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2 Billion Rubles‘ Worth of Digital Assets Issued in Russia in Less Than a Year

• Digital financial assets (DFAs) have been issued in Russia for over $26 million in the past year. • Unique features of DFAs make them attractive, and demand is increasing. • Platforms licensed by Central Bank of Russia to issue DFAs include Atomyze, Lighthouse, Sberbank, Alfa-Bank, and Distributed Registry Systems. Digital Financial Assets in Russia […]

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Fed Warns of Higher Interest Rates, Faster Hikes

• Federal Reserve Chairman Jerome Powell has warned that interest rates are likely to be higher than previously anticipated and that the Fed could increase the pace of rate hikes if needed. • Powell presented the Fed’s semiannual Monetary Policy Report to Congress, noting that inflation is still above the 2% target and an „extremely […]

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20% of US Adults Own Crypto, 75 Million Expected to Trade in Next Year

• A national survey commissioned by Coinbase suggests that about 20% of U.S. adults currently own crypto and 29% of U.S. adults plan to buy or trade crypto in the next 12 months. • The survey found that 80% of respondents believe the current financial system is unfair, with the overwhelming majority expressing frustration with […]