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Sberbank is preparing to introduce cryptocurrency custody and trading services for its more than 110 million retail customers, pending final regulatory approval from the Bank of Russia. The move signals a major step toward integrating digital assets into Russia’s traditional financial system.

The central bank first proposed a regulatory draft in December aimed at formalizing cryptocurrency investment activity. Once the framework is finalized, Sberbank is expected to move quickly to launch trading access through established financial infrastructure.

Sberbank Plans Crypto Custody, Trading and AI-Based Investment Tools

At a Moscow Exchange forum, Ruslan Vesterovsky confirmed that the bank is ready to support organized cryptocurrency trading. He noted that traditional financial systems could offer liquidity, competitive spreads and advanced services such as margin trading and AI-driven investment strategies.

Vesterovsky added that once regulation is introduced, Sberbank and other market participants will be prepared to provide secure access to cryptocurrency markets. The initiative reflects growing interest in combining established banking systems with emerging blockchain-based financial products.

Russia Draft Rules Limit Retail Crypto Purchases to $4,000 Annually

While regulators continue to view cryptocurrencies as high-risk assets, the proposed framework would allow both qualified and non-qualified investors to participate. Under the draft proposal, retail investors could purchase up to $4,000 worth of cryptocurrencies annually through a single provider.

Sberbank has already taken early steps into the sector by issuing a cryptocurrency-backed loan in December to Intelion, which operates more than 300 megawatts of power capacity across roughly 1,500 clients. The bank has indicated plans to expand crypto-backed lending services to additional firms once regulations are finalized.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

The European Commission is encouraging member states to promote remote work and expand public transport subsidies as part of efforts to reduce fuel demand across the European Union. The policy push comes as energy prices surge following continued conflict in the Middle East, raising concerns about long-term supply disruptions and rising import costs.

EU Energy Commissioner Dan Jorgensen said demand reduction measures are necessary to stabilize energy markets and protect households and businesses from further price shocks. Officials stressed that while fuel supplies remain stable for now, sustained high prices remain a major risk.

Strategic Oil Releases and Rising Import Costs Increase Pressure

European countries have already released approximately 400 million barrels of strategic oil reserves under coordination with the International Energy Agency, marking the largest coordinated release on record.

However, the ongoing disruption in the Strait of Hormuz has significantly affected global energy flows. EU officials reported that the conflict has added nearly 14 billion euros ($16 billion) to the bloc’s fossil fuel import costs within just over one month.

Governments Consider Speed Limits and Public Transport Incentives

To manage rising fuel demand, the European Commission has urged national governments to explore measures such as encouraging remote work, increasing public transport usage, and introducing reduced highway speed limits. Several countries, including Spain and Croatia, have already implemented fuel price caps, tax reductions, and targeted subsidies to ease the financial burden on consumers.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

A major governance dispute has emerged within the NEO ecosystem after co-founder Da Hongfei revealed that fellow co-founder Erik Zhang controls approximately $200 million to $250 million in crypto assets through a single-signature wallet without multisig protection or formal oversight. The assets include NEO and GAS tokens and are valued above the project’s current market capitalization of about $197 million.

Da Hongfei stated that nearly 85% of the token-based treasury remains under Zhang’s sole control, raising concerns about centralized custody within a decentralized project structure. Meanwhile, the broader Neo treasury is estimated at around $460 million, including Bitcoin, Ethereum, stablecoins, and venture investments.

Competing Governance Proposals Deepen Internal Conflict

The dispute has escalated into competing restructuring proposals. Da Hongfei has called for relocating the Neo Foundation from Singapore to the Cayman Islands, introducing an independent five-member board, and excluding both founders from governance roles for a transition period. His plan also includes redistributing millions of NEO and GAS tokens to community holders to improve decentralization.

In contrast, Erik Zhang has pushed for remaining on the board and keeping the foundation in Singapore, while also demanding formal investigations into historical asset management practices, including claims of potential irregularities.

Treasury Division and Community Role at Center of Debate

Neo’s financial disclosure shows over 1,100 BTC, more than $100 million in stablecoins, and additional holdings across multiple investment vehicles. Da Hongfei described the situation as a form of “mutual disarmament,” where both founders would relinquish unilateral control over major assets.

However, the restructuring plan depends on Zhang agreeing to transfer token holdings into a multisignature structure. Without consensus, Da indicated that the final decision may rest with the broader community as governance tensions continue to intensify.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

JD Vance is set to travel to Pakistan to participate in negotiations with Iran, according to a White House official, clarifying earlier conflicting statements about his attendance.

However, uncertainty remains over whether Iran will participate. Iranian state linked reporting indicated that no decision has been made to send a negotiating delegation as long as a naval blockade remains in place, suggesting that logistical and political obstacles could still delay direct talks.

The delegation will also include senior envoys Steve Witkoff and Jared Kushner, who are expected to join discussions scheduled to take place in Islamabad on Tuesday, with the possibility of talks extending into Wednesday.

Earlier in the day, Donald Trump stated that Vance would not attend due to concerns raised by the Secret Service over the short notice required to arrange adequate security. However, multiple officials later confirmed that Vance would ultimately lead the U.S. negotiating team.

High-Stakes Talks Follow Previous Failed Negotiation Round

The upcoming meetings are considered critical after an earlier round of negotiations led by Vance ended without reaching an agreement. The renewed diplomatic effort comes amid heightened tensions and ongoing ceasefire uncertainty between Washington and Tehran.

Trump warned that failure to reach a deal could lead to severe military consequences, describing the proposed agreement as straightforward and calling it Iran’s “last chance.” The outcome of the Islamabad talks is expected to play a major role in determining whether the conflict moves toward de-escalation or renewed confrontation.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Global markets are bracing for heightened volatility over the next 24 hours as tensions between the United States and Iran show signs of escalating again. Despite an earlier ceasefire, forces linked to IRGC have reportedly continued blocking vessels in the Strait of Hormuz and opened fire on several ships passing through the strategic waterway.

The Strait of Hormuz is a vital route for global energy supplies, and its temporary reopening had recently helped ease oil prices, contributing to gains in stock and cryptocurrency markets. However, renewed disruptions could reverse that trend, pushing oil prices higher and raising inflation expectations worldwide.

US-Iran Negotiations and Military Threats Add to Market Uncertainty

US officials are expected to travel to Pakistan for another round of negotiations aimed at stabilizing the situation. President Donald Trump has warned that if talks fail, the United States could resume large-scale strikes targeting Iran’s critical infrastructure, including power plants and bridges.

Iran has responded by warning that further attacks could trigger retaliatory strikes against US allies, raising the risk of broader regional conflict.

Market participants are closely watching developments, as signs of de-escalation could support continued rallies in equities and cryptocurrencies, while increased military activity may lead to sharp sell-offs across risk assets.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

An Iranian parliamentary official said recent talks with the United States have shown signs of progress, but both sides remain “far” from reaching a final agreement to end the ongoing conflict. The statement comes as negotiations continue through mediators, with proposals still being reviewed by Tehran.

Donald Trump said the discussions with Iran have been “very good,” but stressed that Washington would not allow Tehran to pressure the United States by threatening the closure of the Strait of Hormuz. He confirmed that the U.S. blockade on Iranian ports will remain in place until a comprehensive agreement is fully completed.

Strait of Hormuz Tensions and Maritime Incidents Raise Risks

Iran has maintained that the Strait of Hormuz will stay closed until the U.S. lifts its blockade, which Iranian officials describe as a violation of the ceasefire terms. Authorities in Tehran also confirmed they are examining new proposals delivered by U.S. negotiators through intermediaries.

Over the weekend, tensions escalated further after two Iranian gunboats reportedly opened fire on a tanker in the Strait of Hormuz, while other vessels reported being struck by unknown projectiles. The incidents have increased concerns about shipping security and the potential for wider regional escalation if negotiations stall.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

RaveDAO has denied any involvement in the dramatic rise and collapse of its RAVE token, as major cryptocurrency exchanges Binance and Bitget launch investigations into suspected market manipulation.

The project issued a public statement saying it was “not engaged in, nor responsible for, recent price action,” after the token surged from about $0.25 to nearly $28 within days before plunging more than 80%. The sharp decline triggered widespread scrutiny from traders and analysts across the crypto market.

Exchange Investigations Into Suspicious Trading Activity

Onchain investigator ZachXBT alleged that the price movement may have been linked to a coordinated pump-and-dump scheme. He pointed to concentrated token holdings and unusual transfers to exchanges, claiming that more than 90% of the total supply could be controlled by insiders.

In response to the allegations, Binance CEO Richard Teng confirmed that the exchange is reviewing trading data related to RAVE. Bitget CEO Gracy Chen also stated that her platform has begun examining transactions tied to the token’s volatility.

RaveDAO Plans Token Sales to Fund Operations

RaveDAO acknowledged plans to sell portions of unlocked tokens to finance operations, hiring, and marketing initiatives. The team said it is exploring price-triggered and performance-based lock mechanisms to better align incentives with long-term ecosystem growth.

RAVE is currently trading near $1.26, reflecting a decline of nearly 96% in 24 hours, according to market data.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.