Russian parliament passes law regulating crypto market
The State Duma legislation creates a regulated framework for crypto market participants and now moves to President Vladimir Putin for his signature before becoming law....
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The $1.2 billion options wall came down, and this time Bitcoin actually moved
For most of the month, traders had a pretty good explanation for Bitcoin's refusal to budge. A dense cluster of options contracts, they argued, was holding the price in a cage between $60,000 and $65,000, with dealers buying dips and selling rallies to stay hedged. Friday's expiry cleared roughly $1.2 billion of that exposure, and […] The post The $1.2 billi...
Galaxy sets up $5 million fund to help shield Bitcoin against quantum computing threats
The crypto financial services firm is funding developers to strengthen the blockchain's security before quantum computers become powerful enough to steal billions in crypto....
BIS warns stablecoins could weaken capital controls in emerging markets
Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets....