A North Korean visa issued to Virgil Griffith. Source: Twitter, @ virgilgr
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MTD-month to date; YTD-year to date; AUM-assets under management. Source: CoinShares
Stock Market News
- Huobi Global and Binance have stopped accepting new customers from mainland China due to the latest crypto ban, while Huobi added that existing ones would be “cleaned up” by the end of the year, according to Reuters.
- Binance has also announced plans to remove access to fiat deposit services, spot trading of cryptoassets and buying cryptoassets through fiat channels and liquid swap for their Singaporean users. They added that this was part of their compliance approach.
- The average portfolio size on the Australian BTC markets of the crypto exchange has increased from AUD 795.5 (USD 580) to AUD 2,849.5 (USD 2,076) in fiscal 2021, representing a 258.2% Increase in portfolio holdings compiled by Statista on a recent BTC Markets survey. The data shows that the average portfolio size of female and male investors was AUD 2,650 (USD 1,930) and AUD 3,049 (USD 2,221), respectively, but in 2020, the average portfolio size of female investors slightly exceeded male investors.
- Salvadoran President Nayib Bukele said that 2.1 M citizens, a third of all Salvadorans, use the government-backed Chivo cryptocurrency wallet. He added that although the wallet is not a bank, it has more users than any bank in El Salvador, and that at this rate it receives more users than all Salvadoran banks combined.
- Crypto brokerage Genesis Global Capital has announced that it has conducted the first over-the-counter (OTC) block trading of a BTIC (Base Trade at Index Close) transaction on CME Bitcoin (BTC) futures with options market maker Akuna Capital. They added that the BTIC meets a hedging requirement for their counterparties, which are compared to the Bitcoin reference price.
- Digital Asset Marketplace for Accredited and Institutional Investors The Cyberdyne Tech Exchange (CTX) has released and sold the first tranche of a new asset-backed Carbon Neutrality Token (CNT), it said, “solves one of the most challenging aspects of the Paris Agreement (COP21) – the ability to properly account for and track carbon credits using its proprietary protocols and blockchain technologies.”