December 2020 – Weekly Recap 4

Weekly Recap

December 21st, 2020 - December 28th, 2020

Welcome to our 4th weekly recap for December.

Overview 

Crypto News

 

In a new statement from the Securities and Exchange Commission (SEC), the U.S. securities regulator says it won’t bring enforcement actions against broker-dealers of digital asset securities that meet a number of requirements during the next five years.

The CME Group, a global markets company, and the world’s largest financial derivatives exchange, has announced that it will be launching Ether futures contracts for institutional traders.

Depending on your view, a devastating blow has been dealt to crypto, or a much-needed purge is in progress due to the SEC suing Ripple and two of its top executives for selling XRP tokens which the regulator claims were unregistered securities.

Elad Roisman has been appointed to chair the U.S. Securities and Exchange Commission (SEC), according to a tweet shared by Commissioner Hester Peirce.

The world’s biggest crypto cryptocurrency, Bitcoin, has exceeded the Visa payment giant by the market capitalization value.

In light of the U.S. Securities and Exchange Commission’s (SEC) impending lawsuit against Ripple, some crypto exchanges have either halted trading for XRP and/or dropped the asset from their platform entirely.

BlackRock, the world’s biggest investment manager with some $8 trillion in assets under management, is looking for a Blockchain Lead in their investments division in New York.

Leave a Reply

Your email address will not be published. Required fields are marked *