Blockchain Bites: CENTRE's Blacklist, Brazil's Stablecoin Boom and Coinbase Is Going Public?

gepubliceerd op by Coindesk | gepubliceerd op

Coinbase is said to be preparing to go public, CENTRE blasklisted a decentralized address and U.S. sanctions on China could trickle down to crypto brokerages.

You're reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they're significant.

Coinbase Listing?Coinbase is reportedly preparing to list on the U.S. stock market sometime in early 2021, according to a Reuters report.

Rather than spawning a Bitcoin Utopia, so far the cryptocurrency trend has further aligned Brazil with the U.S. dollar, in part due to the faltering Brazilian real, which hit a record low against the dollar in May 2020.

The U.S. Senate passed the Hong Kong Autonomy Act on Thursday that could, if enacted, restrict foreign banks and subsidiaries of U.S. banks in Hong Kong from accessing the U.S. dollar system.

China's Ministry of Public Security said Wenzhou police arrested 10 individuals suspected of advertising a blockchain smart contract that claimed to generate Huobi Tokens, Huobi exchange's own crypto, that promised returns of 8%, one victim said.

The CFTC will develop a "Holistic framework" for crypto assets by 2024.The London Stock Exchange Group added 169 digital assets to its SEDOL Masterfile service, a global database used to tag and track securities and other investable assets.

"The developing world has produced a wealth of community-based systems that rely on shared values to achieve economic empowerment on their own terms. By studying these informal systems of cooperation, we may uncover opportunities for blockchain to improve on existing practices or help to scale positive impact," she writes.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.