The token with the highest daily and monthly trading volume is Tether, whose market capitalization is more than 30 times smaller. Tether’s volume surpassed that of Bitcoin’s for the first time in April and has consistently exceeded it since early August at about $21 billion per day.
TABB Group director of fintech research Monica Summerville looks at the developing regulatory framework for cryptoassets and the future of tokenization.
UK-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America.
“There is a need to update antitrust laws for the Digital Age, introducing better analytical tools to take into account the impact of potential and nascent competitors, and to deliver enforcement that protects competition on the merits, and prevents exclusionary conduct.”
The Venezuelan government is activating cryptocurrency payments methods to circumvent the international restrictions imposed on it.
LedgerX executives claim the U.S. Commodity Futures Trading Commission (CFTC) is treating them unfairly – because of a blog post.
Ethereum briefly passed Bitcoin in one key area last week: total daily USD-denominated transaction fees. In fact, Ethereum miners collected more in fees than Bitcoin miners on this past Saturday and Sunday too, according to Coin Metrics.
There is a rift emerging in the crypto sector. California’s AB 1489 (the “CA Act”) which is modeled on the Uniform Law Commission’s (ULC’s) Uniform Regulation of Virtual Currency Businesses Act (the “Model Act”) seeks to regulate companies engaged in virtual currency business activity. Not everyone is on board.
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The Kiffmeister is a former Senior Financial Sector Expert at the International Monetary Fund.
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