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MATIC Holders Suffer Massive Losses, Here’s How Many Wallets Are In The Red

MATIC’s price looks to be holding up quite well in the market given current circumstances, but given how much the crypto’s price has fallen from its 2021 all-time high price, the vast majority of its holders are still nursing losses from their investments.

Digital Assets Amongst Vulnerabilities Within The US Financial System - Report

The Financial Stability Oversight Council (FSOC) released its 2022 Annual Report following approval by its voting members on December 16, 2022. According to the report, digital assets were amongst the vulnerabilities identified within the United States (U.S.) financial system.

Key Republican Presses Treasury Department to Issue Clearer Digital Asset Reporting Rules

Rep. Patrick McHenry is urging the Treasury Department to issue clearer digital asset reporting rules as part of last year’s infrastructure bill and delay compliance requirements for the new rules. 

Amendments to Russia’s Digital Asset Law Aim To Allow Mining, Ban Crypto Exchange and Ads

Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services.