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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Russia tightens noose on crypto with package of new laws
Russia tightens noose on crypto with package of new laws

Share link:In this post: Moscow is ready to hit crypto users with a series of laws. Russian crypto traders face bank account blocks and even jail time. Legislative changes have cleared the ground for the launch of the state-issued digital ruble.

Cryptopolitan·2025/07/26 16:00
Flash
  • 03:36
    Lido Co-Founder: Contributor Team to Be Downsized, Around 15% of Employees Affected
    According to ChainCatcher, Lido co-founder Vasiliy Shapovalov stated on social media last weekend: "To ensure long-term sustainability, Lido Labs, the Lido ecosystem, and the Lido Alliance have made the difficult decision to reduce the size of the contributor team, with about 15% of employees affected. This decision is not related to job performance, but is purely a cost consideration. It is a tough choice, but it is made with long-term resilience in mind. Although making such a decision during a market uptrend may seem counterintuitive, it demonstrates our strong commitment to sustainable growth, operational focus, and alignment with the interests of LDO token holders. Lido is planning for development over the coming decades, and this adjustment will help solidify that foundation."
  • 03:36
    Fairmint CEO: Tokenized Securities and On-Chain Equity May Reshape Capital Markets
    According to ChainCatcher, as reported by Crowdfund Insider, Fairmint CEO and co-founder Joris Delanoue recently shared the latest insights on tokenized securities and on-chain equity. Delanoue stated that since its founding in 2019, Fairmint has been building infrastructure to support on-chain equity and launched the Open Cap Table Protocol (OCP), claiming to have processed over $1 billion in native on-chain equity. He pointed out that on-chain equity means issuing and managing company shares directly on the blockchain, with smart contracts reflecting ownership, transfer rules, and compliance conditions in real time. Delanoue emphasized, "For founders, this is transformative. They can embed rules such as investor eligibility, transfer restrictions, or price thresholds directly into the equity itself. For shareholders, it means self-custody—you are not just listed in someone else's private database, but truly hold your own on-chain investment portfolio, able to view, verify, and transfer shares (if conditions permit)." He also mentioned that although U.S. securities laws still apply, on-chain equity offers a simpler and more transparent experience for all participants.
  • 03:36
    Lido Cuts 15% of Staff Due to Cost Pressures
    According to a report by Jinse Finance, Lido co-founder Vasiliy Shapovalov announced in a statement that, due to cost considerations, Lido Labs, Lido Ecosystem, and Lido Alliance have made the difficult decision to lay off approximately 15% of their staff. This adjustment is not related to performance issues; those affected are all key members who have been deeply involved in the development of the protocol and the community. Shapovalov stated that although the market is currently in an upward phase, this decision reflects a commitment to long-term resilience and sustainable growth, aiming to focus on operational priorities, optimize resource allocation, and align with the interests of LDO token holders.
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