News

The Bank of Russia, the Ministry of Finance, and the Treasury tested certain operations with the digital ruble within the budget process at the end of last year. This was reported by RBC.

The Bitcoin exchange KuCoin has admitted its guilt in operating an unlicensed money transfer business in the US and agreed to pay fines and compensation totaling nearly 300 million dollars. This was reported by the platform's press service.

Experts from QCP Capital have reported that bullish sentiment in the cryptocurrency market has nearly disappeared, and until there is confirmation of the creation of a strategic Bitcoin reserve in the US, the dynamics of the leading digital currency will not change. This was reported by the organization's press service.

The company "Rosseti" is exploring various options to load its capacities by developing mining. This was reported by "Kommersant."

President of Belarus Alexander Lukashenko announced that the country will issue a state-backed cryptocurrency. This was reported by "BelTA."

The DeFi liquidity protocol for asset swaps, THORChain, has suspended operations due to significant debt and leverage issues, according to Blockbeats.

Hackers have breached the Singapore-based cryptocurrency exchange Phemex, with North Korean cybercriminals suspected to be behind the attack, according to The Block.

The United States Securities and Exchange Commission (SEC) has repealed rule SAB 121, effectively lifting the ban on banks storing digital assets.

In Russia, a user of the "Habr" forum integrated a Bitcoin miner into the heating system of his home – the development brings him an income of 23,000 rubles per month. This was reported by the Forklog portal.

Lorenzo Sewell, pastor and preacher of the 180 Evangelical Church in Detroit, has launched his own token, LORENZO, to support the elected U.S. President Donald Trump. This was reported by Bridge Detroit.