Crypto News

Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements

Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed. The Ministry of Finance also confirmed that this is beingSource link

Bitcoin Slides to $55,000 as Liquidations Top $600 Million

Bitcoin has fallen to its lowest point since February, triggering a cascade of liquidations worth hundreds of millions of dollars.Source link

Mt. Gox Transfers $2.7 Billion in Bitcoin From Cold Storage Amid Market Rout

Mt. Gox has transferred $2.7 billion worth of Bitcoin to an unidentified wallet, further exacerbating concerns over declining crypto prices.Source link

Arkham Partners with Turkish Süper Lig Champions Galatasaray

Arkham Intelligence announces a strategic partnership with Turkish Süper Lig champions Galatasaray, aiming to enhance blockchain analytics in sports. (Read More)Source link

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee had previously announced thatSource link