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Monday, February 1, 2021
CryptoCurrency News: FinCEN’s Wallet Rule Aims to Close Crypto-Cash Reporting Gap, Official Says
FinCEN Deputy Director Michael Mosier encouraged commenters to provide practical, technical feedback on the rule.
via CoinDesk
CryptoCurrency News: Have the Hedge Funds Infiltrated Reddit’s WallStreetBets?
The media keeps saying WallStreetBets is going after silver; WallStreetBets members say it’s a campaign to co-opt and divide them.
via CoinDesk
CryptoCurrency News: Robinhood Can’t Democratize Finance Using Old Tools
Robinhood saw the ire of traders last week because it promised to be different. It turned out to be fancy app on top of an antiquated system.
via CoinDesk
CryptoCurrency News: Blockchain Bites: The ‘Silver Lining’ for Bitcoin
XRP and silver went viral – showing mind-meld market mechanics are still in play – though both hit limits.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Feb. 1, 2021
With BTC stalling and the price of silver soaring to eight-year highs, CoinDesk’s Market Daily is back with the latest news roundup.
via CoinDesk
CryptoCurrency News: Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange
SDAX now has in-principle approval from Singapore's central bank for its Recognized Market Operator license.
via CoinDesk
CryptoCurrency News: Switzerland’s Tokenized Securities Law Ushers In New Chapter for Digital Assets
Regulated crypto banks SEBA and Sygnum each issued tokenized securities to mark the occasion.
via CoinDesk
CryptoCurrency News: First Mover: Silver Is the New GameStop as Musk’s #Bitcoin Stalls
As bitcoin trades in a range, traders are studying the "Grayscale premium" and watching traditional markets for clues to the next market move.
via CoinDesk
CryptoCurrency News: Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street
Cuban said he believes WSB traders are applying the principles of the crypto world to the stock market.
via CoinDesk
CryptoCurrency News: Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law
In effect from today, Switzerland's new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines.
via CoinDesk
CryptoCurrency News: Crypto Lender Nexo Adds Exchange Service to Its Mobile App
Nexo's new service provides more than 75 cryptocurrency and fiat currency pairs for trading.
via CoinDesk
CryptoCurrency News: Kraken Exchange Brings Its Spot Price Data to DeFi Via New Chainlink Node
Kraken's connection to the Chainlink network allows the exchange to broadcast its price data for use in blockchain-based apps.
via CoinDesk
CryptoCurrency News: US Man Pleads Guilty to Money Laundering Charges Involving $13M in Bitcoin
During a 28-month period, Hugo Mejia illegally exchanged millions of dollars-worth of bitcoin while attempting to hide his activity.
via CoinDesk
CryptoCurrency News: XRP Erases SEC-Led Drop as Supporters Pump Price Over $0.60
XRP has more than reversed the late December drop prompted by an SEC lawsuit against Ripple with a rally to two-month highs.
via CoinDesk
CryptoCurrency News: ‘A Good Thing’: Elon Musk Says He’s a Supporter of Bitcoin
It would be the most "entertaining and ironic outcome" if dogecoin "becomes the currency of earth in the future," Musk also said.
via CoinDesk
CryptoCurrency News: MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street
MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich.
via CoinDesk
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