Russia wants to introduce its first regulatory framework for crypto like Bitcoin, with lawmakers aiming to finalize the draft for a parliamentary vote by the end of June.
U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.
Gold advocate and longtime Bitcoin critic Peter Schiff said that the crypto industry is pushing for government regulation and bailouts not to self-restrain, but to gain public legitimacy.
UBS is considering offering bitcoin trading to a small group of Swiss private banking clients as the bank explores a crypto trading service with external partners.