{"id":387743,"date":"2021-12-31T00:48:48","date_gmt":"2021-12-30T21:48:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\/"},"modified":"2021-12-31T00:48:48","modified_gmt":"2021-12-30T21:48:48","slug":"crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\/","title":{"rendered":"# Crypto Biz: The blockchain revolution will cast aside the skeptics, Dec. 23-30"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40e611c6167\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40e611c6167\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\/#Crypto_wont_wait_for_nations_to_come_on_board_WazirX_CEO\" >Crypto won&#8217;t wait for nations to come on board: WazirX CEO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\/#FTX_wants_to_intice_banks_to_start_accepting_stablecoins\" >FTX wants to intice banks to start accepting stablecoins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\/#DeBank_valued_at_200M_following_private_equity_round\" >DeBank valued at $200M following private equity round<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\/#Binance_pursues_regulatory_approvals_in_Bahrain_and_Canada\" >Binance pursues regulatory approvals in Bahrain and Canada<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Crypto Biz: The blockchain revolution will cast aside the skeptics, Dec. 23-30 <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvM2E1MDdkNTQtZDFiMS00ZmViLWEwOGEtMWQ0MTEyZjMzN2Q2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>From a price perspective, the cryptocurrency market is ending 2021 with a whimper as Bitcoin (BTC), Ether (ETH) and other digital assets continue to trade well below their prior peaks. But the business of blockchain and crypto is heating up, as evidenced by the arrival of institutional capital and the flood of venture funding into the space. According to Nischal Shetty, CEO of India&#8217;s WazirX crypto exchange, the digital asset revolution is already underway and will continue with or without your participation.\u00a0<\/p>\n<p>Below is the concise version of the latest &#8220;Crypto Biz&#8221; <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>letter, which is delivered to your inbox every Thursday. Register for the full newsletter below to receive comprehensive insights every week.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Crypto_wont_wait_for_nations_to_come_on_board_WazirX_CEO\"><\/span>Crypto won&#8217;t wait for nations to come on board: WazirX CEO<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With crypto being thrust into mainstream consciousness in 2021, lawmakers around the world are scrambling to regulate the digital asset class. WazirX&#8217;s Nischal Shetty believes nation-states will soon be in an arms race to develop and launch local versions of central bank digital currencies, or CBDCs.\u00a0\u201cWe\u2019re optimistic that we\u2019ll get regulatory clarity and see institutional participation fuel retail adoption,&#8221; he said. \u201cThere is a $2.5-trillion market out there, and it is not going to wait for any nation to come on board.&#8221;\u00a0<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FTX_wants_to_intice_banks_to_start_accepting_stablecoins\"><\/span>FTX wants to intice banks to start accepting stablecoins<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cryptocurrency derivatives exchange FTX is prepared to offer banks $1 million in prize money to begin accepting stablecoins. The offer, which was floated in a Tuesday <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> post, is intended to strengthen FTX&#8217;s ties with traditional finance to help its customers better facilitate &#8220;near-instant and near-free deposits and withdrawals through stablecoins.&#8221; Although the offer is no doubt intriguing, banks are unlikely to commit to supporting stablecoins until federal regulators chime in on the matter.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">How much would it cost to convince a bank to accept stablecoins? <\/p>\n<p>If we offered a $1m prize for the first bank in each region that does it is that enough?<\/p>\n<p>Do you work for a bank and want to discuss this?<\/p>\n<p>\u2014 FTX &#8211; Built By Traders, For Traders (@FTX_Official) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FTX_Official\/status\/1475917174858338305?ref_src=twsrc%5Etfw\">December 28, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3><span class=\"ez-toc-section\" id=\"DeBank_valued_at_200M_following_private_equity_round\"><\/span>DeBank valued at $200M following private equity round<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This week&#8217;s biggest funding news came courtesy of DeBank, a cryptocurrency wallet focused on decentralized finance solutions. On Tuesday, the firm announced it had completed a $25 million private equity round that was led by Sequoia China with additional participation from Dragonfly, Hash Global and Youbi, among several others. DeBank is now valued at $200 million, highlighting once again that DeFi-focused startups were attracting significant interest from venture capitalists.\u00a0<\/p>\n<p><strong><em>Related:\u00a0Kevin O&#8217;Leary says his crypto holdings could reach 20% of portfolio<\/em><\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Binance_pursues_regulatory_approvals_in_Bahrain_and_Canada\"><\/span>Binance pursues regulatory approvals in Bahrain and Canada<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Binance is wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ing up a highly tumultuous year on a positive note after the cryptocurrency exchange announced it had received a pair of licensing approvals from Bahrain and Canada. The green light from Bahrain gives the exchange license to operate as a crypto service provider in the tiny Gulf state. In Canada, however, the picture is a bit murkier. While Binance <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/cz_binance\/status\/1475321567026741248\">claims<\/a> that it is licensed to operate in the country after incorporating a subsidiary called Binance Canada Capital Market, Ontario&#8217;s securities regulator <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.osc.ca\/en\/news-events\/news\/binance-not-registered-ontario\">issued<\/a> a statement Thursday that the exchange is &#8220;not registered under securities law&#8221; in the province. (It should be noted that Binance&#8217;s subsidiary registered as a federal corporation whereas the Ontario Securities Commission has jurisdiction over the province of Ontario.) As Cointelegraph reported, Binance was effectively kicked out of Ontario, Canada&#8217;s most populous province, in June after local regulators began clamping down on unregistered trading platforms.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-biz-the-blockchain-revolution-will-cast-aside-the-skeptics-dec-23-30\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Crypto Biz: The blockchain revolution will cast aside the skeptics, Dec. 23-30 &#8221; From a price perspective, the cryptocurrency market is ending 2021 with a whimper as Bitcoin (BTC), Ether (ETH) and other digital assets continue to trade well below their prior peaks. But the business of blockchain and crypto is heating up, as&#8230;<\/p>\n","protected":false},"author":1,"featured_media":387744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvM2E1MDdkNTQtZDFiMS00ZmViLWEwOGEtMWQ0MTEyZjMzN2Q2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74858,74860,75493,71939,117,17318],"class_list":["post-387743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-regulation","tag-cryptocurrency-exchange","tag-stablecoin","tag-banks","tag-business","tag-india"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/387743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=387743"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/387743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/387744"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=387743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=387743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=387743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}