto liquidation event showed how far “offsides” traders had become. He called the move a “course correction” that could open a much larger advance.Glassnode said Aug. 19 produced the largest short-liquidation day in its feed since 2019, and exchanges automatically closed short positions as prices moved against traders, turning…
Five major US spot XRP products held XRP with a combined fair value $746.1 million below accounting cost at the end of June, but investors kept buying anyway.According to SEC filings, Bitwise, Canary Capital, Franklin Templeton, 21Shares, and Grayscale recorded roughly $629.9 million in primary-market share creations against $309.1 million in redemptions during the first half of the year.That left capital activity positive by about $320.8 million even as the funds’ combined XRP holdings sat 44.1% below their $1.7 billion accounting cost.The gap quantifies what Bloomberg ETF analyst James Seyffart called “surprisingly resilient” XRP ETF demand in an Aug. 31…
Key takeaways Pi Network is trading above $0.091 after gaining 10% in August. OpenPay has restored its cash-in feature, enabling users to convert PI and other altcoins into the OUSD stablecoin. PI must break above the $0.1000–$0.1022 resistance zone to strengthen its bullish outlook. Pi Network traded in positive territory above $0.091 on Tuesday, preserving the 10% gain recorded during August. The token’s latest recovery coincides with OpenPay’s decision to restore its cash-in feature. The service allows users to convert PI and other supported altcoins into the OUSD stablecoin for payments and transfers. Despite improving utility, PI remains below the…