Happy Thursday, Blockfolians
Here’s something cool. FTX (who, yes, acquired us, so sue us if we’re not completely unbiased here) has launched equities trading.
Long story short, registered users outside the US will be able to trade crypto against fractionalized shares of hot stocks like Tesla, Amazon, Apple, Netflix, and more.
Here’s the way Sam put it:
“Our traders have never seen crypto as a niche field. These products demonstrate a powerful future, in which assets are digitized and traders have unlimited creative potential to express their beliefs about the markets.”
SBF @SBF_Alameda8) https://t.co/ZcBNEugHhz https://t.co/U897RCKTNn
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Highly Relevant Reading
Bitcoin fees hit highest point in 28 months
Fidelity Digital Assets is expanding crypto custody to Asia
Figment, a crypto staking infrastructure provider, raises $2.5m
Bank of Canada’s national digital dollar project is moving past the trial phase
This idea of balkanizing bitcoin is scary and probably important to keep an eye on.
i.am.nomad @IamNomadFinCen has put up for review a knee-jerk change to the travel rules that extends its application to crypto lowers the reportable international transfer lower from $3,000 to $250. this is awful, open for commentary and we need to speak up https://t.co/uVgZhTUNiC
Honey badger something something.
A Really (Small) Number We Should Be Paying Attention To
That’s the probability the bitcoin options market puts on us seeing $20k in 2020.