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Core Summary Alfa Bank, one of Russia’s major banks, has announced plans to launch a digital depository to provide cryptocurrency-related services for its clients. This move aligns with similar recent announcements from other large Russian banks, showing continued interest from the country’s banking sector in digital assets, while also reflecting the gradual formation of Russia’s crypto regulatory framework. Event Overview According to TheBlock, Alfa Bank’s digital depository will focus on providing compliant crypto asset custody and trading services for institutional and high-net-worth clients. This plan aligns with Russia’s recently passed crypto asset legal framework, which allows banks to provide digital asset services under specific conditions. ...

Bitcoin spot ETFs have returned to net outflows while ether-related funds continue their streak of net inflows, indicating diverging institutional sentiment toward the two largest crypto assets.

South Korea’s Hyundai Card has partnered with blockchain platform Avalanche and stablecoin issuer Tether to complete its first real-world stablecoin payment pilot, marking a significant step in traditional financial institutions’ adoption of digital assets.

A former Bank of Japan official warns the central bank may accelerate interest rate hikes, pushing borrowing costs above the 2% threshold. This signals the end of Japan’s ultra-loose monetary policy era, with far-reaching implications for global bond markets and the yen.

Crypto exchange AscendEX has ceased operations without providing a clear plan for user asset payouts, raising concerns about the safety and transparency of smaller crypto platforms.

BBC reports that San Francisco’s median home price has reached a record $1.7 million, driven by wealthy AI workers. Local residents face an increasingly severe affordability crisis.

The FTC and state attorneys general reached a landmark settlement with John Deere, granting farmers and independent repair shops full access to repair tools and documentation. The deal marks a major victory for the right-to-repair movement.

The World Health Organization warns that without urgent action, global cancer cases could nearly double from 20 million in 2022 to over 35 million by 2050, with deaths approaching 9 million annually.

President Trump announced at the NATO summit that the US will grant Ukraine a license to produce Patriot missiles, marking a major policy shift. While hailed as a diplomatic victory for Zelensky, analysts warn actual production could take years.

Leading crypto venture capital firm Paradigm has closed its fourth fund at $1.2 billion, marking a strategic expansion beyond crypto assets into artificial intelligence and robotics. The move reflects accelerating convergence between crypto capital and traditional technology sectors.