Crypto Market Weekly Summary: November 8 - November 12, 2021

Crypto Market Highlights

• Indian parliament to discuss crypto regulation with industry leaders Nov. 15

• Theater chain AMC starts accepting Bitcoin, Ether, Litecoin and Bitcoin Cash for ticket purchases

• Crypto is now banned for Muslims, according to Indonesian Religious Council

• Bank of England says CBDC could launch between 2025 and 2030

• ETH flips BTC in trading volume and transaction revenue - Coinbase earnings

• Ripple launches new product that allows financial service firms to offer crypto trading

• Apple CEO Tim Cook reveals that he owns BTC and ETH

• Austria considering a 27.5% capital gains tax on digital tokens from March 2022

• SEC rejects VanEck's spot bitcoin ETF

• Hong Kong firm OneDegree to offer crypto insurance in a first for Asia