@cryptocracy 22 January 2022 more from that month

Is Binance Weak on Money Laundering? Crypto exchange Binance has been **operating in secrecy**, preventing government regulators from knowing what they need to know to effectively regulate exchanges like Binance. One can understand why. If they declared a headquarters in any country, they’d essentially be giving that country legal authority to regulate their industry. As a result, Binance’s money-laundering practices are weak. So says the authorities that can’t regulate them. https://www.businesstoday.in/crypto/story/crypto-giant-binance-kept-weak-money-laundering-checks-reveals-report-319945-2022-01-21 USDC **flips Tether on Ethereum**. https://d1softballnews.com/the-usd-coin-surpasses-tether-on-ethereum/ What triggered the massive **sell-off in cryptocurrencies** heading into the weekend? No one knows, but investors are liquidating positions on bitcoin and virtually every altcoin. Meanwhile, Coinbase Global shares **shrugged** and bitcoin his a **6-month low**. https://www.fool.com/investing/2022/01/21/why-bitcoin-ethereum-and-other-cryptocurrencies-pl/ https://seekingalpha.com/news/3790420-why-did-coinbase-global-stock-drop-today-cryptocurrencies-swoon https://www.ft.com/content/28286423-66a8-432d-8a1e-b37fd5e2a74d How the top cryptocurrencies performed **last year**. https://www.visualcapitalist.com/how-the-top-cryptocurrencies-performed-in-2021/ The Federal Reserve has **issued a report** on central bank digital currencies (CBDCs) and is seeking public comment. **Preview:** The Fed says a CBDC could “**fundamentally change**” the U.S. financial system. And banks **could have a role**. Read what several crypto experts are **saying about the report**. https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf https://www.forbes.com/sites/jonathanponciano/2022/01/20/fed-says-digital-dollar-could-fundamentally-change-the-us-financial-system-but-its-not-ready-to-issue-one-yet/?sh=705bd98128a1 https://www.krqe.com/news/business/fed-study-on-digital-currency-leans-to-role-for-banks/ https://time.com/nextadvisor/investing/cryptocurrency/expert-reaction-to-fed-digital-currency-report/ Robinhood **launches crypto wallet** for 1,000 users. https://bitcoinist.com/robinhood-launches-beta-awaited-crypto-wallet/ Here’s a good read on **bitcoin’s mining difficulties**. https://www.thecryptoupdates.com/difficulties-in-bitcoin-mining-sets-the-target-to-heights/ Did you know you can learn about crypto and get paid for it? Bankless is here to **tell you how**. https://newsletter.banklesshq.com/p/how-to-get-paid-to-learn-about-crypto The **lifecycle of smart contracts**. Coinbase analysts say Ethereum could still lead as **dominant smart contract platform**. However, the blockchain’s total value locked (TVL) has **declined 17 percent** from its peak. Meanwhile, check out **this interview** with Ethereum cofounder Vitalik Buterin as he waxes poetic about immortality. https://cointelegraph.com/explained/the-life-cycle-of-smart-contracts-in-the-blockchain-ecosystem https://www.coindesk.com/markets/2022/01/21/ethereum-could-hold-lead-as-dominant-smart-contract-blockchain-coinbase-analysts/ https://cointelegraph.com/news/a-key-ethereum-price-metric-hits-a-6-month-low-as-eth-falls-below-3k https://www.youtube.com/watch?v=2J9ex32-pCI https://youtu.be/2J9ex32-pCI The SEC has blocked **this bitcoin ETF**. https://www.cnn.com/2022/01/21/investing/sec-scaramucci-bitcoin-etf/index.html Nasdaq asks: Could Coinbase become **the app store for NFTs and DeFi**? https://www.nasdaq.com/articles/could-coinbase-become-the-app-store-for-the-defi-and-nft-space Cryptojackers are **stealing millions** with malware. https://pvplive.net/millions-of-dollars-are-being-stolen-by-cryptojacking-malware/ **7 cryptocurrencies** to be bullish on. https://www.businessinsider.com/crypto-investing-bitcoin-outlook-and-7-blockchains-to-beat-ethereum-vc-2022-1 5 of the **fastest-scaling cryptocurrencies**. https://www.nasdaq.com/articles/5-of-the-fastest-scaling-cryptocurrencies *First published at* *Cryptocracy**. Not financial advice.* https://cryptocracy.substack.com/p/binance-has-weak-money-laundering