{"id":1509,"date":"2020-12-23T14:48:28","date_gmt":"2020-12-23T22:48:28","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1509"},"modified":"2020-12-23T14:48:28","modified_gmt":"2020-12-23T22:48:28","slug":"december-2020-weekly-recap-3","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/12\/23\/december-2020-weekly-recap-3\/","title":{"rendered":"December 2020 &#8211; Weekly Recap 3"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">December 7th, 2020 - December 14th, 2020<\/pre>\n<p>Welcome to our 2nd weekly recap for December.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<h2><img loading=\"lazy\" class=\"alignnone size-full wp-image-1510\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4.png\" alt=\"\" width=\"2600\" height=\"1600\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4.png 2600w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4-2048x1260.png 2048w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/dec-4-260x160.png 260w\" sizes=\"(max-width: 2600px) 100vw, 2600px\" \/><\/h2>\n<h2>Crypto News<\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/bitcoin-fund-starts-trading-on-canadas-largest-stock-exchange\">[1] Bitcoin Fund Starts Trading on Canada&#8217;s Largest Stock Exchange<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<div class=\"intro-text\" data-block_5fce5a2390270=\"\">\n<p>According to its Dec. 16\u00a0<a href=\"https:\/\/www.businesswire.com\/news\/home\/20201216005616\/en\/CI-Global-Asset-Management-completes-US72-million-initial-public-offering-for-CI-Galaxy-Bitcoin-Fund\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">press release<\/a>, CI Global Asset Management\u00a0has wrapped up the initial public offering (IPO) of its CI Galaxy Bitcoin Fund.<\/p>\n<\/div>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/beincrypto.com\/cme-group-launching-ether-futures-in-early-2021\/\">[2] The CME Group to Launch Ether Futures in Early 2021<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>The CME Group, a global markets company, and the world\u2019s largest financial derivatives exchange, has announced that it will be launching Ether futures contracts for institutional traders.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cryptobriefing.com\/germany-legalizes-blockchain-securities\/\">[3] Germany Legalizes Blockchain-Based Securities<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Germany has passed a law that allows electronic securities to be recorded on a blockchain, according to reports from Reuters.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/www.cryptoninjas.net\/2020\/12\/16\/crypto-exchange-kraken-to-integrate-bitcoins-lightning-network\/\">[4] Crypto exchange Kraken to integrate Bitcoin\u2019s Lightning Network<\/a><a href=\"https:\/\/btcmanager.com\/iota-partners-pantos-european-blockchain-rd-lab\/?utm_source=onesignal&amp;utm_medium=push&amp;utm_campaign=push%notification\"><br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Popular bitcoin exchange company Kraken, today announced new investments and forthcoming features designed to bring the benefits of Bitcoin\u2019s Lightning Network to its global exchange.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/breaking-coinbase-files-with-sec-to-go-public\">[5] Coinbase Files with SEC to Go Public<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Cryptocurrency exchange Coinbase has confidentially filed a registration statement with the U.S. Securities and Exchange Commission (SEC).<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/decrypt.co\/52021\/us-treasury-apply-bank-secrecy-act-rules-crypto-wallets\">[6] US Treasury to Apply Bank Secrecy Act Rules to Crypto Wallets<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>After weeks of speculation that the Treasury Department was working on regulations that would affect crypto wallets, the Financial Crimes Enforcement Network (FinCEN) today issued proposed rules that would &#8220;require banks and money service businesses (&#8216;MSBs&#8217;) to submit reports, keep records, and verify the identity of customers&#8221; who make crypto transactions into unhosted (read: private) wallets.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/dailyhodl.com\/2020\/12\/19\/us-treasury-proposes-new-rules-regulating-bitcoin-and-cryptocurrency-transactions\/\">[7] US Treasury Proposes New Rules Regulating Bitcoin and Cryptocurrency Transactions<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>The Financial Crimes Enforcement Network (FinCEN), an agency of the US Treasury Department, has proposed a new set of rules that would require financial institutions to keep a record of certain transactions sent to private cryptocurrency wallets.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/cryptobriefing.com\/facebook-amazon-netflix-google-stocks-available-defi\/\">[8] Facebook, Amazon, Netflix, and Google Stocks Now Available in DeFi<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>The Binance-backed exchange has added decentralized stock trading for Big Tech mainstays Facebook, Amazon, Netflix and Google. The update is the result of a partnership with Terra and Band Protocol.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/u.today\/microstrategy-acquires-another-650-million-worth-of-bitcoin\">[8] MicroStrategy Acquires Another $650 Million Worth of Bitcoin<br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>As per the latest tweet by CEO Michael Saylor, his business software giant MicroStrategy has just acquired another massive lump of Bitcoin\u201429,646 Bitcoins worth a whopping $650 million raised recently from investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap December 7th, 2020 &#8211; December 14th, 2020 Welcome to our 2nd weekly recap for December. Overview\u00a0 Crypto News &nbsp; [1] Bitcoin Fund Starts Trading on Canada&#8217;s Largest Stock Exchange According to its Dec. 16\u00a0press release, CI Global Asset Management\u00a0has wrapped up the initial public offering (IPO) of its CI Galaxy Bitcoin Fund. [2]<\/p>\n","protected":false},"author":4,"featured_media":489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,52],"tags":[81,91,92,89,87,88,94],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2019\/08\/cryptocurrency-aleh-tsyvinski-ynews.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>December 2020 - Weekly Recap 3 &bull; SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2020\/12\/23\/december-2020-weekly-recap-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December 2020 - Weekly Recap 3 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap December 7th, 2020 - December 14th, 2020 Welcome to our 2nd weekly recap for December. 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