RBI
6h Crypto Recap Bitcoin, SHIB, Canada, Russia, BlackRock — heat rises
#Canada crypto ownership was reported to have doubled to 25%, signaling a sharp expansion in retail participation. 🇨🇦
#Russia expanded its crypto mining ban to include Moscow, adding fresh pressure on domestic mining activity. ⛏️
#Bitcoin mining restrictions in #Russia were framed as a factor that could influence the global hash rate environment. This puts added focus on where miners may relocate next.
#Upbit moved 864B #SHIB in an internal wallet rebalance, drawing attention to exchange-side custody operations. The move was described as internal rather than a public market transfer.
6h Crypto Recap PiNetwork, USDT, XRP, SOL, ETH — Tension & setups
#USDT faced fresh compliance pressure after a major fintech platform moved to remove it for some users due to regulatory-risk concerns. The change put stablecoin listing standards back in focus. ⚠️
#Visa signaled deeper interest in stablecoin-based settlement by backing efforts tied to transfer rails in the Democratic Republic of the Congo. The move highlighted stablecoins as infrastructure rather than just trading tools. 🧩
#RBI-related commentary revived debate around a hardline approach to crypto in India and how stablecoins could be treated under tighter rules. The discussion centered on policy barriers rather than market performance.