• The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company.
• Cameo, the platform through which celebrities sell personalized videos for a fee, has launched a pre-mint for an NFT collection called Cameo Pass.
• Miami has received a $5.25 million disbursement from the CityCoins project, a crypto protocol that has residents generate revenue for their city by mining their city’s tokens.
• The International Olympic Committee is collaborating with game developer nWay to launch Olympic Games Jam: Beijing 2022, a play-to-earn multiplayer game.
• Platforms listing ads for mining hardware have been registering declining demand since the Bank of Russia’s call for a ban on the minting of digital currencies, among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills.
• The Central Bank of Ecuador plans to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the Central Bank of Ecuador manager, this will bring more clarity to the cryptocurrency scene in the country and contribute to preventing crimes such as money laundering.
• A commissioner with the U.S. Securities and Exchange Commission has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance protocols.
**Top 10 Trending Cryptos:**