During the 40th week of this year, cryptocurrency prices attempted yet another resistance break, yet they were quickly slowed down by several worldwide events

The German banking giant bats for CBDCs in making and notes that they would be crucial for global trade in the future.

CFTC has accused BitMEX of illegally offering crypto derivative transactions at high leverage to its customers without actually registering with the regulator and failing to implement key safeguards on the platform.

The Q3 2020 has been Bitcoin’s best third-quarter in its history as the world largest cryptocurrency forms a strong base above $10,000.

The Spadina testnet is a pre-launch arrangement for testing the deposits and launch tools before the actual launch of Ethereum 2.0 mainnet.

Uniswap becomes the first DeFi token to cross $2 billion in total value locked surpassing MakerDAO.

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.

Hester Pierce said there is a need of the regulatory safe harbour serving the best interest of investors and the SEC without stifling innovation.

Regulatory body CSBS announced that they aim to bring a common money transmitter license for businesses valid across all state of U.S. thereby streamlining the entire process for financial companies including crypto firms.

The EU member states have called for strict laws that uphold the sovereignty of the region’s monetary policies while protecting its citizens.

The EU member states have called for strict laws that uphold the sovereignty of the region’s monetary policies while protecting its citizens.