Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
A busy week for lawmakers in the US as congressional representatives visit Switzerland to try and understand more about Libra’s structure.
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.
The Governor of the Bank of England has made a radical suggestion to overhaul the global financial system, eventually replacing the US dollar as the reserve currency with a virtual currency
His proposal comes just months before stepping down as Governor, and amid a flurry of trade wars which threaten to become currency wars
The FT reports two of the original investors of the Libra Association are considering pulling out following enhanced scrutiny from regulators
It remains unclear which two of the 28 members the FT is referring to, but it’s perhaps unsurprising given EU antitrust officials as well as regulators from the US, Canada, UK, and Australia have all expressed concerns over privacy
Since 2017, an equal-weighted index of crypto funds significantly outperformed bitcoin and most other crypto assets
From Q1 2017 through Q2 2019, the CFR Crypto Fund Index returned 1,430%. This easily bests bitcoin’s 1,022% return and narrowly surpasses the 1,413% of the CCI 30
Realized Bitcoin market cap surpasses
Bitcoin as a
receives more endorsements
Ethereum could be first public blockchain to join
Buterin says increased
are hurting overall adoption
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