CryptoNews

‘To Protect Them’: Bank of Russia Governor Defends Controversial New Crypto Purchasing Caps

Bank of Russia Governor Elvira Nabiullina rejected the notion of a divide created by the recently passed Bill No. 1194918-8, which establishes a framework for cryptocurrency regulation. She stressed that withdrawal of crypto abroad had no limitations for both qualified and non-qualified investors. Key Takeaways Russia’s new crypto bill caps non-qualified investors at a $3,800 limit to mitigate…
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CryptoNews

Goldman Sachs CEO Backs CLARITY Act as Senate Divides Over Crypto Bill

Goldman Sachs CEO David Solomon urged lawmakers to advance the CLARITY Act as senators circulated a revised crypto market structure bill, intensifying disputes over stablecoin rewards, regulatory authority and ethics restrictions ahead of a possible floor vote. Key Takeaways Goldman Sachs CEO David Solomon said the CLARITY Act would provide market stability and encourage regulated financial…
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CryptoNews

Democrats Reject CLARITY Act Draft as Crypto Ethics Dispute Intensifies

Seven Senate Democrats rejected the latest CLARITY Act draft, saying it does not go far enough on ethics, consumer protection, and illicit finance, while Republicans argue the bill contains the strongest federal ethics rules ever proposed for digital assets. Key Takeaways Seven Senate Democrats said the latest CLARITY Act draft needs stronger ethics and consumer protections. The revised bill…
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CryptoNews

Crypto to SpaceX, Apple in One Step: Uphold Adds 4,000+ Stocks and ETFs

Crypto holders can now move into traditional investments such as SpaceX, Apple, and thousands of other stocks and ETFs without transferring money to another app, as Uphold launches fractional stock trading and prepares to extend access beyond regular market hours. Key Takeaways Eligible U.S. customers can access more than 4,000 stocks and ETFs through the Uphold app. Supported cryptocurrencies…
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