In your face! Gotta love crypto tweets cuz they really don’t hold back and can sure as hell be alot more colorful than I ever can. It’s not like we needed the confirmation but a rubber seal from a US court of law is closure enough I’d say. #Faketoshi’s entire testimony was thrown out after being called out (multiple times) for falsifying evidence and. He’s been ordered to dish out 50% of all mined bitcoin to his late partner’s brother. The BSV camp has actually somehow managed to turn this around into yet another campaign that he is in fact the OG.
They must be paid some serious coin to sell their souls but seriously, WTF?
BSV has slipped just -5.5% since the verdict. Proper market-making and a combination of noone-owns-it seems to be serving the shitcoin well. It’s unfortunate to see $2.4bn believers still clinging on… hopefully they come to their senses.
The Swiss are on the front foot with her Financial Market Supervisory Authority (FINMA) released blockchain payment guidelines essentially barring VASPs to only send and receive crypto from verified users vetted by themselves or other fellow VASPs. No way to regulate transactions on-chain so they’re guarding the on/off-ramps. Nice. The regulator also issued banking and securities dealer licenses to Seba Crypto AG & Sygnum. Brazil’s Central Bank was also toeing the line as they adopt IMFs guidelines and have announced crypto holdings be classified as goods i.e. non-financial products while candidate for Korea’s Financial Services Committee Eun, Sung Soo has submitted a rather cautious stance towards opening the gates for crypto in the country. He did however, mention the need to push the Special Financial Information Act through before FATF regulations became effective. Unlikely the Korean government will be spearheading any initiatives in the space. Expect them to remain policy takers and abide by whatever comes out international standards.
The Australian Securities Exchange remains at the vanguard of innovation as they look to replace CHESS — the bourse’s clearing mechanism — with a DLT based solution with Digital Asset & VMware.
A few positive soundbites on #RealLifeUseCases.
- BInance new listings: Dent ($DENT) -21.9%, Mainframe ($MFT) +5.5%, Selfkey ($KEY) -7.1%, Storm ($STORM) -12.4%, Dock ($DOCK) -9.1%, Wanchain ($WAN) -3.5%, FunFair ($FUN) -8.6%, Civic ($CVC) -1.2%. Separately the exchange adds lending capabilities for Binance Coin ($BNB) -4.8%; Tether ($USDT) -0.5% & Ethereum Classic ($ETC) -1.1%
- NULS ($NULS) -7.3% completes 2.0 mainnet upgrade.
- WEGBank receives license to trade and custody cryptocurrencies in Estonia.
May the trend be your friend… Happy trading!
