Crypto News Roundup for July 21, 2021

With the crypto markets rebounding into the green and a look at the existential challenges blockchain technology presents to traditional finance, CoinDesk’s Markets Daily is back with the latest news roundup.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

With the crypto markets rebounding into the green and a look at the existential challenges blockchain technology presents to traditional finance, CoinDesk’s Markets Daily is back with the latest news roundup.

Add Markets Daily to your Alexa Flash Briefing here.

This episode is sponsored by Kava and Nexo.io.

Today's Stories:

Stock Futures Point to Dow Extending Rebound

Oil Rises With Strength in Equities Countering Higher Stockpiles

European stocks jump as investors brace themselves for further European Central Bank stimulus

US housing inflation: the sleeping giant that might tip the Fed’s hand

Central banks and wealth funds going greener and more activist

Bitstamp Adds Support for Tether’s Euro-Backed Stablecoin Amid Increasing Demand

Bank of America Is Clearing Crypto exchange-traded products (ETPs) for Hedge Funds in Europe

Digital Yuan Insurance Policies Land in Shenzhen

Canada CBDC 'Probably Necessary' for Competition, Central Bank Says in a new Paper

EU Policymakers Propose Tighter Regulation of Crypto Transfers

Institutional Demand for Bitcoin Remains Weak

BNY Mellon Follows State Street in Backing Soon-to-Launch Crypto Trading Platform

FTX Crypto Exchange Valued at $18B in $900M Funding Round

US Patent Granted to Stablecoin Concept Backed by Government Debt

Viridi Funds Launches ETF Focused on Cleaner Energy Crypto Miners

MakerDAO Moves to Full Decentralization; Maker Foundation to Close in 'Months'

Georgia to Put Its Wine on the Blockchain

Featured Story: Blockchain or Blockbuster? The Choice | Jerald David

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.