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Cryptocurrency

Russia’s crypto shortlist redraws stablecoin competition

  • Russia has added USD Coin (CRYPTO:USDC) to its approved cryptocurrency framework, expanding the pool of digital assets available under its evolving regulatory regime. 
  • The decision places USDC alongside established digital assets and highlights growing competition among large-cap cryptocurrencies and stablecoins seeking regulated market access. 
  • Regulatory oversight, investment limits and concerns over potential asset freezes remain key risks for crypto adoption in Russia.
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Cryptocurrency

Peace hopes revive crypto risk appetite

  • Bitcoin (CRYPTO:BTC) rebounded after the United States and Iran announced a framework peace agreement aimed at ending hostilities and reopening the Strait of Hormuz.
  • The rally lifted several major blockchain networks as investors rotated back into risk assets, with Bitcoin recovering above US$66,000 and Ethereum (CRYPTO:ETH) gaining more than 3%.
  • Despite the rebound, ongoing ETF outflows, regulatory uncertainty and geopolitical risks remain key obstacles for the sector.
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