The Weekly News Roundup, ending 27 February 2022

[Sorry for the late posting peeps, but family celebrations get priority. =) ]



I’m keeping this week’s recap short and sweet. The next test of Bitcoin’s use case is being presented to us before one of the largest, real-time global audiences to date, and with the people in authority still pushing forward with increased centralization of control and power, we NEED to be mindful of State-driven threats and overreach. I can’t emphasize that enough.

[Sidenote observation – the Nationstate news is starting to pick up steam. Eyes open.]

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

Be well, Everyone.

QUOTE OF THE WEEK
“The actions of the Canadian federal government has shown the people of the Western world that protection from government censorship and repression isn’t isolated to developing nations- authoritarian actions can happen anywhere, to anyone, at any time on very short notice.”

-Brian Cost, Tiny Crypto Blog

Follow TinyCryptoBlog – Website | YouTube | BitChute | Odysee | Brighteon | Twitter | Minds | Spotify | Facebook | Soundcloud | Medium


Articles on Medium this week

Pieces of my mind on Medium


Podcasts

The Co$t of Crypto Podcast home page


This Week In Twitter



Headlines


Adoption
–UK law firm begins accepting crypto as payment
–California food chain Everbowl allows employees to get paid in bitcoin (see also: Food chain Everbowl adopts bitcoin standard and moves assets into bitcoin)
–Puma registers ENS domain, changes name to Puma.eth on Twitter
–Uphold becomes registered crypto-asset firm in UK post-FCA approval
–BNY Mellon plans to launch digital asset custody platform later this year


CBDC (are just Surveillance Tokens)
–Jamaica Joins The Bahamas And The Eastern Caribbean In Rolling Out Its Central Bank Digital Currency


Company / Product / Project News
–Bitpanda to provide crypto custody with the acquisition of FCA-approved Trustology
–Can crypto be used to prove financial independence for travel visas?


Chatter, Commentary and Opinions
–NY Stock Exchange owner ICE buys stake in tZero security token platform
–MORGAN STANLEY WARNS ETHEREUM COULD LOSE GROUND TO BINANCE, SOLANA, AND CARDANO, MAKING SHIFT TO ‘PROOF OF STAKE’ EVEN MORE URGENT
–Should the US Federal Reserve hold bitcoin as an asset


Crime/Scams
–Appellate court decision allows Bitconnect class action to proceed
–DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme


DeFi


Exchanges
–Gemini joins Coinbase and Block at the Crypto Council for Innovation


Fundraising (keep an eye on these names)


Implementation
–Maple Finance partners with Celsius to launch wETH lending pool
–Here’s how the Thai Stock Exchange plans to connect crypto with its digital asset platform


Metaverse
–Manchester City to build Etihad Stadium in the Metaverse


Mining
–Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining
–Canada to host Bitfury’s new 28-MW crypto mining facility
–US Bitcoin miners expanding operations despite price volatility
–Illinois lawmakers want to attract Bitcoin miners to the state with data center tax incentives
–Georgia punches well above its weight for Bitcoin mining: Report
–Canada to host new 28mw Bitfury mining facility
–New workaround created to unlock additional hashrate for Nvidia RTX series of graphics cards
–Kazakh ministry halts illegal crypto mining operations


Nation States (and other political jursidictions)
–Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’
–Tonga’s timeline for Bitcoin as legal tender and BTC mining with volcanoes
–UKRAINE LEGALIZES BITCOIN
–Bitcoin passes the Canadian trucker protest test
–Tourism in El Salvador up 30% since Bitcoin adoption, minister says


NFT (Tokenization)
–Monster Energy files NFT and metaverse trademark applications


Regulation, Legislation & Legal Matters
–Russia’s Finance Ministry introduces digital currency bill, brushes off central bank’s objections
–Trudeau revokes emergencies act powers, but the case for crypto grows
–Brazil takes first steps to regulate bitcoin
–European Parliament postpones crypto bill vote over proof-of-work
–CA lawmaker introduces legislation to accept crypto as payment for govt services
–EU members reportedly plan for AML watchdog to oversee crypto firms by 2024


Stablecoins
–Stablecoin issuer Circle launches business accounts for USDC transactions
–Total stablecoin supply hits $180 billion: Report
–Tether slashes commercial paper by 21% in latest reserves attestation
–Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
–Crypto Biz: Stablecoins are serious business, Feb. 17–24
-WILL CIRCLE AND TETHER REGIN SUPREME? FEDERAL RESERVE PREDICTS STABLECOIN ISSUER DUOPOLY
–Tether slashes commercial paper by 21% in latest reserves attestation


Taxation


The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
CHECK IT OUT –> https://www.buybitcoinworldwide.com/treasuries/

–Grayscale launches campaign to encourage public comments on Bitcoin ETF application


Time Capsule
–Appellate court decision allows Bitconnect class action to proceed


Outside News


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

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