CryptoNews

Sberbank Sees Russian Legal Crypto Trading Hitting $46B in Year One

According to Sberbank Deputy Chairman of the Executive Board Anatoly Popov, most crypto trading volume will continue to be routed outside the regulated exchange system. Even so, estimates put crypto trading volume on regulated exchanges at over $46 billion in the first year. Key Takeaways Russia legalized broker crypto trading, expecting over $46B in official volume in its first year. Strict…
Read more
CryptoNews

Bitcoin Mining Consumes 30% of Paraguay Energy, Analysts Reveal

During the “Accelerating Bitcoin” conference, experts debated how current bitcoin mining operations would affect the Paraguayan grid, warning of a possible generation crisis by 2029 if bitcoin mining energy consumption grows moderately, as it currently accounts for 30%…
CryptoNews

NZ’s ACT Party Proposes Waiving Capital Gains Tax on Crypto

ACT, a party with the fourth-largest representation in the New Zealand Parliament, is campaigning to modernize digital finance rules, proposing regulation to waive crypto gains tax on qualified assets held for over a year and to exempt low-value purchases made with crypto assets. Key Takeaways New Zealand’s ACT party proposed tax-free crypto gains after a year to boost long-term retail…
Read more
CryptoNews

Defillama’s New Crypto Ratings Put 128 Tokens Under the Lens

On Wednesday, the decentralized finance (DeFi) platform Defillama and the Web3 investment bank Forgd announced the launch of Universal Token Ratings, a rating system for digital assets similar to the evaluation framework used by the credit rating agencies Moody’s and…
CryptoNews

Michael Saylor Calls for a ‘Bitcoin Reformation’ Beyond Orthodoxy

Michael Saylor is calling for Bitcoin to move beyond founder worship, mandatory self-custody, and hostility toward institutions. His “Bitcoin Reformation” envisions the asset operating across banks, corporations, securities, governments, and machines. Key Takeaways Michael Saylor argues that Bitcoin has outgrown founding-era orthodoxy. Self-custody should remain a right rather than a…
Read more
CryptoNews

29,120 Addresses Investigated in Global Crypto Intelligence Sprint

Operation Lighthouse investigated 29,120 cryptocurrency addresses and digital identifiers while generating 14,300 investigative leads. The Chainalysis-led sprint also surfaced more than 7,700 suspect accounts and identified suspects across 125 countries. Key Takeaways Investigators examined 29,120 crypto addresses and identifiers. The operation generated 14,300 leads across 11 exchanges and…
Read more