RABIT Weekly news (W3 Feb 2022)

  • Singapore state investment fund Temasek eliminates position in Coinbase during 2021
  • Korea Investment Corporation purchases 8,700 shares in Coinbase
  • Valliance Bank partners with Bakkt to enable cryptocurrency exposure
  • CFTC calls for larger authority and budget to supervise cryptocurrency transactions
  • U.S. Treasury Department excludes miners and staking from cryptocurrency taxation.
  • Russian Ministry of Finance to ban cryptocurrency loans, limited transactions still allowed
  • Visa and Mastercard devotes themselves to building NFT payment network
  • Intel to release high-efficiency blockchain mining chips (ASIC) by end of year
  • Bitcoin miners are selling coins in worrying sign of a shakeout
  • Bithumb, Binance to be included in withdrawal exchange
  • UBS, “It will take a long time for U.S. cryptocurrency regulation law to be passed and applied.”
  • Number of BTC wallets reaches 40 million

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