Russian Ministry of Finance: Will Reduce Requirements for Buying and Selling Bitcoin
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The Russian Ministry of Finance announced that it will lower the requirements for buying and selling Bitcoin, as Russia is the 11th largest economy in the world. (The Bitcoin Historian)
[MegaETH Halts $1 Billion Cap Due to 'Unexpected' Issues]
MegaETH announced on the X platform that due to encountering 'unexpected' issues, it will no longer proceed with the $1 billion cap. MegaETH stated that it will share a review later and introduce an 'exit' feature, allowing users to opt out if they do not wish to participate.
The U.S. stablecoin law prohibits paying interest on stablecoins, but Anchorage aims to offer a template to distribute yield-like rewards to token holders to stay compliant.
[Polymarket Approved by CFTC to Amend Designation Order, Providing Brokerage Access to U.S. Users]
Decentralized prediction market Polymarket has received approval from the U.S. Commodity Futures Trading Commission (CFTC) for an amended designation order, allowing it to provide compliant market access to U.S. users through an intermediary model.
The founder of Calamos, a hedge fund with a management scale of $40 billion, stated in a CNBC livestream that Bitcoin "will exist for the long term" and believes its price is "rising". (The Bitcoin Historian)