CryptoMarketsWiki page of the day

Despite growing scrutiny over the potential threat of the PBOC’s “digital yuan” toppling the U.S. dollar, Bank of Japan official Kazushige Kamiyama said Thursday the digital yuan presents no such threat.

A new VanEck ETF, the Digital Transformation ETF, launched yesterday to address investor interest in cryptocurrency infrastructure companies like Coinbase, which also launched on Nasdaq on Wednesday. 

Coinbase debuted on Nasdaq Wednesday through a direct listing. Shares were expected to begin trading at $340 per share, a market valuation of about $63 billion and a fully diluted valuation of almost $89 billion, according to Bloomberg.

Ripple won yesterday when a federal judge quashed SEC’s subpoena for years of executives’ financial records. The agency is suing Ripple for issuing unregistered securities.

JPMorgan announced Monday that the company is testing “Confirm,” a new blockchain-based application designed to allow participating banks to request and receive confirmation of beneficiaries’ account information in near-real time.

Online broker Robinhood said Thursday that it had 9.5 million customers trading cryptocurrency in the first quarter of this year. This is 3.4 million more than its competitor Coinbase.

In a $651 million deal, publicly traded Riot Blockchain will acquire Whinstone US. Riot will take over Whinstone’s bitcoin mining facility in Rockdale, Texas, perhaps the largest in the U.S. 

Arthur Hayes, the founder of the cryptocurrency trading platform BitMEX, has surrendered to U.S. authorities in Hawaii on charges of failing to implement anti-money laundering standards.

Paxos Digital Trust announced today that Instinet and Credit Suisse had settled post-11 a.m. equity transactions via its T+0 (same day) settlement system. Paxos said it plans to apply to the SEC this year to offer the service publicly. 

Cryptocurrency derivatives market Binance Futures, which is not available to U.S. customers, has reached $10 billion in open interest. Volume growth on the platform is being driven by retail interest. 

U.S.-based cryptocurrency trading platform Kraken is being targeted by the IRS in a “John Doe” petition seeking the identities of account holders with more than $20K in their Kraken accounts. 

Bakkt Holdings launched its mobile app Tuesday. It includes a wallet for holding digital assets and allows users to convert bitcoin, as well as rewards points, gift cards and airline miles into cash on the app.

Starting later this year, the U.S. Dollar Coin (USDC) stablecoin will begin being used by credit card issuer VISA to settle some payments with partners. Almost $11 billion USDC are in circulation. 

Deutsche Boerse, the German exchange operator, working with the Bundesbank and the government debt agency, has cracked the code on integrating blockchain payments with securities transfers.