Global #Digital assets

In just 15 years, the cryptocurrency market has exploded, reaching an impressive market capitalization of $2.09 trillion—double the value from just a year ago.

Russia introduced a significant legal shift by allowing the use of cryptocurrency for foreign trade settlements. This move marks a notable step towards integrating digital assets into the country’s financial system, though full regulation of this activity remains pending.

On September 11, the UK Parliament took a significant step towards integrating digital assets into the legal framework with the introduction of the Property (Digital Assets etc) Bill.

State Street Global Advisors, through its Galaxy Asset Management division, has launched a suite of innovative ETFs aimed at capturing the burgeoning potential of digital assets and transformative technologies.

Today marked a significant moment for the cryptocurrency industry as Congress held its first-ever hearing on decentralized finance (DeFi).

Following a notable upsurge in the cryptocurrency markets last weekend, digital assets have maintained their gains, driven by the Federal Reserve's recent statements.