Tether has been the most recent crypto that has been adopted. Kevin Durant releasing NFTs on coinbase. The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories.
Top gains / losses (market update): 1:50
- Solana (17.33%)
- ADA (6.98%)
- Polkadot (26.84%)
IMF wants global crypto policy: 6:30
- IMF chief economist called for a global policy to be put in place that will regulate instead of banning it. (link)
- If countries were to ban crypto they would not have control over offshore exchanges
Jerome Powell wants regulation: 11:12
- Fed Jerome Powell, stablecoins can be useful if regulated (link)
- Does not see cryptocurrencies as a financial stability concern for U.S. markets
- Crypto has the potential to scale is they were to be associated with one of the very large tech networks that exists.
Janet Yellen dont know what a broker is apparently: 16:10
- She was asked to clarify the language in the infrastructure signed into law by Joe Biden
- Urged to provide a set of rules clarifying the definition of a broker (link)
- Timeline requested to be latest the end of the year
Thailand to define crypto ‘red lines’ to ‘protect investor’ : 20:36
- Bank of Thailand will release a consultation paper in January that will define ‘red lines’
- Want to strike the right balance between allowing financial innovation and managing risks (link)
Tether x Myanmar: 24:59
- Tether praised Myanmar for using USDT as an official currency (link)
- Points to long standing confidence with the US dollar
Adidas debut NFT collection: 36:45
- Partnered with Bored Ape Yacht Club, G Money, and PUNKS comics (link)
KD coinbase NFTs: 38:08
- Thirty-five venturess will work jointly with coinbase to create NFTs (link)
- Will be a philanthropic integration with the KD charity foundation
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