• Aspen Digital

International Monetary Fund In Talks With El Salvador For Compiling Bitcoin Adoption Statistics

Daily Market Wrap

  • Crypto market cap: 1.28 trillion, up 2.06%

  • BTC price stands at USD 30,033, up 2.75%

  • ETH price stands at USD 2,006, up 1.21%

  • Top gainer: TerraUSD (UST), up 376.08%

  • Top loser: Klaytn (KLAY), down 5.01%


News of the Day

International Monetary Fund is in talks with El Salvador for compiling Bitcoin adoption statistics

Why it matters:

  • Gerry Rice, a spokesperson of the International Monetary Fund (IMF), stated that their team members are communicating with the Salvadoran government regarding tax and money laundering matters.

  • Even though the International Monetary Fund (IMF) disagreed with the government on the move of adopting BitcoIn as legal tender last year, it is still having regular talks with the Salvadoran government officials.

  • Rice specified the purpose of the ongoing talks, providing technical assistance to the government regarding bitcoin adoption statistics.

  • Earlier this year, the International Monetary Fund (IMF) urged El Salvador to drop the Bitcoin Tender Law, which might pose stability risks for the nation. However, president Nayib Bukele has stayed his course and keeps “buying the dip”.


Crypto daily spotlight

Filecoin Foundation Is In Partnership With Lockheed Martin to Explore Hosting Blockchain Nodes in Space

Brief introduction: Filecoin is a decentralized storage system that enables anyone to rent out spare storage space on their computer. Launched in October 2020, Filecoin aims to store data in a decentralized manner, and leverage its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.

Why it matters:

  • Defense contractor Lockheed Martin (LMT) and the Filecoin Foundation plan to identify a satellite or other space-faring platform that can hold the technology to operate an InterPlanetary File System (IPFS) node

  • Marta Belcher, the head of policy and general counsel at Protocol Labs — a key player in the Filecoin ecosystem, said the idea is to reduce latency when downloading data from remote locations like the moon.

  • Joe Landon, vice president of advanced programs development at Lockheed, believes that the move is an emerging “space economy.”

Daily sector tracker

Daily News Roundup

  • Brazilian Real Estate Developers Gafisa Is Now Accepting Bitcoin Payment https://bit.ly/3MKtMoL

  • Bitcoin Records Eighth-week Losses For The First Time In Its History https://bit.ly/3LHvFB5

  • Crypto Exchange Coinbase Added The BNB Chain And Avalanche to the Coinbase Wallets https://bit.ly/3LJj7ZU

  • Crypto Exchange Reportedly Seeks Acquisitions in Brokerage Space https://bit.ly/3sSCysR

  • GameStop Unveils Beta Crypto Wallet And Upcoming NFT Platform https://bit.ly/3lG2Fiy


About Aspen Digital

Aspen Digital is a leading technology and financial services company with a mission to accelerate the mass adoption of digital assets. The company provides a digital asset management solution for asset managers, institutions, and sophisticated investors. Aspen Digital was co-founded by digital assets innovators and asset management veterans at Everest Ventures Group (“EVG”) and TT Bond Partners (“TTB”) in 2021.

For more information, please visit https://www.aspendigital.co/

Sign Up on Aspen Digital

We have launched the beta version of our platform. If you would like to know more, please sign up here.


2 views0 comments