EddieJayonCrypto
27 Dec 22
• Fidelity files for more trademarks covering NFTs, the Metaverse and crypto• Japan is making moves to spur crypto growth in the country and others should be listening• El Salvador is setting the example by educating their young about crypto, adopting will growSo many shiny things are captivating a ...
• Fidelity files for more trademarks covering NFTs, the Metaverse and crypto• Japan is making moves to spur crypto growth in the country and others should be listening• El Salvador is setting the example by educating their young about crypto, adopting will growSo many shiny things are captivating a lot of people. Here is what is on my mind today.1. With assets over $4.5T, Fidelity is digging in with a bunch of new NFT, Metaverse and crypto trademarks. I keep telling people to stop allowing themselves to be distracted. Moves like this are telling of a foundation being built by traditional and non-traditional finance. 2. Japan is expected to lift the ban on the domestic distribution of stablecoins. The bill to allow this is also meant to regulate stablecoins (makes sense). Japan has been taking steps to stimulate the crypto sector in their country, including tax breaks and the relaxing of crypto registration. 3. As developed countries around the world fight over just how tight to squeeze the crypto industry, and countries like the United States are failing to educate children on even traditional finance, developing countries like El Salvador are teaching their children the ways of non-traditional finance, Bitcoin and crypto. Pay attention to those that are learning and adapting. I think they can and will leap ahead if everything maintains course. Continue to do your own research, but not just for investment, but for adoption as well.