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Crypto Morning Briefing: Blockchain.com Shopping Assets to Fill $270M Hole From Three Arrows Capital; Bank of Russia to Pilot CBDC in April

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Top Stories

Gemini Will Be Qualified Custodian Under Proposed SEC Rules

Crypto exchange Gemini would be considered a qualified custodian if the Securities and Exchange Commission’s (SEC) proposed expansion becomes official, according to Gemini co-founder Tyler Winklevoss.

Blockchain.com Shopping Assets to Fill $270M Hole From Three Arrows Capital: Sources

Blockchain.com, the early Bitcoin wallet provider and exchange that boasted a $14 billion valuation as recently as last March, has been attempting to sell off assets in a scramble for capital.

Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, would be willing to register its dormant broker dealers with the U.S. Securities and Exchange Commission (SEC) as long as lawmakers provide clear direction for the crypto industry, said Faryar Shirzad, chief policy officer at the centralized exchange.

Bank of Russia to Pilot CBDC in April

The Bank of Russia's central bank digital currency (CBDC), the digital ruble, is ready for a pilot phase, said bank's deputy governor Olga Skorobogatova on Friday.

Breaking: US SEC Charges NBA Star Paul Pierce With Crypto Violation

The US Securities and Exchange Commission (SEC) on Friday announced charges against former NBA player Paul Pierce for crypto violations. He was charged for endorsing EthereumMax (EMAX) tokens on social media without making relevant disclosures. The SEC said the former player made false and misleading promotional statements about EMAX. Accordingly, Pierce settled the charges with $1.409 million in penalties, disgorgement, and interest.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,595.33 USD, jumped by 2.18% in the last 24 hours;

ETH’s live price is $1,695.46 2.59% USD, jumped by 2.59% in the last 24 hours;

BNB’s live price is $313.40 USD, dropped by 1.65% in the last 24 hours;

XRP's live price is $0.39 USD, dropped by 1.78%in the last 24 hours.

Fundraising News

Microstrategy Has Raised $46.6M via Share Sales Since September

MicroStrategy, led by Michael Saylor, disclosed in an SEC filing that it has raised $46.6 million through the sale of shares since September 2022, when it entered into an agreement with underwriter Cowen and Co.for the sale of up to $500 million in common stock.

Million on Mars Raises $3.5M for Blockchain-Based Space Sim

Million on Mars has raised $3.5 million to bolster its blockchain-based space simulation about how the human race could one day colonize the Red Planet.

Get the latest news here: Cointime channel — https://t.me/cointime_en

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