1. Beginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered at Russian savings accounts. In addition to the investors themselves, the big losers are likely to be trading apps like Robinhood, which aim at first-timers.
2. On Wednesday the Telos blockchain announced the launch of a new tool designed to help low-liquidity projects fundraise: a NFT product known as a T-Bond. In an interview with Cointelegraph, Douglas Horn — the author of the Telos whitepaper and the CEO of GoodBlock, a development company who assists with Telos core development — said that token-based fundraising is a tricky problem for both established and new projects.
3. Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and debasing fiat money was fueling the ongoing Bitcoin (BTC) bull run, but institutional players getting into crypto may be the bigger story.
4. US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins. Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.
5. The latest from the Treasury’s most crypto-forward office says that national banks don’t have to fear stablecoin nodes.
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