Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteJanuary takes its name from Janus, the god of transitions and the guardian or the gates of Rome, looking always forward and backwards.So while this has been going on for over two millennia, only a week…

Maxim Akimov, the deputy prime minister of Russia, announced that the authors of Russia’s draft cryptocurrency legislation were not planning on making any changes to the bill. His statement was reported by Russian information agency Finmarket, which specializing on the financial and commodity markets, on Dec. 11.The bill “On Digital Financial Assets” — approved by…

In the post-pandemic world, individuals will need to seize ownership and control of their educational credentials — documents like degrees and transcripts — from schools, universities and governments. That notion received key support last week from the American Council on Education in a study funded by the United States Department of Education focusing on the…

Researchers compiling the data believe the changes were due to regulatory uncertainties in the US and increased crypto adoption in emerging markets.

Bitcoin (BTC) sellers are pinning their hopes on continuing to see sub-$10,000 prices in the aftermath of the halving based on five key futures market metrics.The five measures are open interest, funding, long and shorts delta, bearish divergences, and liquidity grab at $10,000.Open Interest on major Bitcoin futures exchanges stagnantThe open interest — the total…

Chinese e-commerce giant Alibaba has partnered with Bitcoin (BTC) rewards shopping app Lolli, enabling its shoppers to earn 5% back in Bitcoin. Alibaba customers can now get Satoshis (sats), the smallest unit of Bitcoin currency, worth 0.00000001 BTC, when shopping “thousands of items online,” Lolli says.World’s biggest retailer and biggest one-day shopping eventThe partnership was…

The upgrade is only for the Sepolia network and a subsequent upgrade for Goerli network would be introduced in March. 128 Total views 16 Total shares Own this piece of history Collect this article as an NFTEthereum core developer Tim Beiko announced the Shapella (Shanghai/Capella) upgrade is scheduled for Feb. 28. The Shapella network upgrade…

Valkyrie Digital Assets filed with the SEC for listing its Bitcoin ETF on the New York Stock Exchange in January. 663 Total views 2 Total shares The United States Securities and Exchange Commission has postponed its decision on whether to approve a Bitcoin (BTC) exchange-traded fund.The SEC has delayed its decision on a Bitcoin ETF…