Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

The Big Thing Holding Back India’s Crypto Boom - CoinDesk
India’s crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships.
Veteran Commodities Trader Chris Hehmeyer Goes All In on Crypto - CoinDesk
Hehmeyer Trading is ditching its traditional businesses to focus solely on being a crypto market maker in a space its founder, longtime trader Chris Hehmeyer, calls “liberating.”
Crypto Industry Now In Post-Dotcom Bubble Territory, Trading Expert Says
The late 90s saw the tech bubble expand to staggering heights, only to pop shortly after the new millennium began. The cryptocurrency industry saw a similar bubble in 2017. Was 2017 and early 2018 crypto’s dotcom boom, or is it still coming?
Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval
Indian banks are reluctant to work with crypto firms, even though RBI clears the air
PayPal Crypto Rumors, RIP Wirecard, Telegram Settles: Hodler’s Digest, June 22–28
You might be able to buy crypto on PayPal soon, but it’s unlikely that you’ll be getting anything from Wirecard
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources - CoinDesk
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
Research: Why a crypto mining company’s IPO is unlikely to be successful
One prominent crypto research group does not believe that Ebang’s Initial Public Offering (IPO) will be met with long-term success.
Is the Travel Rule Good or Bad for Crypto? Both - CoinDesk
A new international rule requiring digital asset operators to report transactions could spilt the crypto industry in two, argue two researchers.
Trump’s Empty Bitcoin Threat; PayPal Prepping For Crypto Trading
Bitcoin had another calm week despite the expiration of nearly $1 billion worth of bitcoin options on Friday.