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- 2023-09-28
2023-09-28
♟️ Gensler's Stance: Is Pikachu a Stock?
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Good morning, beautiful people,Another day, another dollar...but not for Trump! 🤣🤣
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Let's hit it!
🦖 Kraken's Evolution
🧩 SEC's Pokémon Puzzle
🎮 Gaming Meets Crypto
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🤿 Kraken's Bold Move: Diving Beyond Crypto Waters
In a strategy reminiscent of fish evolving to explore land, Kraken is looking beyond its cryptocurrency pond.
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After 12 years of swimming confidently in the crypto ocean, Kraken is casting its net towards a new territory: U.S. and U.K. stock and ETF trading.After all the negative activity towards exchanges recently, this is probably a savvy move! 🤔Beginning 2024, Kraken plans to dive into these new waters under the moniker 'Kraken Securities'.While they've anchored their U.K. license, they await U.S. green lights. Once it's all shipshape, Kraken users can expect a seamless portfolio view combining crypto, stocks, and ETFs.This isn't their only expansion - a custodian service for the big institutional fish is also on the horizon.It's great when you catch a fish, but landing a giant beast or two, is always a bonus! 🎣But Kraken isn't alone in these waters. They're swimming up against big ones like Robinhood and Public.com.It's a competitive ocean out there, and Kraken is showing it’s not just a one-sea creature.
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🤐 Pokémon Cards: Plaything or Security? Gensler Weighs In
In the intricate world of Pokémon, evolving a critter changes its nature. But does tokenizing a Pokémon card evolve its financial status?
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SEC Chair Gary Gensler tackled this puzzler in a U.S. House Committee session.
Excellent use of your time, Gary! 🙄
Facing probing questions from Representative Ritchie Torres, Gensler confirmed the obvious: buying Pikachu at your local store isn't a security transaction.
Yet, when Torres threw a curveball – what if Pikachu's card gets tokenized into an NFT? – Gensler's certainty wavered, suggesting he'd need to dive deeper.
Enter the Howey Test, the SEC's tool for identifying investment contracts. Gensler hinted that if profits from a token depend on others' efforts, it might fit the test.
Torres, not feeling the clarity, criticized Gensler's answers as foggy, implying a crypto bias.
But foggy is what GG does best...😶🌫️
In this game of cards and cryptos, the rules seem ever-evolving. Who's ready for the next round?
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Xbox Eyes Cryptocurrency? Microsoft's Secret Wallet Blueprint Unveiled
Combine the thrill of gaming with the allure of cryptocurrency, and what do you get?
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A next-gen Xbox with crypto capabilities, perhaps!Unredacted documents from an FTC case unveiled Microsoft's intriguing roadmap: an Xbox crypto wallet.How's that for leveling up? The juicy details, sourced from a May 2022 internal presentation, hint at integrating a "crypto wallet" feature within the forthcoming Xbox console ecosystem.The evolution of Play to Earn (P2E) Ladies and Gentlemen 🐬Picture this: Gamers trading their virtual coins for in-game goodies, from weapons to wardrobes. And the kicker? This wouldn't be just any crypto solution but a distinctly "Xbox/Microsoft" one.Web2 into Web3....blah blah blah...🙊No word yet on whether Microsoft's elves are crafting this wallet or if they're cozying up with crypto giants like MetaMask.With Xbox losing ground to PlayStation in recent years, is this going to be "game on" or "game over"? Stay tuned!
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DailyCoin Daily Meme
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US Government Shutdown Imminent. How Will It Impact Crypto?
Panic over government shutdowns is nothing new in the U.S., as heated debates over government spending often drag on late...
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Binance Europe in Trouble: Should Users Consider Jumping Ship?
Binance confirmed it could no longer convert EUR deposits to crypto. The news comes after Paysafe, Binance’s...
BIS Head Bemoans Crypto and Stablecoins as Phony Money
Bank of International Settlements (BIS) general manager Agustín Carstens recently re-emphasized that CBDCs are...
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