🗞 Daily Crypto News, December, 29th💰

Treadway Commission to Issue Blockchain Security Guidance in 2020 ;
Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records ;
Blockchain Projects Are Just Entering the Netscape Phase;
South Korean Central Bank to Organize a CBDC Task Force;
What’s Next For YouTubers Impacted By Crypto-Related Content Ban? ;
🗞 Daily Crypto News, December, 29th 💰
STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Treadway Commission to Issue Blockchain Security Guidance in 2020

The Committee of Sponsoring Organizations of the Treadway Commission (COSO), commonly referred to as the Treadway Commission, will issue guidance to strengthen controls over uses of blockchain in supply chain management and financial services.

The Wall Street Journal reported first on the guidance, which is due in the first quarter of 2020.

The Treadway Commission was founded in 1985 to advise on corporate governance and risk management in the private sector. Its recommendations are opt-in and serve to provide “reasonable security.”

🗞 Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies.

Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Argentina and Venezuela have hit new record highs.

According to the website’s data, the week ending on Dec. 21 saw over 32.6 million Argentine pesos (equivalent to about $544,905) traded on the platform, or 34% more than the record registered two weeks before.

🗞 Blockchain Projects Are Just Entering the Netscape Phase

“It is always wise to look ahead, but difficult to look further than you can see.” - Winston Churchill

Recently Jill Carlson wrote a piece for CoinDesk that inspired me to think through counterarguments to the points she shared. Much of the following is based on 100 in-depth interviews during the last year for Base Layer, my podcast. While I am a strong proponent of diversity in thought and opinion, and Jill is one of the most respected investors and thinkers in digital assets, I disagree with her piece for two reasons. One, I believe the time and scale of review doesn’t properly factor where in the maturation cycle things in digital assets are. And two, I believe it diminishes the work being done in the infrastructure of digital assets to propel adoption.

<When I talk to my former peers in the family office world, I often discuss parallels between digital assets and past periods of technological innovations. The digital asset ecosystem needs to evaluate its progress (or lack thereof) against the historical diffusion of innovation. Below I discuss some key project updates with releases this year, showing maturation of the technology ecosystem.

🗞 South Korean Central Bank to Organize a CBDC Task Force

Announced in a Dec. 26 report titled "Monetary Policy for 2020,” the Bank of Korea will hire experts to study the effects of distributed ledgers, cryptocurrencies and CBDCs on financial settlements and security. The group will also “keep an eye” on other countries’ experiments with CBDCs.

The task force could be formed as early as January 2020, reports CoinDesk Korea.

In the past year, the U.S. Federal Reserve and the European Central Bank announced investigations into digital replacements for cash, as the People’s Bank of China readies to pilot its “digital yuan” in 2020. State-backed digital currencies may improve international and internal settlements as well as mitigate fraud, say backers.

🗞 What’s Next For YouTubers Impacted By Crypto-Related Content Ban?

On Dec. 23, thousands of YouTubers received emails from the video giant notifying them that their crypto-related videos had suddenly been deleted from the platform.

The ban, which lasted about four days before YouTube began reinstating videos, impacted YouTubers whose channels reached thousands of subscribers, as well as those with smaller audiences.

Unsurprisingly, many of the YouTubers impacted have now turned to decentralized video platforms to share their content. Creating engaging and informative blockchain and cryptocurrency videos has become a source of income for many of these individuals, which is why it’s important for them to have a reliable outlet to utilize.

🗞 Daily Crypto News, December, 29th 💰

Horizen (ZEN)

Second double bonus day at Horizen Faucet on Dec 29.

DEEX (DEEX)

"On December 29th, 2019 launch the closed alpha testing of the mobile exchanger app."

STEEM Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

Here is the current chart :

Nice trap done again by the market. We broke the support line at 0.124$ during some hours but a powerfull bounce started to come back higher than this support line. Met's see if this nice bounce will be able to bring us on the next resistance line at 0.138$. Without a break of this line, we will stay in the same canal, waiting for a direction from the market.

Last Updates