It’s been a historic week for crypto. The U.S. has officially passed historic crypto legislation, marking a turning point for the digital asset industry. The new laws integrate Bitcoin and stablecoins into the national economy, opening the door for broader adoption, regulatory clarity, and long-term growth.
Following this milestone, momentum continues to build across the crypto landscape. 401(k) crypto investments are gaining traction, with Donald Trump backing tax exemptions to accelerate institutional entry.
Satoshi Nakamoto’s Bitcoin holdings have soared, making the pseudonymous creator the 11th richest person in the world.
Meanwhile, innovation surges with Amitis Network launching the world’s first cooperative blockchain, offering users 80% fee rebates and community-driven governance. As crypto goes mainstream, this week’s roundup explores how Russia, India, and the Web3 community are adapting to the global shift.
Sberbank aims to control crypto custody in Russia
Sberbank is pushing to offer custody services for digital assets in Russia, proposing a framework that treats cryptocurrencies like traditional bank deposits. As Russia’s central bank softens its stance on digital assets—allowing crypto use in cross-border payments—Sberbank wants to guarantee token safety and regulatory compliance.
Custody services, which involve safeguarding clients’ crypto holdings, are becoming critical as governments weigh both innovation and enforcement. Sberbank’s proposal would allow authorities to freeze assets when needed, but also protect users from hacks and private key loss.
Industry experts warn that global crypto custody is still dominated by foreign private firms, posing sovereignty and security concerns. Russia now sees a chance to reclaim control.
India’s rich embrace Bitcoin as global crypto sentiment surges
In India, crypto is seeing a surprising resurgence—this time led by the country’s wealthiest investors. Family offices, institutional players, and high-net-worth individuals (HNIs) are quietly shifting portfolios toward Bitcoin and Ethereum.
The trend gained momentum following Donald Trump’s return to the presidency and the rise of pro-crypto sentiment in the U.S. Policy shifts like Bitcoin ETF approvals are encouraging international investors to explore new allocation strategies.
But despite the boom, India’s harsh tax laws—a 30% capital gains tax and 1% TDS on each crypto transaction—continue to push retail investors underground. Wealth managers say policy reforms are essential for long-term adoption.
Crypto builders called to prioritise digital rights
As the blockchain industry matures, developers are facing increasing scrutiny to prioritise human rights. Experts argue that self-custody, universal personhood, and privacy-by-default must become core principles—not optional features—in all crypto protocols.
With the rise of surveillance, deepfakes, and centralised ID systems, Web3 could either decentralise power—or replicate Web2’s failures. The clock is ticking to hard-code ethics into tomorrow’s digital infrastructure.
Stay informed,
Rodcas Consulting Group