Bitcoin has seemingly taken far less of gold’s market capitalization than previously claimed, according to new research conducted using the flagship cryptocurrency’s realized market capitalization.

The President of the European Central Bank, Christine Lagarde, has called for global regulation of bitcoin, saying the cryptocurrency has been used for money laundering activities and that loopholes needed to be closed.

Japan’s top securities watchdog, the Financial Services Agency (FSA) has reportedly said it does not consider XRP to be a security, arguing the token does not meet the definition of a security under Japanese law.

Top stories in the Crypto Roundup today:

• Bitcoin Has Only Taken 2% of Gold’s Market Cap, Research Suggests
• ECB President Christine Lagarde Calls for Global Bitcoin Regulations
• Japan’s Top Securities Watchdog Says XRP is Not a Security
• DOT, LRC, SUSHI Are Moving in the Crypto Market

Source: https://www.cryptocompare.com/email-updates/daily/2021/jan/14/