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Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and

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Ethereum Scaling Solution Polygon Exploring Use of ZK Technology for Main Chain, Co-Founder Mihailo Bjelic Says

“POS chain continues to exist and operate the way it does today. And the Polygon zkEVM will be a separate network,” Bjelic said. “We will have two networks running in parallel, with different value propositions, i.e. features and tradeoffs. Each application will be able to decide which level of security,

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Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source

The term sheet also involves refinancing the outstanding loans where DCG borrowed $500 million in cash and about $100 million worth of bitcoin (BTC) from Genesis, the person said. Included is “an equitization of the infamous 10-year promissory note that DCG gave Genesis in return for failed hedge fund 3AC

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