Goldman Sachs has no plans to halt its crypto trading desk, crypto isn’t a good form of money for terrorists, and many other interesting news in this weekend’s digest.
- More than 500,000 ETH were moved from the wallets of various projects in the last 30 days. Some sources suggest that ICOs selling ETH might be the cause of its recent drop.
- Uzbekistan legalizes crypto. Following the steps of Malta, they plan to launch the first licensed crypto exchange in the country, after having signed the memorandum of understanding with with The Korean Blockchain Business Association.
- Brian Armstrong, Coinbase CEO, thinks that in five years one billion people will be using crypto. Also he claims that in the near future Coinbase could list hundreds of tokens, or even millions in the more distant future, with proper regulations.
- According to Goldman Sachs, the news about their crypto trading desk cancellation is fake. The initial source of this fake news is unknown.
- The U.S. Congress Subcommittee on Terrorism and Illicit Finance has decided that crypto isn’t the most convenient form of money for terrorists. Yaya Fanusie, director of analysis for the Foundation for Defense of Democracies explained to the Congress that terrorists operate in such environments where the use of crypto is impractical, so they prefer fiat currencies.
- Jack Dorsey, Twitter CEO, claimed that his company is considering using blockchain technology on its platform. Dorsey said that blockchain could help increase transparency and stop misinformation campaigns that became a problem recently.
- Opera Ltd. has upgraded its Ethereum crypto wallet, recently included in its browser. Now it supports ERC-721 non-fungible tokens, CryptoKitties-alike.
- Vitalik Buterin is pessimistic about the future potential of crypto market growth. He said that the days of 1,000-times growth are gone, and any aggressive marketing won’t help it.
- CZ, Binance CEO, has refuted all rumors about its upcoming IPO. He has written that Binance has no plans to go public, but that doesn't make those experiences less valuable in this new industry.