RABIT Weekly news (W1 Feb 2022)

RABIT Weekly news (W1 Feb 2022)
  • U.S. Republican Congressman Patrick McHenry to Financial Services Committee Chairwoman Maxine Waters in open letter:
    • “Should not cede important issues of crypto regulation to regulators such as SEC or CFTC”
    • “Neither SEC or CFTC positions on digital assets is based in statute”
  • Top 100 whales’ wallet holdings increased by 90,000 BTC in recent decline
  • FTX readies VISA debit card for users to spend crypto balances
  • Grayscale’s BTC holdings down by 111 BTC
  • Charles Schwab ($7.5 trillion internet bank and asset manager) considering crypto-related ETF
  • Kazakhstan’s hash rate drops as internet blackout persists, power supply to be temporarily suspended until January 31st.
  • Atomic Form, a full stack solution for NFTs and digital media, announces seed round funding from leading investors in the blockchain space including Samsung Next
  • Warner Music Group partners with The Sandbox for virtual concert venue
  • Google currently exploring enabling Cloud customers to make and receive payments using cryptocurrencies

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