We’re making today’s post free for all readers on Substack, to give you an idea of what you’re missing through the week… happy reading!
Fabulous year end for Prometheum co-CEO Aaron Kaplan who was our IPO VID 154: Prometheum: Blockchains, Markets And The Future Of Finance Guest as Prometheum Secures $20 Million In Funding To Cap Landmark Year Of Growth (Prometheum). The one platform based on being legal from the get go is much derided by the inner sanctum of bros who believe in their innate right to exceptionalism whereas I happen to think Prometheum chose the right path up front…
Elsewhere, Ripple Begins Stablecoin Roll Out (Finextra) / Ripple Announces Launch Of RLUSD Stablecoin (Fortune) which induced Ripple CTO David Schwartz Warns Of 'FOMO' As RLUSD Stablecoin Prepares For Market Debut (Decrypt), albeit it's a narrow world of bro FOMO I think? The rest of the world is more apathetic, hence the lethargy around $100k Bitcoin?
Kraken And BitGo Will Help Distribute The First FTX Payments In 2025 reports Cointelegraph in a happy new year gift set for early January for creditors…
Thailand Should Study Crypto To Remain Relevant — Former Thailand PM Thaksin Shinawatra states (Cointelegraph) while SEC Plans To Sue Unicoin—A Sign Outgoing Chair Gensler’s Anti-Crypto Campaign Is Not Over (Fortune).
From New Delhi, India’s Ambiguous Crypto Policy: Time For Worldwide Unity (Crypto News) / ITAT India Rules Crypto As Capital Assets For Taxation (The Crypto Times).
In the UK, FCA Releases Discussion Paper On Crypto Market Transparency, Abuse (Cointelegraph)
Bloomberg Law News reports Crypto Fraud Victims Often Shortchanged Due To DOJ Regulation. While in Africa, Almost 800 Arrested Over Nigerian Crypto-Romance Scam (Reuters) and CNA reckons Malone Lam's Alleged US$230m Crypto Scam (CNA).
In new offices and licences a cornucopia of announcements:
Europe’s Crypto Platform Bitpanda Expands In MENA Via UAE Office
ZAWYA
Bitget Acquires Bitcoin Service Provider License In El Salvador
BeInCrypto
NYDFS Approves BitLicense For Anchorage Digital Subsidiary
Cointelegraph
Anchorage Digital Nabs BitLicense To Offer Crypto Trading To New York Institutions
Decrypt
Bybit To Halt Crypto Services In France By January 2025
Cointelegraph
However in Canada, British Columbia Maintains Bitcoin Mining Ban Despite Vancouver's 'BTC-Friendly City' Motion (CoinDesk).
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From our sister publication, EI Weekend:
Book worth reading:
EXCHANGE INVEST WEEKLY PODCAST
Is CMU Dead?
$17 billion CFTC,
SEBI Sued For IPO,
And there’s a New DB1 Chairman while in New York, we say a fond farewell to Art Cashin.
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