The Associated Press Launches NFT Collection on Binance Marketplace

News agency The Associated Press launched a collection of non-fungible tokens on Binance’s marketplace, according to a Binance press release. The collection, dubbed “Unique Moments,” features digitized versions of photos and news wires based on the AP’s reporting on historical moments of the the last century. Examples include Japan’s WWII surrender, Nelson Mandela’s inauguration, and the discovery of Pluto. The AP confirmed the news in a tweet late on Thursday. The news agency did not respond to CoinDesk’s request for comment as of press time. The NFTs are available as…

France Trials CBDC, Blockchain for Government Bond Deals: Report

“This project went well beyond previous blockchain initiatives because it successfully tested most central securities depository and central bank processes whilst eliminating current interim steps, such as reconciliation between market intermediaries,” said Soren Mortensen, global director of financial markets at IBM as cited in the report. “We are rapidly moving towards fundamental change in the post-trade market infrastructure.” Source

Huobi Japan Gets Regulators’ Go-Ahead to Offer Derivatives

Huobi’s Japanese subsidiary received approval from the local Financial Services Agency to offer crypto derivatives, according to a Thursday press release. Huobi Japan is one of seven exchanges in the country to have successfully registered with the regulators as a Type I financial instruments business. To register, firms must have stated capital and net assets upwards of JPY50 million ($438,061 each, and a capital-to-risk ratio over 120%. In April 2020, Japan’s FSA ruled that, to offer crypto derivatives, crypto firms have to go through the same regulatory hoops as mainstream…

Australia Has Third Highest Rate of Crypto Adoption in the World: Finder Survey

Australia is more bullish on cryptocurrencies than most other countries around the world, according to a survey published by comparison site Finder on Sunday. The survey, based on the site’s Cryptocurrency Adoption Index, measures the growth of crypto globally through a regular survey of over 41,600 individuals across 22 countries. Finder’s survey found Australia has the third-highest rate of crypto ownership at 17.8%, beating out countries such as Indonesia (16.7%) and the city of Hong Kong, a special administrative region of China (15.8%). The global average is around 11.4%, according…

DraftKings Steps Further Into Crypto With Plans to Become Polygon Validator

“Scalability and sustainability remain among the critical challenges of blockchain technology,” Paul Liberman, president of global product and technology at DraftKings, said in a statement Monday. “Although DraftKings Marketplace is still in its nascency, we are bullish on the possibilities that blockchain, NFTs, cryptocurrency and more will present as we prepare for Web 3.0 alongside Polygon and the new innovations ahead for digital collectibles.” Source

Invesco Drops Efforts to Launch Bitcoin Futures ETF

“We have determined not to pursue the launch of a Bitcoin futures ETF in the immediate near-term; however we will continue to work in partnership with Galaxy Digital to offer investors full shelf of products with exposure to this transformative asset class, including pursuing a physically backed, digital asset ETF,” the statement said in full. Source

DraftKings Co-Founder Matt Kalish Explains Why the Betting Site Is Serious About NFTs

DraftKings co-founder Matt Kalish became personally infatuated with non-fungible tokens (NFT) earlier this year. He’s now helping his sports betting giant navigate digital collectibles. It’s one of the few publicly traded companies with an on-platform NFT marketplace. This week on “Opinionated,” Danny, Ben and Anna learn more about the Bored Ape Yacht Club-owning president of DraftKings. In a wide-ranging conversation, the hosts spar over what makes an NFT valuable, whether fundamental tech specs matter, and why it’s important to see big names like DraftKings jumping in. Non-fungible tokens are more…