WorldCoinIndex Derivatives Report 2020 Week 39

The executive arm of the European Union announced its new Digital Finance Package to bring more clarity on the function of blockchain and crypto companies under the new legislative rules.

With Bithumb chairman faces charges of fraud and scam, the exchange is up for sale to a tune of $600 million with many big players showing interest.

Hashdex, the regulated fund manager from Brazil, said that the crypto ETF will launch by the year end with listing on the Bermuda Stock Exchange.

Bridging the gap between the crypto firms and the banks, the banking regulator OCC allowed all federally registered banks to offer reserve funds for stablecoins. However, it has asked the banks to maintain due diligence and caution.

With the growing demand and importance of Bitcoin and cryptocurrencies, we can expect 2021 to be a year where we see larger adoption. Moreover, with the rise in DeFi and online casinos, crypto transactions are bound to grow simultaneously.

The People’s Bank of China (PBoC) said that the wish to take the first-mover-advantage in the race for digital currency and reduce its dependency on the Digital Dollar.

WorldCoinIndex Derivatives Report 2020 – Week 38

Uniswap plans to distribute around 1 billion UNI tokens over the next four years. The platform rewarded all wallets holder 400 UNI who interacted with the Uniswap protocol before September 1.

The state of Wyoming has granted a license to Kraken Financial to provide crypto banking services under SDPI rules as well as following other federal and state laws.