| | |  Rebecca |  | | |
Market Watch Most coin prices are in the green during Monday trading, starting the week off on a positive note, with Bitcoin remaining around the $9,200 mark. | Bitcoin | $9,230 | +2.23% | | Ethereum | $235 | +4.64% | | Tether | $1.00 | +0.11% | | XRP | $0.185 | +5.21% | | Top 100 Winner: Aave | $0.174 | +23.28% | | Top 100 Loser: Celsius | $0.390 | -8.71% | Prices are as of 3:00 p.m. ET.
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 Brazil's Securities and Exchange Commission (CVM) has banned crypto exchange Binance from offering derivative products in the country. The regulator said that derivative products are securities and that Binance doesn't have "authorization" to offer this type of financial product in Brazil. CVM has ordered Binance to "immediately suspend" the broadcasting of this product. If it fails to comply, Binance could be fined $188 a day. A Binance spokesperson declined to comment. THE BLOCK 
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The subsidiary of crypto exchange Kraken has received an MTF license in the U.K., enabling it to offer derivatives services to institutional investors. Crypto Facilities, which operates under the name Kraken Futures, received, what is believed to be, the first-ever Multilateral Trading Facility (MTF) license in Europe from the U.K.'s Financial Conduct Authority (FCA). The green light means that Kraken Futures can reach customers on regulated platforms and expand its product offerings. Kraken's goal is to make crypto is accessible to everyone, CEO and co-founder Jesse Powell said in a statement. DECRYPT
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Our Crypto Masterclass features a well-known thought leader or expert in the crypto space. Today, I focus on Charles Yang, head trader from Genesis Block, who talks about how a Chinese digital yuan is not an attractive crypto replacement. Yang believes that a bank-issued digital currency may not be a good replacement to Tether. | |
 Expedia.com is teaming up with Travala.com to allow travelers to book hotels with crypto. The new partnership means that over 700,000 hotels and accommodations with Expedia are now available on Travala.com, a crypto-friendly accommodation booking platform, which features two million hotels in 230 countries. More than 30 forms of crypto, including Bitcoin, Ethereum, Binance Coin, and AVA – Travala.com's native asset –, can be used. Travala.com's CEO and Co-founder Juan Otero said that his company wants to provide transparent pricing and payment choices to users. More: TRAVALA.COM
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The Afghan Ministry of Health plans to use blockchain to fight counterfeit medication. The ministry is teaming up with blockchain startup Fantom to keep track of pharmaceutical drugs that travel along the supply chain. The aim is to increase controls to prevent fake products from entering. Fantom will provide labels to track 80,000 products manufactured by two Indian pharmaceutical companies – Nabros and Bliss GVS. The pilot project includes 50,000 hand sanitizers, 10,000 joint creams, 10,000 Kofol chewable tablets, and 10,000 Diacare foot creams. If it is successful, Fantom plans to expand the program. COINDESK
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Quick Hits - Cryptocurrencies, including Bitcoin, are far from becoming mainstream, according to data from The Block Research. The organization found that the number of Bitcoin Google searches were nowhere near as high to 2017 figures when Bitcoin hit $20,000.
- India's regulatory uncertainty is hindering crypto development in the country, according to two Ripple executives. Sagar Sarbhai, the head of government and regulatory affairs for Asia Pacific, said that regulators should look at the "picture more holistically" and see the positive use cases for the crypto market.
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 |  | 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. | | | | Editor | Edited by Eduardo Garcia in New York. Eduardo is a graduate of the Columbia Journalism School M.A. Science program and writes regularly for the New York Times Climate Fwd: newsletter. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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