Grayscale investments record $5.5 billion AUM dominated by BTC trust

An Institutional platform for digital currency investment has posted substantial amounts of funds so far, following the recent bullish trends with Bitcoin and other cryptocurrencies. Grayscale investments most recently posted over $5 billion in assets under management (AUM). Grayscale investment assets dominated by BTC trust On Wednesday, the digital currency investing and management company shared […]

Russia’s Sberbank considers stablecoin launch after Putin signs crypto law

Russia’s largest bank Sberbank is considering a stablecoin launch compliant with the recently passed cryptocurrency law. Russian President Vladimir Putin signed a cryptocurrency that provides legal status to cryptocurrencies. However, the law does not allow cryptocurrencies to be used as a method of payment. As such, Sberbank is looking to develop a ruble-pegged coin that […]