Bitcoin staged a modest recovery, extending a period of relative market calm after the collapse of a closely watched stablecoin roiled digital assets in the past week.
The Russian central bank sent shivers down the spines of virtual asset investors after coming out with a proposal for a ban on digital assets in January. But a few days later the nation’s Ministry of Finance instead said that further regulation would be enough to protect citizens from fraud and other misuses, setting the stage for more internal debate. More regulation seems to
Vasja Zupan is the president of Matrix, the first Virtual Assets Multilateral Trading Facility and Custodian to be launched under the regulations of the Financial Services Regulatory Authority of Abu Dhabi Global Market.