Today in crypto, significant developments include Norges Bank's assessment of a central bank digital currency (CBDC) and its endorsement of the EU's Markets in Crypto-Assets Regulation (MiCA). Kjetil Watne, project director for the CBDC initiative, indicated that the central bank has not yet made a decision on issuing a CBDC but is exploring ways to mitigate regulatory gaps associated with decentralized finance. In parallel, Roman Sterlingov, the founder of the cryptocurrency mixer Bitcoin Fog, has been sentenced to 12.5 years in prison, reflecting ongoing US government efforts to address illicit financial activities in the crypto space. Lastly, Tether Investments announced its completion of a major transaction involving approximately 500,000 barrels of crude oil, valued at $45 million, marking its entry into the commodities sector.

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