Digital currencies
Coverage of Digital currencies in the Nexus archive.
- Russia Passes Law to Regulate Crypto Exchanges, Keeps Payment Ban in Place
Russia has passed a law regulating crypto exchanges, allowing only registered entities to operate and limiting retail investors to 300,000 rubles ($3,700) annually. The law maintains a ban on using digital currencies as payment or legal tender, though exceptions exist for international trade contracts. President Vladimir Putin previously expressed support for Bitcoin, stating it cannot be banned.
- Nearly a million investors lost a total of $3.8 billion on Trump crypto coin
Nearly a million investors lost $3.8 billion on a Trump crypto coin. Trump, once a crypto skeptic, embraced digital currencies in 2024 during his presidential campaign.
- Stablecoins have their 'permission slip.' Now comes the hard part.
Stablecoins have received their permission slip, but now comes the challenging part of implementation and regulation. This development is crucial for the cryptocurrency market. The outcome will significantly impact the future of digital currencies.
- A dozen banks want a euro stablecoin. Fireblocks is making it happen
A dozen banks are collaborating with Fireblocks to develop a euro stablecoin, aiming to leverage blockchain technology for financial innovation. Fireblocks is facilitating the project, which highlights growing institutional interest in digital currencies.