Daily Crypto News | 07.12.2020
1- Bittrex Exchange announced their tokenized stocks listing, users are now able to buy fractions of a share 24/7. Tokenized stocks included are Tesla, Apple, Netflix, Alibaba, Biontech, Pfizer, Google, S&P 500.
2- Japanese privately held companies LayerX and IDx is working collaboratively on a blockchain voting system to be used in Kaga city.
3- Second largest bank of Spain, BBVA is launching their crypto services, first to be offered in Switzerland.
4- Treasury Department made a public statement, saying: “There is strong support across the G7 on the need to regulate digital currencies.”
5- Bank of Russia chairperson Elvira Nabiullina had given the following statement regarding CBDCs: “This is a natural move in the financial system development: Financial intermediaries should become less burdensome for the economy and earn money with new products and services instead of profiting from their monopoly and lack of alternatives. […] We believe that small- and medium-sized businesses should definitely benefit from this.”
6- ECB executive Holger Neuhaus claimed 2021 would be the investigation phase for eurozone CBDC.
7- Thailand’s tax collection agency The Excise Department will be using blockchain technology to streamline tax payments.
8- German Minister of Finance Olaf Scholz said: “A wolf in sheep’s clothing is still a wolf”, referring to Libra’s re-branding to Diem.
9- Standard Chartered Bank and the UnionBank of the Philippines announced that they have completed a proof-of-concept for tokenization of $187M worth of Philippines peso, using blockchain technology.
10- Singapore’s National Research Foundation invest $9M to develop commercial applications of blockchain technology.
11- BiLira, Turkish lira backed stablecoin is moving to the Cornell University’s Turkish Professor Emin Gün Sirer’s Avalanche.
12- Grayscale Investments Ethereum Investment Trust’s daily volume had seen its all time high with $24.6M on November 2020.
13- Coinbase announced that they will be listing Filecoin.
14- Snowden tweeted: “Today I learned the dollar has lost 99.93% of its value since 2013 (relative to Bitcoin).”
15- By the French court, Alexander Vinnik is sentenced to 5 years of prison and a fine of €100K for his involvement at BTC-e and money laundering.
16- With their 2.0 launch, Blockstack’s $STX token can be transformed from security status to a commodity.
17- Abra is expanding their crypto banking services to 150 countries.
18- BBC and Reality Gaming Group are launching Doctor Who trading card NFTs. Packs can be purchased using Mastercard, Visa, PayPal and cryptocurrencies via Coinify.
19- 11th season of the TV series Shameless’ premiere mentions Bitcoin, Tether and ethereum.
20- Bitcoin is down 0.2% at $19,111.
21- Nexo (NEXO) is the highest gainer in top 100 list with a 17.0% daily profit.
22- Ocean Protocol (OCEAN) is the highest loser in top 100 list with a 4.9% daily loss.