RABIT Weekly news (W1 Jan 2022)

Chinese government holding off clampdown on possession and transactions of crypto, but ban may still continue until the winter Olympics
S&P 500 predicts cryptocurrency and DeFi to continue growing in 2022
Mexico’s central bank to launch digital currency by 2024
Korea Federation of Banks Chairman
- Data is exploding in new areas such as virtual assets and metaverses
- The ability to collect and analyze not only existing financial data, but also non-financial data and data generated in virtual spaces with virtual assets is crucial in order to have a competitive edge in the transforming financial industry.
Ray Dalio says he wants to mint an NFT just to experience what it’s like
Jeremy Siegel, Wharton Professor of Finance, “Bitcoin is the new gold for millennials”
Microstrategy acquires 1914 BTC at average price of $49,229, current holdings amount at 124,391 BTC