2021-12-14

Daily Digest – December 14th

• Bitcoin’s downward slide from its all-time high extends into fifth week.

• BBVA adds ETH support, Germany’s savings bank considers crypto wallet, HSBC, and Wells Fargo to settle FX with blockchain, IMF calls for global regulation.

• Why Musk prioritizes Dogecoin over Bitcoin, SHIB and Doge listed on Indian exchange.

• Myanmar takes USDT as official currency, the delisting of XRP continues.

• Nike acquires virtual sneaker creator RTFKT in metaverse push.

U.S. Senate Takes a Whack at Stablecoins During Today’s Banking Committee Hearing

The U.S. Senate’s Banking, Housing and Urban Affairs Committee is holding a hearing today that will focus on stablecoins and, most likely, the broader cryptocurrency space. The session has been organized by Sen. Sherrod Brown (D-OH), who is Chairman of the banking committee.

Sen. Brown’s hearing – Stablecoins: How do they work, how are they used, and what are their risks? – will be streamed on the senate’s website beginning at 10 am ET. It comes less than a week after the House Committee on Financial Services held its own cryptocurrency hearing last Wednesday...

Kanye West’s Unreleased Track Sold as an NFT

The collection of leaked songs titled ‘2044: The Lost Kanye Files’ goes back to the days when Keyon Christ was Kanye West’s producer...

Elon Musk Explains Why He Prioritizes Dogecoin Over Bitcoin for Transactions

Musk, who has been named Time Magazine's Person of the Year, explained that Dogecoin is better suited for transactions.

BBVA Switzerland Becomes the First European Traditional Bank to Add ETH Support

Bitcoin, the world’s largest cryptocurrency, has enjoyed its first-mover advantage for many years, and has long been the preferred asset for financial institutions looking to venture into the cryptoverse.However, in a change of fortunes, the Swiss division of Spanish banking giant, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the addition of Ethereum, the second-largest cryptocurrency, to its product line...

We chat to Carnomaly, a new project utilising blockchain technology and cryptocurrency to benefit every car owner and potential car owner out there. The new service will assist in finding auto loans, selling your car and more, with all the perks of blockchain solutions. 

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,Tadas