Market Color YouTube

Market Color Podcast

Episode Summary

  • Gensler was asked at a House hearing if a China-like prohibition was on the table in the U.S, he replied “Our approach is really quite different.”
  • Patrick McHenry, member of the House Financial Services Committee, introduced the “Clarity for Digital Tokens Act of 2021.”
  • Circle Financial is under investigation by the U.S. SEC.
  • Sino-Global have announced they will be developing a new Bitcoin mining machine in a joint venture with the blockchain firm Highsharp.
  • Link Global, (data centre and power firm) could face a $7.1 million fine from the Alberta Utilities Commission (AUC) for setting up two sites in Canadian without permission.
  • Venture firm NFX announced a new $450 million fund aimed at expanding its investing in pre-seed and seed-stage companies, including those in the crypto space.
  • Sky Mavis, the creator Axie Infinity, announced a $152 million Series B round led by Andreessen Horowitz (a16z).
  • U.S. Bank announced that its cryptocurrency custody services are now live and available to their Global Fund Services clients.

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