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Bank of Russia: Crypto Firms Face Challenges Entering Regulated MarketVladimir Chistyukhin, First Deputy Governor of the Bank of Russia, said crypto firms without legal market experience will find it hardest to enter regRosfinmonitoring: Over 80 Banks Connected to Transparent BlockchainRosfinmonitoring reports that more than 80 Russian banks now use the Transparent Blockchain system to monitor crypto transactions, up from 5 at the enFederal Reserve Opens Discussion on Stablecoin Issuer RulesThe Federal Reserve has released proposals for regulating stablecoin issuers under GENIUS, with a 60-day comment period and requirements for full reseSoFi Moves Card Settlements to SoFiUSD, Over $25B AnnuallySoFi has started settling Mastercard card transactions in the SoFiUSD stablecoin and is migrating its entire card program to blockchain, with annual vIBM Adds Beta Access to Swift Ledger for Token DepositsIBM launched beta integration with the Swift blockchain ledger for 24/7 tokenized deposit transfers and an on-premises beta for Digital Asset Haven; 1EBA Calls to Regulate Crypto Lending Under MiCAThe EBA urged that crypto lending and DeFi access be included under MiCA, proposing suitability tests, leverage limits, and disclosure; activity notedBank of Russia Proposes Stricter Controls on Cash and Gold ExportsThe Bank of Russia is preparing to tighten controls on cash and gold exports. Current thresholds are $100,000 and 100 grams. New limits have not been Visa: Bank-Level Protection Could Raise US Stablecoin Demand to 56%Visa survey: US stablecoin adoption could rise from 36% to 56% for cross-border transfers if fraud protection and deposit insurance match banks.MVD: Fraudsters 'Sell' Digital Rubles at a 'Favorable' RateMVD warns of scammers offering digital rubles at a 'favorable' rate. Central Bank reports no confirmed cases. Nearly 200,000 accounts in 3 weeks, 36 bRaiffeisen expands partnership with Bitpanda for crypto tradingRaiffeisen Bank International is expanding its partnership with Bitpanda to gradually roll out digital asset trading via banking apps across CEE; netwRosfinmonitoring Proposes 5-Day Account Freezes for Data MatchesRosfinmonitoring proposes blocking bank accounts for up to 5 business days if owner data matches that of a person whose funds are frozen; blockings maSix Largest Canadian Banks Study Tokenized DepositsSix major Canadian banks have launched a study on tokenized CAD deposits for interbank payments. OSFI clarified the legal status on September 10.ESCB Proposes Replacing MiCA Rule on 30–60% Stablecoin DepositsThe European System of Central Banks suggests scrapping the MiCA rule requiring 30–60% of stablecoin reserves in bank deposits in favor of minimum liqHong Kong Ex-Banker Gets 4 Years for $1.6B Fake Letters of Credit, $470K Crypto BribesA former Hong Kong banker gets 4 years in prison for $1.6B fake letters of credit and $470K in crypto bribes, highlighting crypto's role in banking frBanks Double Their Share in ESMA’s MiCA Registry, Now at 23%Banks now make up 23% of MiCA providers in ESMA’s registry—almost one in four. Their presence has doubled since late June, signaling a shift in cryptoCanada Equates Tokenized Bank Deposits With Traditional Accounts: OSFICanada's OSFI now treats tokenized bank deposits as regular deposits, letting banks launch blockchain products under existing rules. Here's what changUniCredit Eyes Crypto Trading, Custody, and Tokenization with New PartnerUniCredit is reportedly seeking a tech partner to roll out crypto trading, custody, and tokenized investment products for its clients.BofA, Citi, and Goldman Sachs Plan US Dollar Stablecoin LaunchBofA, Citi, and Goldman Sachs join 21 financial giants to launch a US dollar stablecoin, with plans to expand to euro and other G7 currencies.Standard Chartered Becomes First Bank to Distribute HKD StablecoinStandard Chartered is the first bank to roll out the HKDAP stablecoin in Hong Kong, with plans to settle tokenized funds using HKDAP in Q4.Jeonbuk Bank Taps Ripple for Cross-Border Payments in AsiaSouth Korea's Jeonbuk Bank teams up with Ripple for global money transfers while Pakistan kicks off crypto licensing. Key updates from Asia's crypto sSafeheron and RFI Kick Off Post-Quantum Security Tests With Banks, RegulatorsSafeheron and RFI are launching post-quantum cryptography tests with banks and regulators. Get the scoop on this new project and its mission.Germany Tops EU for MiCA Crypto Service LicensesGermany leads the EU with 79 MiCA licenses for crypto service providers, outpacing France and the Netherlands. Get the latest on new entrants and markBanks and Regulators Test Quantum-Resistant Crypto Wallet SecurityBanks and regulators are piloting new tech to shield crypto wallets from quantum attacks. How does the experiment work, and what does it mean for yourBanks and Regulators Pilot Quantum-Resistant Crypto WalletsBanks and regulators from Abu Dhabi, Bhutan, and Malta are piloting quantum-resistant crypto wallets and on-chain transfers to boost blockchain securi