Going forward toward digital solutions …

Starting today, my focus will be on digital platforms and the exchange of value across these platforms in the form of digital currencies and assets. My consultations will focus on solving problems in the digital space including finding ways to promote acceptance of digital assets as currency. I am so committed to this task that starting on 15 March I will accept bitcoin, Ethereum, silver, or gold as payment for my consulting services.

Thanks for joining me on this venture….

As of 10:27 am AST, cryptocurrency prices hours before the New Year ….

PairsBTCETH
 BTC/USD=28124.40ETH/USD=733.872
 BTC/EUR=22,895.20ETH/EUR=597.422
 BTC/JPY=2,903,660ETH/JPY=75,767.30
 BTC/CNH=183,043ETH/CNH=4,776.27
 BTC/DKK=170,321ETH/DKK=4444.31
 BTC/CHF=24,829.20ETH/CHF=647.888
 BTC/GBP=20,711.40ETH/GBP=540.437
Source: OANDA

Legal Events Impacting Trade in Cryptocurrency/Digital Assets

None to report.

Foreign exchange rates as of 2:50 pm AST

PairsPer Federal Reserve as of 18 December 2020Per OANDA as of 18 December 2020Per OANDA as of 24 December 2020
GBP/USD1.34971.35201.34485
USD/CAD1.27761.27601.28716
USD/CNH6.53956.51976.53226
USD/DKK6.07986.07316.10305
EUR/USD1.22361.22481.21854
USD/INR73.530073.413973.7316
USD/MXN19.981319.897820.0878
USD/JPY103.3500103.35103.50
USD/NOK8.59598.58788.68864
USD/SEK8.27868.27478.30357
USD/CHF0.88500.88440.88859

Legal/Political events impacting foreign and cryptocurrency exchanges

SEC Issues Statement and Requests Comment Regarding the Custody of Digital Asset Securities by Special Purpose Broker-Dealers

Washington D.C., Dec. 23, 2020 —

The Securities and Exchange Commission today issued a statement and request for comment regarding the custody of digital asset securities by broker-dealers in order to encourage innovation around the application of Securities Exchange Act Rule 15c3-3 to digital asset securities.

The statement sets forth the Commission’s position that, for a period of five years, a broker-dealer operating under the circumstances set forth in the statement will not be subject to a Commission enforcement action on the basis that the broker-dealer deems itself to have obtained and maintained physical possession or control of customer fully paid and excess margin digital asset securities for the purposes of paragraph (b)(1) of Rule 15c3-3. These circumstances, among other things, include that the broker-dealer limits its business to digital asset securities, establishes and implements policies and procedures reasonably designed to mitigate the risks associated with conducting a business in digital asset securities, and provides customers with certain disclosures regarding the risks of engaging in transactions involving digital asset securities.

In addition, the Commission is requesting comment to provide the Commission and its staff with an opportunity to gain additional insight into the evolving standards and best practices with respect to custody of digital asset securities. Such insights will serve to inform any potential future Commission action in this space.

The Commission statement and request for comment are published on the Commission’s website and will become effective 60 days after publication in the Federal Register. The Commission welcomes engagement from interested parties on these issues.

Source: U.S. Securities and Exchange Commission