In this week’s digest, we explore key developments in the world of finance and blockchain. The Bank for International Settlements (BIS) has released a significant study, shedding light on current trends in global banking and financial systems. Meanwhile, Mastercard and JPMorgan have partnered to bring cross-border payments to the blockchain, signaling a major leap forward in the adoption of digital currencies for international transactions. On the crypto front, there are rumors that Trump Media may be considering a crypto payment service, which could reshape how digital payments are integrated into media platforms. In regulatory news, SEC Chairman Gary Gensler will step down from his position on January 20, leaving the future of U.S. crypto regulations uncertain. Finally, researchers have proposed a new theory about the elusive Satoshi Nakamoto, suggesting that the creator of Bitcoin may still be actively using early Bitcoin wallets, adding intrigue to the mystery of Bitcoin’s origins. Stay tuned for more in-depth analysis.
Review of the past week:
| November 19, 2024 |
The Bank for International Settlements (BIS) has published a study. The analysis showed that liquidity is mainly concentrated among institutional investors. Read more |
| November 21, 2024 |
Mastercard and JPMorgan Link Up to Bring Cross-Border Payments on the Blockchain. Mastercard’s Multi-Token Network (MTN) is joining forces with the bank’s Kinexys Digital Payments unit, the recent rebranding of JPM Coin. Read more |
| November 21, 2024 | Trump Media May Be Mulling a Crypto Payment Service.
There were few details in the application about how the project would work and how close it was to implementation. Read more |
| November 21, 2024 | SEC Chair Gensler to Depart Agency on January 20.
Gensler implemented reforms to enhance efficiency, resiliency, and integrity in U.S. capital markets; agency held wrongdoers accountable and returned billions to harmed investors. Read more |
| November 25, 2024 |
Researchers have proposed a new theory about Satoshi Nakamoto: the creator of BTC may be continuing to actively use his early wallets. Since 2019, significant amounts have been periodically sold from several addresses created in 2010 and containing 50 BTC each. Read more |
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Best regards,
FYBIT team
