Metaverse NYE Parties: Decentraland New Year’s Eve Bash to Recreate One Times Square, Paris Hilton to DJ in Roblox

December 31, 2021 Bitcoin.com

Our Crypto Predictions for 2022

December 30, 2021 The Crypto Briefing

Mexican billionaire says ‘buy Bitcoin’ in New Year message

December 27, 2021 Coin Telegraph

2022

Life advice from Mexico’s third-richest person: “Don’t be jealous, believe in yourself and buy Bitcoin.”

Mexico’s third-richest person sent out a heart-warming New Year message to Bitcoin (BTC) enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying Bitcoin in a two-minute festive video.

He gives three pieces of advice to his 957,200 followers on Twitter as part of his Christmas and New Year message before asking his followers to retweet and share:

“Steer clear of fiat money. Whether it’s the Dollar, the Euro, or the Yen –it’s all the same. It’s fake money made of paper lies. Central banks are producing more than ever.”

He pauses before pointing to the camera to say, “Invest in Bitcoin!”

In front of a golden Christmas tree, the other two “presents” of advice Salinas left his followers were to let go of jealousy and to believe in oneself, particularly when pursuing freedom and innovation.

It’s no surprise that Salinas promotes investing in BTC. As a prominent Bitcoin evangelist since 2013, his Twitter bio describes himself simply as a “Mexican businessman and Bitcoin holder.”

Salinas aims to make Mexico’s second-largest retail bank, Banco Azteca, the first lender in the country to do business in BTC. However, Salinas, chairman of the bank’s parent company, Grupo Salinas, was left disappointed in June this year.

In response to his ambitious plans, Mexico’s central bank stated that cryptocurrencies like Bitcoin are not legal tender and are prohibited from use in the country’s financial system. In September this year, Alejandro Díaz de León, governor of the Bank of Mexico, dismissed BTC as a reliable legal tender, citing price volatility as a major roadblock toward full-fledged adoption.

It’s unlikely to deter Salinas. He has been orange-pilling Mexico’s 128 million people since the summer, and in an interview with Cointelegraph in January this year, he shared his conviction for BTC as a non-confiscatable asset.

In the interview, he also declared that he first bought BTC at $500 in 2013 through Grayscale, saying that by 2018, it had been one of his “best investments ever.” He has also tweeted in favor of Bitcoin remittances, which could be a potential $40-billion market for Mexicans sending cross-border payments to the United States.

SWIFT Will Explore Tokenized Asset Market in 2022

December 23, 2021 The Crypto Briefing

FOMO will drive crypto adoption in 2022, says BlockFi co-founder

December 21, 2021 Coin Telegraph

2022

BlockFi’s co-founder expects upward price action, new talent and regulatory clarity will create a bubbling FOMO atmosphere for crypto adoption in 2022.

Flori Marquez, the co-founder of cryptocurrency custodian BlockFi, said that upward price action, new talent and regulatory clarity will combine to create a bubbling FOMO atmosphere for crypto adoption in 2022. In an interview with Yahoo Finance on Friday, Marquez also shared insights regarding industry growth in 2021.

Marquez suggested that crypto has become “more digestible” for the average consumer than it was back in 2016. She explained that other significant drivers for growth in 2022 will be the wealth of skilled experts coming to work in the crypto industry and regulatory clarity.

The stats she cited set an optimistic foundation for growth in 2022. According to BlockFi research, one in 10 people plan to gift crypto this year while also adding:

“About two-thirds of Americans prefer to talk about crypto versus if you think about five years ago, only 1% of people had ever traded crypto, and 50% of Americans had never heard of crypto five years ago.”

BlockFi’s internal metrics are also indicative of burgeoning adoption. In the first year of its reward card’s operations, 75,000 people signed up. Marquez pointed out that the figure is “absolutely huge because most fintech companies look to see about 10,000 credit cards in their first year.”

More interesting for FOMO in 2022 is the revelation that for the “majority of Blockfi’s clients–when they receive a BTC reward, they’re not selling that for cash.”

These discoveries reflect broader adoption trends across the crypto space, particularly among younger people. A recent CNBC survey revealed that 83% of Millennial millionaires now own crypto. “Hodling” is catching on among BlockFi’s clients, 38% of whom plan to hold, and only 6% plan to reduce their crypto exposure in the coming year.

For Marquez, however, it’s the festive timing of new regulations and new talent coming into the crypto space that is pivotal. She commented that crypto and fintech have been huge attractors to people who are looking to learn something new and expand their careers.

“So I think we’re going to see more talent shifting from other more traditional industries into crypto and the fintech sector. And the last thing that I think we’ll see in 2022 is some regulatory clarity.”

As families come together during the holiday season with Bitcoin’s (BTC) price holding steady above $48,000, a deep-seated, long-awaited FOMO atmosphere could drive both prices and adoption in 2022.

China wants US senators to ‘stop making trouble’ out of digital yuan

July 21, 2021 Coin Telegraph

2022

China's Foreign Ministry responded to U.S. senators' claim regarding the digital yuan's function as a tracking and tracing tool during the 2022 Beijing Winter Games.

The heat is rising between the United States lawmakers and Chinese officials even before the Olympic flame ignited at the 2022 Beijing Winter Games.

During a press briefing on Tuesday, Chinese Foreign Ministry spokesman Zhao Lijian addressed U.S. senators’ warning letter to the U.S. Olympic and Paralympic Committee regarding the use of digital yuan at the Olympic games next year.

Calling for the U.S. politicians to “abide by the spirit stipulated in the Olympic Charter,” Lijian asked them to “stop making sports a political matter and stop making troubles out of the digital currency in China,” the South China Morning Post reported.

Claiming that the recent actions revealed the ignorance, Lijian suggested U.S. lawmakers “figure out what a digital currency really is.”

Earlier this week, Republican senators Marsha Blackburn, Roger Wicker and Cynthia Lummis wrote a letter to U.S. Olympic and Paralympic Committee board chair Susanne Lyons. Highlighting the allegation that digital yuan can be "tracked and traced" by the People’s Bank of China (PBoC), the three requested officials prevent U.S. athletes from using or accepting Chinese digital currency.

Claiming the Chinese Communist Party could use the digital currency to surveil visiting athletes upon their return to the United States, senators said the new features of digital yuan enables Chinese officials “to know the exact details of what someone purchased and where.”

In the letter, the three requested a briefing on the topic for the Senate Committee on Commerce, Science and Transportation within 30 days.

On the other hand, China regards the Beijing Winter Olympics, slated for next year, as the first test of China’s central bank digital currency by foreign users.

Speaking at the Boao Forum for Asia in April, PBoC deputy governor Li Bo said, “For the upcoming Beijing Winter Olympics, we were trying to make e-CNY available not only to domestic users but also to international athletes and like visitors.”

2022

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