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Jack Martin

Jack Martin's Observations 202 Articles
Adoption   -   Jul 06, 2023 Bitcoin Shrimp Keep Growing: Almost 7% of Tokens Now in Wallets < 1BTC
Bitcoin shrimp and whales

Data from Glassnode shows that Bitcoin Shrimp (holders of less than 1 BTC) continue to aggressively accumulate tokens at a rate of 33.4K BTC per month.

Jack Martin
CBDC   -   Jul 04, 2023 BIS on Digitalization of Money: Improving the Old, Enabling the New
BIS on Digitalization of Money: Improving the Old, Enabling the New

The Bank for International Settlements’ Annual Economic Report 2023 dedicates a significant portion to a ‘Blueprint for the future monetary system’, covering tokenization, CBDCs, smart contracts, and a proposed unified ledger.

Jack Martin
Newsletters   -   Jul 02, 2023 Sunday Review 02/07/2023
Sunday Review 02/07/2023

The prize for pea-brained narcissistic philistine of the week must surely go to the tourist caught on video carving his name into the Colosseum in Rome, who had nothing to offer but a grin when challenged over his actions. Italian authorities soon identified the culprit, who faces up to 5

Jack Martin
Ripple   -   Jul 02, 2023 After Ripple Buys Metaco, Citibank Reportedly Cools on Custody Partner
Citybank Metaco partnership

Just a month after Ripple acquired Swiss crypto custodian Metaco, Citibank is reportedly reviewing its year-old partnership with the firm and is in talks with other custody providers. It is currently unclear whether the two events are linked.

Jack Martin
Regulation   -   Jun 30, 2023 EU Commission Defines Legal Tender of Euro Cash: Acceptance and Access
EU commission digital euro Observers

As part of its work on the digital euro, the European Commission has proposed a definition and regulation for ‘legal tender’ of euro coins and banknotes, as seemingly this has never previously existed in official legislation.

Jack Martin
Regulation   -   Jun 29, 2023 Let There Be Indices! CZ Approves as HK Regulator Demands Easily Met
Let There Be Indices! CZ Approves as HK Regulator Demands Easily Met

Hong Kong authorities recently implemented a rule that crypto tokens must be included on at least two indices to be retail-tradable. So a Hong Kong rating agency created a new index of tokens including BNB, Dogecoin, XRP and Tron, much to the joy of CZ and Justin Sun.

Jack Martin
Adoption   -   Jun 28, 2023 U.S. Crypto Adoption Still Held Back by Lack of Knowledge: NBER Study
U.S. Crypto Adoption Still Held Back by Lack of Knowledge: NBER Study

A long-running study by the National Bureau of Economic Research found that overall crypto ownership rose from under 2% of the U.S. population to almost 12% between 2018 and 2022. However, among the most common reason given for not owning crypto was a lack of knowledge on the subject.

Jack Martin
Adoption   -   Jun 26, 2023 CA/Santander Asset Servicing Arm Registered Crypto Custodian in France
Caseis France

CACEIS Bank registered as a crypto custodian with French authorities, just before stricter regulations come into force for digital asset service providers.

Jack Martin
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