BitDigest February 26 · Issue #850

• Crypto prices endure difficult week with new late night slide driving prices down 8%
• The Financial Action Task Force is releasing updated guidelines on virtual assets and plans to address regulatory requirements and new stipulations on stablecoin
• Coinbase files S-1 ahead of direct listing

👀🅱️Premium to NAV for top crypto products Grayscale’s Bitcoin Trust (OTCQX: GBTC) and Ethereum Trust (OTCQX: ETHE) as well as the new Purpose Bitcoin ETF (TSX: BTCC.U) are all negative as of the close of market last night.

The Headlines

Market Data

Thoughts on the Ecosystem