News: These are the most important crypto news of September 2021

Crypto and blockchain news is taking an increasingly prominent place in news coverage. What are the European Central Bank’s (ECB) plans, what’s next for CBDCs globally and what are banks and corporates doing? It is becoming increasingly difficult to maintain an overview here. But don’t worry! We’ll take care of that for you and summarize the most important news about digital currencies and blockchain here every month.

Bitcoin

CBDC

Corporate & Crypto

  • BaFin grants second crypto license to Kapilendo, the crypto custodian acquired by Hauck & Aufhäuser : Hauck & Aufhäuser acquires the shares in Kapilendo Custodian AG, which is the second crypto custodian licensed to hold crypto assets.
  • Diem does not yet have the green light : The Facebook-initiated Stablecoin project continues to be a thorn in the side of US politics, which is why all attempts at appeasement have seen little success so far.
  • SEC puts pressure on crypto exchange Coinbase : US exchange Coinbase has been warned by the Securities and Exchange Commission (SEC) against launching a product that pays customers interest on their crypto holdings through the use of DeFi protocols. According to the authority, this should be classified as a security.
  • Six is central securities depository for digital assets : Swiss Financial Market Supervisory Authority FINMA approves Six Digital Exchange (SDX) as central securities depository. The associated SDX Trading is thus granted a licence as a stock exchange.
  • Leak shows integration of Bitcoin and Ether on Twitter : Twitter is most likely introducing a feature that will allow users to add their wallet addresses for Bitcoin and Ethereum to their profiles.
  • IOTA now with EU funding : IOTA Foundation is selected alongside six other companies to support the EU’s European Blockchain Services Infrastructure project, which seeks to build blockchain infrastructure in Europe.
  • Mastercard acquires CipherTrace : CipherTrace, a cryptocurrency transaction tracking company, has been acquired by credit card provider Mastercard. Accordingly, the cryptocurrency of the payment service provider will continue.
  • MetaMask Grows Rapidly: MetaMask, a crypto wallet provider, has celebrated a successful financial year in which its user base grew by almost 2000% to 10 million. MetaMask benefited in particular from the boom in decentralized finance (DeFi).
  • Algorand to fund DeFi projects via new fund : The “Viridis DeFi Fund” is led by the Algorand Foundation, the operator of the Algorand blockchain project, and is expected to provide 150 million ALGO for DeFi expansion on the Algorand network.

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Autor
Alexander Bechtel ist Head of Digital Asset & Currency Strategy bei der Deutschen Bank. Er hat an der Universität St. Gallen promoviert und ist dort weiterhin als externer Dozent tätig. Alexander veröffentlicht regelmässig Artikel, Podcasts und Forschungspapiere zu den Themen... mehr