Cryptospace Spotlight (21 Nov 2021)
Central banks' views, bans in Asia, and crypto assets owners make waves!
In Asia, India decides to move against cryptocurrencies but remains open to having them as regulated assets (more). Indonesia’s Islam Authority decided that cryptocurrencies are forbidden to Muslims (more).
Circle, one of the US stablecoin issuers, is making its move to boost adoption in Asia - with its opening of regional hub in Singapore (more) and investment into Japanese yen stablecoin (more).
Fed Reserves Governor Christopher J. Waller shared his views on risk and opportunities of stablecoins (more). England Central Bank expressed concerns over the outlook of crypto assets and related tokens (more), while cautiously explore having its central bank digital currency (CBDC) (more).
Australian top banker pointed out the opportunity cost of missing out in the crypto space growth (more) while Australia Central Bank is more reserved, and weighting the pros and cons (more).
Crypto-assets owners organise to bid for US constitution print and raises over $40m (more).
Crypto.com renamed Los Angeles Staples Center with USD700 million naming rights deal (more).
Lastly, new US infrastructure bill is likely impact crypto investors (more).