TL;DR Breakdown South Africa is taking crypto regulations more seriously. Defaulters of the new regulation face up to two years in jail. Recently, South Africa’s top financial regulator, the Financial Sector Conduct Authority (FSCA) proposed to regulate all digital currencies operating in the country due to the increased interest in the sector and because some […]

Here is our pick of the 3 most important Stablecoin news stories during the week. Interesting debate this week on just what a Digital...

Singapore offers a reasonable administrative and legitimate climate for digital currencies. The Monetary Authority of Singapore (MAS), Singapore’s monetary administrative body, puts stock in directing the digital currency environment to screen any dangers related with crypto exercises like tax evasion while additionally guaranteeing that it doesn’t smother development.  Lawfully, Singapore offers a nonpartisan system for the development of exchanges including [...]

The post Bank of Singapore Claims Bitcoin Could Replace Gold appeared first on Coin News Asia.

The U.S. Federal Reserve is seeking to be more involved in the central bank digital currencies and stablecoins sector, as its most recent job posting shows. The successful applicant will be in charge of emerging payment, clearing, and settlement systems for the Fed. Posted on LinkedIn, the job listing by the U.S. Fed is for […]

Overview

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• Total spot trading volume at $1.81 billion, near the 30-day average of $1.79 billion.
• Total futures notional at $507.6 million.
• The top five traded coins were, respectively, Ethereum, Bitcoin, Tether, Cardano, and Ripple.
• Strong day for Siacoin (+23%) and Ethereum (+10%); Bitcoin (+6.2%) also closed the day in the middle of a rally.

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February 02, 2021   $1805.8M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
ETH  $1515.4  ↑10%  $680.7M	XBT  $35534.  ↑6.2%  $597.8M	USDT  $1.0008  ↑0.05%  $150.5M	ADA  $0.4265  ↑4.2%  $83.7M	XRP  $0.3725  ↓0.3%  $79.9M
DOT  $17.257  ↑4.9%  $57.5M	XDG  $0.0315  ↓9.6%  $50.5M	LTC  $142.43  ↑7.9%  $44.1M	USDC  $0.9998  ↓0.01%  $35.7M	LINK  $23.738  ↑3.5%  $22.8M
XLM  $0.3391  ↑5.0%  $20.3M	FLOW  $9.3825  ↓4.6%  $19.9M	UNI  $19.081  ↓7.1%  $15.8M	ATOM  $8.9003  ↓4.0%  $9.43M	BCH  $430.52  ↑4.0%  $8.85M
SC  $0.0089  ↑23%  $7.26M	EOS  $3.0024  ↓1.7%  $5.29M	XMR  $151.34  ↑5.3%  $5.09M	GRT  $0.7531  ↓4.0%  $4.55M	AAVE  $303.58  ↑3.1%  $4.31M
DAI  $1.0011  ↑0.05%  $4.19M	XTZ  $2.9117  ↓0.4%  $4.06M	ALGO  $0.6515  ↑1.2%  $3.98M	OMG  $3.9553  ↓4.9%  $3.13M	TRX  $0.0331  ↑0.6%  $3.09M
SNX  $17.032  ↓3.0%  $2.93M	DASH  $109.93  ↑6.1%  $2.47M	OXT  $0.3446  ↓1.7%  $2.38M	BAL  $32.465  ↑7.1%  $2.19M	CRV  $2.5095  ↓1.2%  $2.08M
YFI  $31723.  ↑1.6%  $2.08M	ZEC  $92.395  ↑4.1%  $2.06M	COMP  $356.69  ↓1.7%  $1.99M	KSM  $105.17  ↑4.4%  $1.67M	NANO  $3.5418  ↑0.2%  $1.52M
KEEP  $0.2677  ↓2.3%  $1.35M	MANA  $0.1701  ↑8.9%  $1.33M	QTUM  $3.5467  ↑2.1%  $1.24M	FIL  $22.501  ↓0.6%  $1.13M	BAT  $0.3173  ↑0.02%  $1.0M
ETC  $7.8020  ↑3.6%  $957K	MLN  $37.928  ↑3.9%  $956K	KNC  $1.4170  ↑0.9%  $938K	WAVES  $6.9441  ↓1.1%  $934K	KAVA  $2.4076  ↓0.8%  $893K
ICX  $0.7881  ↑3.1%  $819K	PAXG  $1851.4  ↓0.9%  $630K	GNO  $121.03  ↑8.4%  $578K	REP  $19.505  ↓3.2%  $470K	LSK  $1.4096  ↑1.9%  $293K
STORJ  $0.4486  ↑0.27%  $249K	REPV2  $18.998  ↑3.0%  $201K	ANT  $4.1689  ↓2.2%  $162K	TBTC  $37681.  ↑8.8%  $145K

The post Kraken Daily Market Report for February 02 2021 appeared first on Kraken Blog.

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