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.

Japanese financial giant SBI acquires TaoTao crypto exchange
The new acquisition might apparently be a reason for Binance’s failed negotiations with TaoTao.
Coinbase’s ‘Apolitical’ Stance Isn’t Nearly as Simple as It Sounds - CoinDesk
Coinbase raises important questions about employee activism, plus what the BitMEX indictments say about the future of crypto.
UK Bans Sale of Crypto Derivatives to Retail Investors from January 2021 | News Bitcoin News
The U.K.’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will
Andreessen Horowitz Publishes ‘Crypto Startup School’ Documentary | Finance Bitcoin News
The California-based private American venture capital firm, Andreessen Horowitz, has published a documentary called “Crypto Startup School.”
Tim Draper Leads Targeted $5M Series A for India Crypto Exchange Unocoin - CoinDesk
Noted bitcoin investor Tim Draper is backing a planned $5 million Series A funding round for India-based cryptocurrency exchange Unocoin.
Belgian investors lost $12M to crypto and forex scams last year
Belgium’s Federal Public Service estimated in 2018 that investors lose about $152M to crypto scams annually
The DOJ Takes Aim at Privacy in New Crypto Framework - CoinDesk
The U.S. Department of Justice took aim at privacy-enhancing tools and advocated for international enforcement in its new crypto framework.
75 crypto exchanges have closed down so far in 2020
Crypto exchanges are disappearing at a faster rate in 2020 than previous years.
Former Morgan Stanley exec joins Gemini crypto exchange
Gemini exchange continues to strengthen its global expansion strategy.
U.S. Department Of Justice Reveals Growing Bitcoin And Crypto National Security Threat Could Herald ‘Oncoming Storm’
The U.S. Department of Justice (DOJ) has warned the emergence of bitcoin and similar cryptocurrencies is a growing threat to U.S. national security, with the attorney general William Barr’s Cyber-Digital Task Force calling it the “first raindrops of an oncoming storm”...
SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk-Avoidance: Peirce - CoinDesk
Increased interest in the crypto space will necessitate a more-accommodative stance, the commissioner predicted.
Crypto banks are going to swallow fiat banks in 3 years — or even less
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto.
CME Sounding Out Crypto Traders to Gauge Market Demand for Ether Futures, Options - CoinDesk
The largest U.S. regulated market for bitcoin futures has been sounding out cryptocurrency traders to gauge their interest in a listing of futures and options on the Ethereum blockchain’s native tokens.