Last week Russia passed a law to allow cryptos in trade settlements. The development comes as sanctions have delayed payments in trade with Russia’s partner such as China, India and UAE.
“The law is expected to go into force in September, and Russian central bank Governor Elvira Nabiullina, one of the backers of the new law, said the first transactions in cryptocurrencies will take place before the end of the year.”
Reuters
Today, Morgan Stanley’s 15,000 advisors will start pitching Bitcoin ETFs to clients with a networth above $1.5 million.
“This move marks a significant step in the mainstream adoption of cryptocurrency investments. The two ETFs in focus are BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund.”
CryptoNews