Russia Explores Creating Regulated Crypto Market for Super Qualified Investors

Russia is pushing forward with a regulated cryptocurrency market, limiting access to “super-qualified” investors under a strict legal framework to ensure financial stability and security. Russia’s Crypto Overhaul: Strict New Market May Change Everything The Russian Finance Ministry and central bank are discussing the creation of a regulated cryptocurrency trading market for highly experienced investors, … Read more

Mexican Billionaire Ricardo Salinas Says Bitcoin Now Makes Up 70% of His Personal Portfolio

Salinas revealed details of how much bitcoin exposure he has in his personal portfolio in an interview with Bloomberg and described the cryptocurrency as “the hardest asset in the world.” Ricardo Salinas Doubles Down on Bitcoin, Holds 70% of His Portfolio in BTC Mexico’s third richest man, Ricardo Salinas, chairman and CEO of corporate conglomerate … Read more

Fat Fingers: Citigroup Mistakenly Deposits $81 Trillion to Customer

$81 trillion was erroneously credited by Citigroup, as the customer was only meant to receive $280. The payment bypassed all Citigroup controls and had to be reversed several hours after its execution, which the bank refers to as a “near miss.” Citigroup Payment Fumble: Erroneous $81 Trillion Transfer Bypasses Controls Citigroup, one of the most … Read more

Report: Bank of America Eyes Stablecoin Launch Pending US Regulatory Approval

Bank of America could launch a U.S. dollar-pegged stablecoin if federal lawmakers pass legislation creating a regulatory framework for such digital assets, CEO Brian Moynihan stated in a Feb. 26, 2025, interview with Fortune magazine. BOA’s Stablecoin Plans Hinge on Pending Congressional Legislation, CEO Says BOA boss Brian Moynihan likened the proposed stablecoin to a … Read more

Gold Suppliers Face ‘Unprecedented Demand’ as Large Investors Flock to Precious Metal

Bullionstar, a premier gold dealer based in Singapore, warned about the high demand for large gold ingots and reported tightness in the supply. The firm stated that this behavior is not normal. Gold Demand Rises, ‘Tightness’ in Large Gold Bars’ Market The demand for gold has kept growing in world markets, and now even institutional … Read more

Grayscale’s XRP ETF Under SEC Review—The Countdown Begins

The SEC’s review of Grayscale’s XRP ETF is officially underway, sparking speculation that a crypto-friendly shift could lead to a groundbreaking approval. SEC Begins Review of Grayscale’s XRP ETF Proposal The Federal Register officially published Grayscale’s XRP exchange-traded fund (ETF) proposal on Feb. 20, 2025, marking the beginning of the U.S. Securities and Exchange Commission’s … Read more

Coinbase CEO Sees Meme Coins as Gateway to Mass Crypto Adoption

Meme coins may seem frivolous now, but their evolution could reshape crypto, Coinbase’s CEO said, warning against scams while urging openness to their potential impact. Coinbase CEO Brian Armstrong: ‘We Should Be Open Minded About Where Memecoins Are Going’ Coinbase CEO Brian Armstrong has shared his thoughts on meme coins, recognizing their significance in the … Read more

Balaji Srinivasan Predicts Shift From IPOs and M&As to Crypto Era

In a recent social media post, former Coinbase CTO Balaji Srinivasan highlighted a potential shift in the tech landscape, suggesting that the era of traditional Initial Public Offerings (IPOs) and mergers and acquisitions (M&A) may be coming to an end, while the crypto era could be just beginning. He pointed out that new regulatory policies … Read more

Visa and Mastercard Could Make a Comeback in Russia

Visa and Mastercard may attempt a comeback in Russia, but the country’s financial system has already moved on. Could they reclaim lost ground, or is it too late? Visa and Mastercard May Be Returning to Russia Visa and Mastercard may attempt to re-enter the Russian market, according to Anatoly Aksakov, head of the State Duma … Read more

Strategy Moves to Raise $2B for More Bitcoin—Massive BTC Buy Incoming?

Betting big on bitcoin, Microstrategy is raising $2 billion through convertible notes to fuel further BTC acquisitions, reinforcing its vision as the ultimate bitcoin treasury firm. Strategy Targets $2B in Fresh Capital—A High-Stakes Bet on Bitcoin’s Future Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on Feb. 18 that it intends to … Read more