Six central banks to research CBDCs / RBI says it hasn't banned crypto / Grayscales Bitcoin Trust an SEC reporting company

Inside Bitcoin.

Presented by Subscribe | View in browser Market Watch: Industry prices are in the green again today as the market enjoys a positive swing in the last 24 hours. Bitcoin: $8,665 (⬆️ 0.14%) // $157.4 billion market cap. Ethereum: $169 (⬆️ 1.94%) // $18.5 billion market cap. XRP: $0.237 (⬆️ 2.58%) // $10.3 billion market cap. Bitcoin Cash: $342 (⬆️ 0.92%) // $6.2 billion market cap. Top 100 Winner: Energi: $1.76 (⬆️ 10.52%) // $44 million market cap. Top 100 Loser: Centrality: $0.063 (⬇️ 9.47%) // $68 million market cap. Prices are as of 12:10 p.m. ET. 1. The central banks of Canada, the European Union, Japan, Sweden, Switzerland, and the U.K. have created a group with the Bank for International Settlements (BIS) to research central bank digital currencies (CBDCs). According to an announcement, the six banks will share their experiences with the other members as they study the potential use cases of CBDCs in their own country. Other areas to be looked into will include "economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies." A number of central banks have already started to research CBDCs. The People's Bank of China (PBoC) is one such example and recently announced that it had completed the top-layer design and joint testing of the digital yuan. -BANK OF ENGLAND 2. The Reserve Bank of India (RBI) has said that it hasn't banned cryptocurrencies in the country. It has, however, ringfenced banks from the risks linked with trading such assets, according to a report from the Economic Times. India's central bank gave this response to a petition that was filed by the Internet and Mobile Association of India (IAMAI), which was seeking reconsideration from the RBI regarding a 2018 circular that directed regulated entities not to deal with cryptocurrencies. In a 30-page statement from the central bank, it states that "the RBI has directed the entities regulated by it to not provide services to those persons or entities dealing in or settling [virtual currencies]." -ECONOMIC TIMES A MESSAGE FROM ATHLETIC GREENS Health experts, top performers and pro athletes all agree that the perfect diet doesn’t exist...so then what? They use Athletic Greens. It’s the all-in-one daily nutritional beverage that gives you 75 vitamins, minerals, and whole-food sourced ingredients–plus the antioxidant equivalent of 12 servings of fruits and veg, gut health benefits, and adaptogens for hormonal support. You’d struggle to find a better go-to source for comprehensive nutrition. We’re giving inside readers 20 Free Travel Packs with their first order! Order Now 3. Crypto asset manager Grayscale's Bitcoin Trust has been registered as a Securities and Exchange Commission (SEC) reporting company. In November, the New York-based company filed a registration statement on Form 10 with the SEC. Today, Form 10 became effective, making the trust the first digital currency investment vehicle to become an SEC reporting company. Grayscale took to Twitter to announce the news. According to the company, this "marks an incredible milestone for our product, Grayscale, and the digital currency industry." -AMBCRYPTO 4. Brave New Coin (BNC) has launched a new metric for Bitcoin. Known as the "Twitter Sentiment," it looks at 34 million Bitcoin-related tweets each week. It also uses artificial intelligence (AI) algorithms that search for tweets that contain words such as Bitcoin, $BTC, and BTC, among others. According to BNC, sentiment remains a "significant" factor when it comes to price and the movement of coins, which is why it developed the metric. -THE BLOCK A MESSAGE FROM WINC Meet the future of wine...   Winc delivers a world of wine right to your doorstep so that you can discover international flavors from the comfort of your couch. Simply answer 6 questions and they’ll pair you with 4 wines tailored to your personal taste preferences. What's more? We're giving Inside readers 40% off their first order! Click here to see your curated wines. 5. Britain's tax agency, Her Majesty's Revenue & Customs (HMRC), is turning to technology in a bid to tackle crypto cybercriminals. The agency, which has posted an open contract call worth around $130,000, is calling for the technology to gather intelligence through cluster analysis. HMRC is hoping that this will enable them to track and analyze privacy coins such as Monero, Zcash, and Dash, which have proved difficult for regulators to track. -COINTELEGRAPH 6. Asset management Fidelity Investments is seeking a Bitcoin mining engineer to help expand its operations. The role requires the candidate to have between three to five years in development operations (DevOps) and/or engineering, among other expertise. The person hired will help design, build, and maintain the infrastructure to run and scale its Bitcoin mining operations. -THE BLOCK 7. AB InBev, the firm behind the Budweiser company, is helping African farmers prove that they are suppliers of the company through the blockchain. In partnership with BanQu, AB InBev has created a distributed ledger system using the blockchain to boost transparency in the supply chain. -YAHOO! FINANCE 8. Iceland-based Monerium is to issue e-money on the Algorand blockchain. The non-exclusive partnership between Algorand and Monerium, which has a European Economic Area (EEA) e-money license, will see the two companies working to develop "real-world use cases that are enabled by advanced blockchain technology." It will do this with Monerium's "programmable" e-money, according to W. Sean Ford, Algorand's COO. -COIN DESK 9. A report has found that the transaction volume going through the EIDOS decentralized application (dApp) has skewed the results of the 2019 dApp Market Report. According to the report, in the two months of 2019 that EIDOS was active from the beginning of November, it generated around 2.4 billion transactions. Yet, across the whole of 2019, the total number of transactions on all dApps across the top nine platforms was more than 3.26 billion. -DAPP 10. The Turkish city of Konya has set up a Science and Technology Valley and is building a team to deliver blockchain to local services. The city is also considering ways that it can develop a "City Coin" and create a blockchain-based financial system around it. -COINTELEGRAPH This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter.   Ad The daily habit that sets you up for a healthy future. Order Now Ad We're giving Inside readers 40% off their first order! Click here to see your curated wines.

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