Russia Grants Banks Limited Permission for Crypto Activities
The Bank of Russia will allow banks to participate in cryptocurrency transactions but will impose strict capital and reserve requirements. First Deputy Governor Chistyukhin stated that this step represents a “cautious approach.” Banks’ crypto risks will be limited to only 1% of their capital.
Fed Member Waller: Interest Rate Cut Necessary But Should Be Cautious
Fed Governor Waller said a 25 basis point interest rate cut could be appropriate. However, he emphasized that caution is needed due to expected sudden fluctuations in employment or growth. Waller stated that the Fed will take gradual steps, not rapid ones.
Metaplanet Temporarily Suspends Bitcoin Purchase Program
Metaplanet has temporarily suspended its share buyback programs to optimize its Bitcoin strategy. The company stated that it will focus on maximizing Bitcoin revenues.
US Crypto Regulation Talks Suspended After DeFi Draft
The Democrats’ new DeFi regulation proposal sparked a strong reaction from Republicans. Talks between the parties on structuring the crypto market have been suspended. A new revision date is expected to be set for the talks to resume.
Cango Produced 135.6 BTC This Week
Cango, a mining company traded on the New York Stock Exchange, announced that it produced 135.6 $BTC this week. The company’s total Bitcoin holdings rose to 5,985.4.
Hyperliquid Launches DEX-Based Live Streaming Platform
Hyperliquid has launched a live streaming platform called “Based Streams.” The platform allows content creators to integrate on-chain transactions with live streaming. Viewers can earn “Based Gold” by donating tokens to the broadcaster.
Pudgy Penguins Partners with Sharps Technology
Pudgy Penguins has formed a strategic partnership with Nasdaq-listed Sharps Technology ($STSS). The partnership aims to integrate the Solana treasury and increase brand visibility.
US Government Shutdown Could Delay Cardano ETF Approval Until 2026
The SEC has suspended the review of new ETF applications due to staff reductions. Analysts indicate that the Cardano ETF decision could be delayed until 2026. Only 10% of the SEC is actively working during the shutdown.
Cosmos Health Increases Ethereum Investment to $1.5 Million
Cosmos Health increased its total investment to $1.5 million by purchasing an additional $500,000 worth of ETH. The company will continue purchases as part of its $300 million digital asset financing plan.
OracleBNB Rug Pull Occurred
PeckShieldAlert detected a rug pull in the OracleBNB project on the BNB Chain. The project’s official social media accounts have been deleted.
