Sberbank Targets December Launch for Crypto Trading Infrastructure as Russia Tightens Digital Asset Rules

The Digital Asset Market Clarity Act is facing a deepening Senate fight over ethics limits aimed at senior government officials and President Donald Trump’s crypto interests. Democrats say the proposed restrictions are too weak, while the White House and Republican supporters argue the concessions are historic and should clear the way for passage.

LMAX Group is assessing strategic alternatives with major advisers as the institutional trading platform weighs paths that could include a sale, SPAC merger or public listing. A Nasdaq listing is viewed by some people familiar with the discussions as the preferred route, though the firm is not under immediate pressure to move while crypto markets remain soft.

USD/INR continues to trade with an upward bias as Middle East tensions, energy-price concerns and thin liquidity keep volatility elevated. FXCOINZ market coverage finds that traders remain focused on the 97.000 area, while leverage and wide spreads continue to demand disciplined risk control.

Tether’s gold reserves reach an estimated $23 billion as the stablecoin issuer accelerates bullion buying, rivaling mid-sized nations and reshaping crypto reserve strategies.