Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while…
Europe's high regulatory bar could spark new crypto industry M&A wave
As MiCA beds in and the U.K. finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks. Source:CoinDesk
BitMart to wind down exchange, end trading by Aug. 26
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end…
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing. Source:CoinDesk
Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding…
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July…
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. Source:CoinDesk
North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.…
Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
Main Street, which faces the most significant climaterelated financial risk, currently lacks an avenue to hedge weatherrelated risks, argues CoinDesk’s Omkar…
Fidelity joins push for Senate passage of CLARITY Act
Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.…
Dango’s perp DEX taps out nearly 4 months after launch
Dango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns. Source:Cointelegraph
Crypto Biz: Is the AI-to-crypto rotation underway?
Bitcoin ETF inflows, cooling AI momentum and potential regulatory progress under the CLARITY Act are fueling speculation that capital is rotating back into…