Market focus

Indian Finance Minister Nirmala Sitharaman said crypto assets regulation should be an international priority and will be a hot topic at a summit next month, opening India’s yearlong presidency of the Group of 20 nations. The country will host the annual G-20 summit next year and thus help shape the agenda. Speaking at an annual…

Breaking crypto news from the last week (Oct. 22 – 28, 2022): Oct. 22: OpenSea revises its NFT rarity ranking protocol OpenRarity, launched after community controversial feedback. Some community members argued that the new rarity ranking protocol disrupts the market-driven rarity structure for some NFT collections. Meanwhile, CoinShares launch its own experimental AI bot to…

Top investment deals across the crypto sector over the last week (Oct. 22–28, 2022): MakerDAO plans to move 1.1 billion USDC into Coinbase custody MakerDAO, the issuer of DAI stablecoin, is reportedly moving forward with a proposal to onboard an account to Coinbase prime and transfer about $1.1 billion (33% of its USDC) into custody….

The crypto industry can provide novel opportunities to generate value, but some of those avenues can’t all be found in traditional finance, writes Tongtong Gong on CoinDesk. Crypto is a $900 billion global market that institutional investors are sizing up. Despite the inherent risks involved in participating in any nascent sphere, institutional financial players are…

Twitter will let users display NFT marketplace listings from some platforms, as well as let them buy and sell digital collectibles. The integration could come in handy in Elon Musk’s plan for Twitter to be sustainable. The social media platform announced on Oct. 27 that it will let users buy, sell, and display NFTs from…

Transnational payment giant Visa has filed several crypto-related trademark applications, including crypto auditing software, NFTs, the metaverse, and its own cryptocurrency wallet. The financial corporation seemingly intends to dive deeper into the crypto world, even though CEO Al Kelly recently questioned its utility. According to trademark attorney Mike Kondoudis, the applications indicate that Visa intends…