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The Russian Central Bank is working on a new cryptocurrency regulation plan that will relax investor qualifications

2 hours ago

December 23rd — A Russian bank is developing a new cryptocurrency regulation plan that could allow previously ineligible investors to purchase crypto assets, according to Bloomberg. Earlier, on November 26th, Russian Deputy Finance Minister Ivan Chebeskov noted that the country’s Finance Ministry and Central Bank are planning to ease strict current rules, which only permit “highly qualified” investors to participate in the cryptocurrency market. They propose a tiered access system to expand the pool of legitimate investors. Under current regulations, individual investors must hold at least 100 million rubles in bank deposits and securities, plus show annual income exceeding 50 million rubles over the past year, to obtain “highly qualified” certification.
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Grayscale has transferred approximately 616 BTC to Coinbase Prime, equivalent to around $54 million.

December 23 — Per Arkham Data, Grayscale transferred ~616 BTC (valued at roughly $54M) to Coinbase Prime just 5 minutes ago.

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The Gnosis Chain community will execute a hard fork to recover the funds stolen by the Balancer hacker

On December 23rd, Gnosis Chain community operators announced plans to execute a hard fork aimed at retrieving funds lost in the Balancer hack. The funds are currently outside the hacker’s control, and all remaining node operators must take appropriate steps to avoid penalties. This action follows the November 3rd exploit of the well-known DeFi protocol Balancer, which resulted in over $120 million in losses.

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Precious Metals Continue to Surge, Spot Gold and Silver Hit New All-Time Highs

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US GDP Growth Accelerates to 4.3%, Fastest Pace Since Q4 2023

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Amplify ETFs Launches ETF Focused on Stablecoin and Tokenization Space

NEW YORK, Dec. 23 (CoinDesk) — Amplify ETFs has launched two new exchange-traded funds (ETFs) to give investors exposure to stablecoin and tokenized asset backers, plus cryptocurrencies. The funds are: - **Amplify Stablecoin Sharekhan ETF (ticker: STBQ)**: Tracks the MarketVector Stablecoin Sharekhan Index, holding 24 assets with primary spot exposure to XRP, SOL, ETH and LINK. - **Amplify Tokenization Sharekhan ETF (ticker: TKNQ)**: Focused on real-world asset digitization, it follows the MarketVector Tokenization Sharekhan Index and holds 53 assets. Both ETFs list on NYSE Arca.

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U.S. Core PCE Price Index for Q3 Initial Estimate at 2.9% Annualized Rate, Expected 2.9%, Previous Value 2.6%

December 23rd: U.S. Q3 Preliminary Core PCE Price Index (Annualized Quarter-over-Quarter) comes in at 2.9% — matching expectations of 2.9% and up from the prior reading of 2.6% (FXStreet)

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