Gate Cryptocurrency News and Market Analysis

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National Pension Service Halts Currency Hedging as USD/KRW Falls to 1,330s

South Korea's National Pension Service (NPS) halted its currency hedging operations around June as the USD/KRW exchange rate declined to levels the fund deemed suitable for dollar purchases. The decision came after the exchange rate broke through the 1,350 won level and fell into the 1,330s range. N
LucasBennett·48m ago
National Pension Service Halts Currency Hedging as USD/KRW Falls to 1,330s

Russia has implemented a comprehensive law on digital assets

Russia began implementing its first comprehensive digital asset legislation on September 1, introducing a licensing regime and rules for market operators, including cryptocurrency exchanges, brokers and custodians under the supervision of the Central Bank of Russia. This development comes amid expanded access to overseas digital asset derivatives in Thailand and renewed G20 attention to global regulatory standards. The new Russian regime, adopted by the State Duma on July 21, approved by the Fed
AlexeiVolkov·53m ago
Россия внедрила комплексный закон о цифровых активах

A Sber top executive called crypto exchanges a “hornet’s nest” of fraudsters

Sberbank Deputy Chairman of the Management Board Stanislav Kuznetsov called cryptocurrencies an important means for fraudsters to cash out stolen funds at the Eastern Economic Forum in Vladivostok. The senior executive of Russia’s largest state-owned bank expressed satisfaction with the success of Russian authorities in combating the conversion of cryptocurrencies into cash. According to Kuznetsov, cryptocurrency exchange channels need to be targeted “systematically and ruthlessly.” Kuznetsov sp
AlexeiVolkov·56m ago
Топ-менеджер Сбера назвал криптообменники «ос­иным гнездом» мошенников

Russia’s crypto market could become isolated — Finam analysis

Crypto wallets belonging to Russian exchangers, exchanges, brokers, and digital custodians will be easy to track if foreign authorities impose sanctions. As a result, assets that have passed through these wallets could be classified as high-risk, Kirill Pistsov, head of product development at the Finam financial group, said in an interview with Bits.media. Amendments to Russian legislation requiring all market operators to legalize their activities have made liquidity providers’ addresses and as
AlexeiVolkov·1h ago
Российский крипторынок может стать изолированным — анализ Финам

Atoms, backed by a former Uber CEO, raises funding in an a16z-led round and reportedly develops autonomous taxi technology

The Financial Times reported that former Uber CEO Travis Kalanick is planning to develop autonomous robotaxi technology through his startup Atoms and has already held preliminary discussions with Uber about allowing its ride-hailing network to adopt the technology. Atoms raised $1.7 billion in July, led by a16z. Financial Times: Kalanick’s Ride-Hailing Market Plans Through Atoms According to the Financial Times, Kalanick is recruiting several former members of Uber’s autonomous-vehicle team thro
UBER-0.25%
PONY AI-4.93%
JPM-1.00%
GS-0.03%
GOOGL-1.13%
MarketWhisper·1h ago
前Uber執行長旗下Atoms傳開發無人計程車技術

Bank of Japan Rate Hike to 1.25% Projected for September Meeting

Takuji Aida, economic adviser to Japanese Prime Minister Sanae Takaichi and chief Japan economist at Crédit Agricole, projects the Bank of Japan will raise its policy interest rate to 1.25% at its September 17-18 meeting. The projected increase stems from yen weakness, building inflation risks, and
LucasBennett·1h ago
Bank of Japan Rate Hike to 1.25% Projected for September Meeting

WNXM Surges 14% in 5 Minutes to $73.26 Amid Crypto Volatility

WNXM experienced a 14% price surge in 5 minutes, rising from $64.27 to $73.26. The rapid movement occurred amid broader crypto market volatility and mixed signals across major assets. The asset's 24-hour trading volume reached $177,656.52, reflecting robust liquidity that contributed to the swift pr
DanielCarter·1h ago
WNXM Surges 14% in 5 Minutes to $73.26 Amid Crypto Volatility