The Legislature of Gibraltar has approved a bill designed to update the territorys Financial Services regulations The bill is expected to pave the way for the territorys introduction of comprehensive legislation governing the operations of companies working in the distributed ledger and cryptocurrency industries next year

Congressman Bob Goodlatte Chairman of the Judiciary Committee in the US House of Representatives recently disclosed his personal cryptocurrency holdings The revelation comes amidst rule changes mandating disclosure for members of the House

Sberbank Russias largest bank has been authorized by the countrys monetary policy regulator to issue digital financial assets The move comes amid tightening Western sanctions over the war in Ukraine including limiting Moscows access to the global financial market