Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review

Rumors of expanding war, massive inflation destroying peoples purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the worlds largest financial institutions are exposed to roughly €9.4 mil millones (US$9 billion) in crypto assets. The research paper authored by the Basel Committees secretariat Renzo Corrias further

Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

El miércoles, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomuras move follows a number of financial giants entering the cryptocurrency industry

Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors

Nasdaq has announced the launch ofNasdaq Digital Assetsciting increased demand for digital assets among institutional investors in recent years. Inicialmente, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto Unit

US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations

A NOSOTROS. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler

Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’

The chairman of the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEGUNDO…

30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (punto de venta) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value

Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review

Macro markets and geopolitics dominated the news this week, with Russia cutting off Europes gas supply, hedge funds betting against Italian debt, and the International Monetary Funds bailout for Zambia helping the kwacha overtake the ruble as the worlds best-performing currency….

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

En septiembre 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy