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Crypto

Russia digital ruble tops 220,000 accounts in first month

The number of digital ruble accounts opened at Russia’s central bank exceeded 220,000 in the first month after launch, far above an initial official estimate of about 60,000, according to reports. Deputy Governor Zulfiya Kahrumanova said the figure topped 220,000 within a month. The early uptake comes as BRICS members discuss linking central bank digital currencies for cross-border payments and as Russia seeks to reduce reliance on existing payment networks.

Crypto

Ramaswamy dials back crypto talk in Ohio governor race after \'bitcoin\' push in presidential run

Vivek Ramaswamy has not put cryptocurrency at the centre of his Ohio governor campaign, unlike during the 2024 Republican presidential primary when he backed bitcoin and mining and opposed a central bank digital currency. He still has financial and political ties to the sector, including donations and holdings linked to asset manager Strive. Polling and local concerns such as data centres and utility costs appear to be more prominent election issues in Ohio.

Crypto

Silbert\'s 2011 tokenisation forecast resurfaces on SEC accredited investor overhaul

As the U.S. Securities and Exchange Commission moves to overhaul accredited investor rules, Digital Currency Group founder Barry Silbert revived a 2011 forecast on tokenisation. He said the SEC plan aligns with his earlier criticism that wealth is a poor measure of investor qualification. The SEC is considering public exams under FINRA and broader access for credentialed professionals. Silbert also said tokenisation and 24-hour trading are reshaping capital structures and market boundaries.