Headlines

Kenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher Costs

Key Takeaways Kenya’s National Treasury proposed a mandate forcing stablecoin issuers to hold 30% of reserves in local banks. Crypto platforms warn the rule could trap liquidity and increase remittance costs across Kenya. Industry leaders seek to continue 2026 talks with regulators to balance user protection with sector growth. Protecting the Local Market Cryptocurrency exchanges…

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DZ Bank brings crypto trading to millions through German banks

Germany’s cooperative banking network has begun offering cryptocurrency trading through DZ Bank, opening digital asset access to millions of retail customers across the country. Summary DZ Bank has started rolling out crypto trading through Germany’s cooperative banking network. DekaBank plans a phased crypto trading launch for the country’s savings banks later this year. Germany is…

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Russia Finalizes Preparations for Nationwide CBDC Rollout

Key Takeaways Russia scheduled the digital ruble for a September launch, integrating top banks into the network. The central bank plans to host CBDC wallets on private balance sheets, boosting commercial adoption. Officials are designing ruble smart contracts, giving businesses automated payment infrastructure. Central Bank of Russia Prepared for Digital Ruble Rollout The Central Bank…

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Bitcoin Hits 2-Year Low as ETFs Bleed $8.9B

June highlighted a widening gap between retail optimism and institutional caution across the Bitcoin market. Bitcoin (BTC) closed June near its weakest level in almost two years after falling to around $58,000 on June 30, while spot Bitcoin ETFs extended a weeks-long run of heavy outflows. The month, according to a Santiment market report,…

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India probes Myanmar camps over alleged forced crypto scams

India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. Summary India has launched an investigation into reports that Indians were trafficked to Myanmar and forced into crypto scam operations. Victims allegedly accepted fake overseas job offers before…

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