This Week in Crypto (Week 49)

On Monday...

• According to Clark Moody Bitcoin Dashboard data, over 90% of the total amount of Bitcoin that will ever exist has already been mined.
• Credit card giant Visa opened an entirely new division designed to provide cryptocurrency advisory services to interested companies.
• Mubadala Investment Company’s CEO and Managing Director Khaldoon Al Mubarak revealed crypto expansion plans. 

On Tuesday…

• Cryptocurrency is the most popular theme amongst Reddit users this year, with a record-breaking 6.6 million mentions.
• NGO WikiLeaks received $2.2 million worth of donations in crypto.
• Switzerland’s largest online bank, Swissquote, announces plans to launch a cryptocurrency exchange early next year to meet clients’ surging demand for digital assets.

On Wednesday…

• German savings banks plan to allow customers to invest in major digital currencies like Bitcoin and Ether directly from checking accounts.
• Wells Fargo partners with HSBC to settle bilateral foreign exchange (FX) transactions with its blockchain tools.
• Bank of Thailand planned to publish guidelines for crypto regulations.

On Thursday…

• Ukraine’s Central Bank announces they will use the Stellar blockchain to pilot an electronic version of the hryvnia, the national currency of Ukraine.
• Another class-action lawsuit has was filed against Tether.
• South Africa plans to introduce cryptocurrency regulations in early 2022.
• The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country.

On Friday…

• Six U.S. senators urge the Treasury to expedite rulemaking on cryptocurrencies.
• Myanmar’s Parallel Government elevated USDT to official currency to ease payments.
• Kazakhstan explores the feasibility of a central bank digital currency (CBDC).
• Consensys collaborates with Mastercard to offer scalability solutions.
• IMF chief economist Gita Gopinath calls for a global policy on cryptocurrency.

For more information on these stories, visit:

https://coinnounce.com/90-of-all-bitcoins-have-already-been-mined/

https://www.livebitcoinnews.com/visa-is-establishing-a-whole-new-crypto-division/

https://cryptopotato.com/mubadala-investment-companys-ceo-reveals-crypto-expansion-plans/

https://www.livebitcoinnews.com/reddit-says-cryptocurrency-most-popular-term-on-its-platform

https://cryptopotato.com/wikileaks-has-received-2-2-million-worth-of-donations-in-crypto

https://cryptopotato.com/switzerlands-largest-online-bank-plans-to-launch-crypto-exchange-next-year/

https://cointelegraph.com/news/german-savings-banks-want-to-enable-bitcoin-for-50m-clients-report

https://cointelegraph.com/news/wells-fargo-partners-with-hsbc-to-settle-fx-transactions-using-blockchain

https://coinnounce.com/bank-of-thailand-to-soon-publish-guidelines-for-crypto-regulations

https://decrypt.co/88221/ukraines-central-bank-runs-digital-currency-pilot-using-stellar

https://decrypt.co/88250/tether-accused-unlawful-deceptive-practice-class-action-lawsuit

https://chaintimes.com/south-africa-to-introduce-cryptocurrency-regulations-in-early-2022/

https://cryptobriefing.com/senators-urge-treasury-to-set-crypto-rules/

https://news.bitcoin.com/tanzanian-central-bank-governor-cryptocurrencies-not-outlawed-traders-should-invest-at-own-risk/

https://zycrypto.com/myanmars-parallel-government-elevates-usdt-to-official-currency-to-ease-payments/

https://coinnounce.com/kazakhstan-is-exploring-the-feasibility-of-a-cbdc/

https://blockworks.co/permissioned-blockchain-offers-scalability-and-privacy