Highlighting what went right, and what went wrong, in this week’s crypto news analysis. Who knew Black Friday / Cyber Monday sales would extend to crypto? Perhaps blockchains are more clever than we realised? #skynet
On a more serious note, last week saw some important developments, perhaps most notably for those in the trading and storage infrastructure game: the German federal parliament has approved a bill that will allow German banks to provide custody and offer trading of crypto assets.
It remains to be seen what guidance they receive in terms of proper storage, or whether that will even be legislated. This matters greatly if you care about private key management. But there are those for whom this is less of an issue. It’s more important for them that an established bank is responsible for holding their crypto assets.
To some extent it doesn’t matter which camp you’re in. The result could/should be that more qualified investors and institutions enter the space, which is good for everyone.
Below is our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
Don’t forget to subscribe to our newsletter so you can have the latest news delivered to your inbox every Monday morning.