Russia’s Duma Finally Notices Crypto: Too Little, Too Late?

Russia is preparing to take another step toward regulating crypto activities. The second and third readings of a bill on the regulation of cryptocurrencies will be held on July 21 in the State Duma. The proposal, if approved, will establish a legal framework for the use of cryptocurrencies and enhance the regulatory environment nationwide-or at least give bureaucrats something to do besides counting their dachas.

HashKey, Kbank, and BPMG Join Forces for KRW Stablecoin Payments

This partnership is part of HashKey’s plan to expand across Asia and will focus on using stablecoins pegged to the Korean won to make international payments and settle trades. HashKey, Kbank, and BPMG will work together, combining HashKey’s digital asset technology, Kbank’s banking services, and BPMG’s technical expertise to develop and test innovative financial systems.

Grayscale files for Worldcoin ETF as WLD price breaks higher

Grayscale plans to launch a new exchange-traded fund (ETF) called the Grayscale Worldcoin ETF, which will be listed on Nasdaq with the symbol GWLD. This ETF would allow investors to gain exposure to the WLD cryptocurrency without actually needing to purchase and hold the token themselves.