bitcoin
Bitcoin (BTC) $ 43,601.00 8.45%
ethereum
Ethereum (ETH) $ 3,042.36 11.89%
cardano
Cardano (ADA) $ 2.24 14.59%
tether
Tether (USDT) $ 1.00 0.93%
binance-coin
Binance Coin (BNB) $ 377.68 10.31%
xrp
XRP (XRP) $ 0.994036 15.25%
solana
Solana (SOL) $ 148.50 24.30%
polkadot
Polkadot (DOT) $ 31.59 21.82%
usd-coin
USD Coin (USDC) $ 1.00 1.04%
dogecoin
Dogecoin (DOGE) $ 0.227542 14.20%
avalanche-2
Avalanche (AVAX) $ 71.20 25.92%
terra-luna
Terra (LUNA) $ 33.00 34.41%
binance-usd
Binance USD (BUSD) $ 1.00 1.42%
uniswap
Uniswap (UNI) $ 21.38 13.87%
chainlink
Chainlink (LINK) $ 24.23 13.72%
cosmos
Cosmos (ATOM) $ 39.11 31.79%
litecoin
Litecoin (LTC) $ 160.24 8.08%
algorand
Algorand (ALGO) $ 1.86 20.41%
bitcoin-cash
Bitcoin Cash (BCH) $ 544.22 7.68%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 43,553.00 7.97%
internet-computer
Internet Computer (ICP) $ 50.91 19.10%
filecoin
Filecoin (FIL) $ 74.38 6.49%
matic-network
Polygon (MATIC) $ 1.21 16.46%
tron
TRON (TRX) $ 0.098217 10.50%
stellar
Stellar (XLM) $ 0.293789 11.20%
ftx-token
FTX Token (FTT) $ 56.79 16.45%
ethereum-classic
Ethereum Classic (ETC) $ 50.91 11.44%
vechain
VeChain (VET) $ 0.098508 14.24%
dai
Dai (DAI) $ 1.00 1.08%
compound-ether
cETH (CETH) $ 60.88 11.17%
theta-token
Theta Network (THETA) $ 5.61 11.29%
tezos
Tezos (XTZ) $ 5.54 20.93%
elrond-erd-2
Elrond (EGLD) $ 232.48 22.34%
okb
OKB (OKB) $ 17.09 4.23%
bitcoin-cash-abc-2
Bitcoin Cash ABC (BCHA) $ 242.36 14.92%
pancakeswap-token
PancakeSwap (CAKE) $ 20.05 13.31%
compound-usd-coin
cUSDC (CUSDC) $ 0.022183 1.10%
ecash
eCash (XEC) $ 0.000232 17.29%
monero
Monero (XMR) $ 240.34 11.55%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.166802 10.24%
quant-network
Quant (QNT) $ 314.17 21.39%
eos
EOS (EOS) $ 4.30 11.91%
cdai
cDAI (CDAI) $ 0.021642 1.13%
aave
Aave (AAVE) $ 298.72 12.56%
staked-ether
Lido Staked Ether (STETH) $ 3,008.49 11.25%
hedera-hashgraph
Hedera Hashgraph (HBAR) $ 0.373176 25.87%
iota
IOTA (MIOTA) $ 1.35 13.12%
the-graph
The Graph (GRT) $ 0.730768 14.29%
shiba-inu
Shiba Inu (SHIB) $ 0.000007 9.22%
axie-infinity
Axie Infinity (AXS) $ 61.19 23.19%
Those who believe in Bitcoin also believe in intelligence.
11

Law Decoded: The aftermath of El Salvador’s pioneering move, Sept. 6-13

Cointelegraph’s law & policy newsletter is back with a discussion of El Salvador’s effects, Coinbase’s woes, and the digital euro’s prospects.

Too much is happening in the realm of crypto policy and regulation to leave the biggest developments of each week without a roundup and at least some conceptual reflection. Starting today, we are getting back to decoding crypto law and everything around it that is worth decoding.

Who’s next to follow El Salvador?

Eyeballs galore will be pinned to the great Salvadoran experiment from now on. People with PhDs in economics and applied statistics within central banks and research institutes will chase every accessible data point that could be remotely helpful in making sense of the effects of Bitcoin’s adoption as legal tender.

Obviously, not many nation states are poised to follow suit in the foreseeable future, but there are plenty lessons to be learned for states on every step of the global financial food chain.

While the way various jurisdictions process the precedent of El Salvador heavily depends on where they stand in the incumbent monetary order, it has surely spurred virtually everyone’s thinking on crypto regulation and CBDC deployment, and legalizing cryptocurrency payments.

Regulators behaving sketchy

Much of Coinbase’s chagrin seems to boil down to the fact that the SEC’s scrutiny fell on them rather than competitors who’d had similar lending products operating for months. There is case to be made, however, that for the industry it could be a good thing if the precedent-setting clash on the matter of crypto lending programs takes place between the SEC and Coinbase.

Diem struggles, digital euro doing fine

Facebook reportedly continues the lobbying effort to advance its longstanding plan of launching a private stablecoin, Diem. The effort, however, faces powerful opposition among officials in Treasury and Congress.

To read the full version of this newsletter, subscribe to our mailing list.

Source link

Related Posts

Leave a Reply