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A Festive(ish) Spirit
More regs and a historic moment (x2) cometh 'tis season.
Stablecoin City
December 09, 2024
While industry professionals are waiting on financial authorities, hodlers and enthusiasts are dancing merrily.
What’s new?
Hong Kong treasury updates on new bill - focusing on maintaining the effort to ensure the correct form of oversight is granted on fiat-referenced issuers.
ECB releases December report on its digital currency - confirming its intentions to ‘test conditional payments’ and fine-tune a methodology for the digital euro.
UK’s new government commits to wider crypto support - in a recent summit, support was shown for FCA collaboration, stablecoin payments and staking.
What else?
Um, Bitcoin rips past the 6 digit milestone and has been buoying around the $100k mark for the last few days. We suggest that you grab some sweet ‘n salty popcorn and checkout this video on X to receive a sense of a nostalgia.
Watching this comparison video the community made is pretty wild. Timing the head movements and everything was a challenge, but so fun. Props to @coinbase for making this happen.
— Isaac Miller 🔥 (@IsaacMiller)
6:31 PM • Dec 6, 2024
Happy December.