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Crypto trading in Russia could reach $46 billion in its first year

According to the SberCIB Investment Research forecast published on August 29, Russia’s regulated crypto trading market could process 3.5 to 4 trillion rubles during its first year, equivalent to approximately $46.43 billion at the exchange rate used by TASS. Sberbank Deputy Chairman Anatoly Popov said annual volume could grow to approximately 7.5 trillion rubles, or $87.06 billion, by 2029. The forecast does not guarantee a minimum volume; according to TASS, first-year volume is not expected to
BTC1.10%
ETH2.43%
GateRussiaCrypto·09-01 05:35
Криптотрейдинг в России может достичь $46 млрд в первый год

Stablecoin rewrites cross-border payments and securities issuance: Tether’s 300 employees generate $10 billion in profit

Stablecoins and blockchain are reshaping the operating model for corporate cross-border payments, collateral management, and securities issuance. As of February, stablecoin payments in actual use by end users total about $390 billion per year, double compared with 2024, with about 60% coming from business-to-business (B2B) transactions. With a 300-person team, Tether generated $10.09 billion in profit in 2025, delivering $33.6 million in revenue per employee. Current status of corporate stableco
V2.09%
CME1.39%
XDC2.06%
Bisc·07-30 03:49
Tether 300人創造100億美元利潤

Gate Daily Report (July 15): The U.S. freezes over $130 million in Iran’s digital assets; the European Central Bank selects 36 institutions to pilot the “digital euro”

Bitcoin (BTC) once again rebounded, temporarily around $64,707 on July 15. U.S. Treasury Secretary Bessent said he froze more than $130 million in Iranian digital assets. According to Reuters, the European Central Bank (ECB) has selected 36 banks and payments companies from 50 applicant institutions to take part in the digital euro pilot program. Macro Events & Crypto Hotspots U.S. Treasury Secretary Bessent said he froze more than $130 million in Iranian digital assets. According to on-chain an
BTC1.10%
TRX1.41%
CRCL9.26%
Bisc·07-15 01:32
美國凍結伊朗超1.3億數位資產;歐洲央行選定36家機構試點數位歐元

WhiteBit EU receives MiCA license from Austria, making it before the July 1 deadline

The Austrian Financial Market Authority (FMA) issued a MiCA license to WB-Shield Innovations GmbH (operating under the WhiteBIT EU name) on June 19, making it one of only nine authorized providers in Austria to date. Austria is one of the most strictly regulated jurisdictions in the EU, and this authorization required additional approval from the FMA. Austria’s FMA issues a MiCA license, with only nine providers authorized in Austria so far According to reports, WB-Shield Innovations GmbH (White
Bisc·06-22 03:41
WhiteBit EU receives MiCA license from Austria, making it before the July 1 deadline

RLUSD’s market cap of $1.64 billion jumps to ninth globally, with 24-hour trading volume up more than 72%

SosoValue data as of June 16 shows that Ripple’s native stablecoin RLUSD market cap first exceeded $164 million, becoming the world’s ninth-largest stablecoin, surpassing Tron’s USDD. In the same period, 24-hour trading volume rose by more than 72%. This milestone occurred about one year after RLUSD’s launch. RLUSD Market Cap and Ranking Confirmed Numbers (Source: SoSoValue) According to SosoValue data and U.Today’s report: Market cap: first exceeded $164 million (over $160 million) Global stabl
USDD0.08%
Bisc·06-16 02:51
RLUSD’s market cap of $1.64 billion jumps to ninth globally, with 24-hour trading volume up more than 72%

Tether freezes $450 million of illegal crypto; FATF deems it a valuable global law-enforcement resource

The T3 Financial Crime Unit (T3 FCU), jointly established by Tether, Tron, and TRM Labs, announced on May 15 that since its launch in September 2024, it has frozen more than $450 million in illegal digital assets, while continuing to expand law enforcement cooperation with 23 jurisdictions. The Financial Action Task Force (FATF) has recognized T3 FCU as a “valuable resource for global law enforcement.” Operational Scale Confirmed and Cooperation Framework of T3 FCU According to the figures confi
TRX1.41%
Bisc·05-15 02:43
Tether freezes $450 million of illegal crypto; FATF deems it a valuable global law-enforcement resource

Bank of England: Stablecoins are a “new form of money,” and is open to tokenized deposits

On May 13, Sasha Mills, Executive Director of Financial Market Infrastructure at the Bank of England, said at the Financial Times Digital Assets Summit: “We are treating stablecoins as a new form of money.” Based on a report by Decrypt, Mills emphasized that the Bank of England is not “picking winners” between tokenized bank deposits and stablecoins; instead, it will allow these two “new forms of money” to develop in parallel, with users deciding through actual use which option fits which scenar
ChainNewsAbmedia·05-14 04:38
Bank of England: Stablecoins are a “new form of money,” and is open to tokenized deposits