The Weekly News Roundup, ending 30 January 2022

Lots of news on the regulatory front this week, and twitter was active.

Any comments or suggestions, feel free to reach out – hello @ tinycryptoblog.com

Be well, Everyone.

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Podcasts

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This Week In Twitter



Headlines


Adoption
–Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto […Bakkt?]
–Flushing it: $8B New York commercial bank to offer Bitcoin services #NYDIG


CBDC (are just Surveillance Tokens)
–Bank of Korea completes first phase of digital currency pilot


Company / Product / Project News
–Trezor removes controversial address verification protocol, other wallets follow suit
–Fantom (FTM) Is Now Second-Largest Blockchain Network in DeFi TVL
–Solana Suffers Another Outage, SOL Price 15% Down
–Meta Platforms-Backed Diem Project Looking to Liquidate Its Assets


Chatter, Commentary and Opinions
–Bank of America says stablecoin adoption and CBDC is ‘inevitable’
–Meta goes Brazil to trademark Bitcoin and crypto services
–LeBron James and Crypto.com team up for blockchain education initiative
–Chinese food delivery giant joins CBDC efforts


Crime/Scams
–The biggest crypto heists of all time
–Uniswap founder’s bank account shut down by JP Morgan Chase, shadow-debanking allegations surface


DeFi


DYOR


Exchanges
–Bithumb to block crypto withdrawals to unverified private wallets
–FTX US Raises $400 Million, Valued at $8 Billion


Implementation
–Klarna Launches ‘Buy Now Pay Later’ Physical Card in UK
–BCB Group Conducts UK’s Largest Blockchain-Based Series A Funding Round
–MoonPay Launches World’s First Credit Card Checkout for NFT Purchases (see also “NFT”)


Metaverse
–Meta Introduces AI Research SuperCluster, Develops World’s Fastest Supercomputer
–Fidelity Files Metaverse ETF Application with SEC
–Turkish president orders ruling party to organize metaverse forum


Mining
–Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000 [This is becoming a habit…] See above tweets
–Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq


Nation States (and other political jursidictions)
–Indonesia’s crypto industry in 2021: A kaleidoscope
–First European Politician from Belgium to Accept Bitcoin in His Salary
–Disgraced MP tells Parliament UK can be the ‘home’ of crypto


NFT (Tokenization)
–Paris Hilton says that the metaverse will be the ‘future of partying’
–YouTube CEO hints that NFTs could be added to creator platform
–John Lennon and The Beatles Memorabilia Up for Auction as NFTs
–Reddit to Implement NFT Profile Pic Feature, Conducting Tests


Regulation, Legislation & Legal Matters
–U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster
–Russian finance ministry official calls for crypto regulation, not restriction
–Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
–Thai regulators team up to issue guidelines on digital asset payments
–Germany’s 2021: New regulations, the digital euro and NFTs on the rise
–Fitch says proposed Russia crypto ban eases risks but curbs innovation
–House members urge US treasury secretary to clarify definition of broker in infrastructure law
–SEC reportedly probing crypto lending products by Gemini and Celsius


Taxation
–Coinbase Offers Slew of New Tax Support Features


The Wall Street
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–Fidelity seeks approval for 2 more crypto-metaverse ETFs
–Grayscale Adds LUNA, AVAX and MATIC to Consideration List
–SEC Delays Approval/Rejection Response on ARK 21Shares Bitcoin ETF and Teucrium Bitcoin Futures Fund
–Valkyrie Files Application for Bitcoin Mining ETF with US SEC
–Bitcoin ETF: Giant fund Charles Schwab joins the queue
–


Time Capsule


Outside News


Supply Shocks


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Categories: Adoption News, bitcoin, news, Wall Street, Weekly Headlines

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