Market

Crypto Market Highlights December 31, 2021

Mexico’s CBDC, Bitcoin ATM in Panama, Russia’s Blockchain ETF and many other highlights of the crypto market that have been compiled over the past 24 hours.

Crypto Market Highlights: Bitcoin ATM in Panama

Crypto Market Highlights: CBDCs News

Mexico has announced that it will introduce a new digital currency from the National Central Bank (CBDC) in 2024. They stressed that “next generation new technologies and payment infrastructures” will help Mexico become more financially inclusive.

Crypto Market Highlights: Investment News

Cryptocurrency and blockchain development company Santo Blockchain Labs announced that it has purchased 50 Bitcoin ATMs (BTC) to move to the company’s offices in the Republic of Panama by the end of the first quarter of 2022. The company plans to build 300 Bitcoin ATMs in 2022 with an investment of. to buy over $ 1 million.

Russian bank Sber is launching a Blockchain Exchange Traded Fund (ETF) to track the activities of large crypto companies. The new ETF is associated with various companies in the blockchain and crypto industry, including hardware and software providers for mining and issuing cryptocurrency files.

The cross-chain decentralized financial center (DeFi) Umee has reportedly sold $ 32 million of its native UMEE tokens to 922,000 subscribers. The newly raised money should be used to grow your team and community as well as to help start your mainnet.

Crypto Market Highlights: Exchange of Messages

In 2021, Deutsche Börse Stuttgart had a turnover of 107 billion euros (121 billion US dollars), of which the trading volume in the crypto business reached 8.1 billion euros (9.17 billion US dollars). Of this, 5.6 billion euros (6.34 billion US dollars) were generated on the BISON stock exchange, the remaining 2.5 billion euros (2.83 billion US dollars) on the Digital Boerse Stuttgart stock exchange.

Binance said it will buy back the remaining outstanding shares in the crypto Visa card issuing platform Swipe. In July 2020, Binance acquired a majority stake in Swipe and both are working with licensed and regulated companies to issue Visa cards.

Crypto Market Highlights: Legal News

The US crypto broker Voyager Digital Ltd. is the target of a proposed class action lawsuit alleging the company misled customers by charging hidden fees on transactions. The company called the move “completely wrong and worthless”.

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Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice in any way. Your money, the choice is yours.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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