Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
Financial
South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year.
Decentralized Exchange Uniswap Expands to Bitcoin Sidechain Rootstock
Uniswap version 3 (v3) has been deployed on Rootstock by GFX Labs, the team behind trading terminal Oku
First Mover Americas: Bitcoin Slips to $42K From Last Week’s Yearly High
The latest price moves in crypto markets in context for Dec. 11, 2023.
Cathie Wood’s ARK Invest Sells $49.2M Worth of Coinbase Shares
ARK has been consistently selling Coinbase stock in recent weeks. Friday’s is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed’s benchmark interest-rate range is currently 5.25% to 5.5%.
Asset Manager M&G Invests $20M in UK-Based Crypto Platform GFO-X
Küresel Futures & Options Holdings is the UK’s first FCA-regulated and centrally cleared trading venue for cryptocurrency derivatives.
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also looking at tokenization, and is involved in the Euro Token project overseen by the innovation center of the Bank of Italy.
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX.
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.