Hodler's Digest, May 7-13: From Facebook To NYSE, Mainstream Thinks Of Adoption

The New York Times reported this week that the NYSE might be giving its customers the option to buy and hold Bitcoin, an assertion backed up by documents, emails, and anonymous sources that confirm these future crypto traders contracts.

The head of Facebook's Messenger app-David Marcus, who is also on the board at crypto exchange and wallet Coinbase-announced this week that he is setting up a small working group for looking into blockchain use across Facebook.

The news has plunged the country into economic turmoil, resulting in a surge of interest towards crypto.

A UK crypto trading platform and an Austrian crypto exchange have asked for more clear crypto regulation in order to "Know where we stand." According to the two crypto companies, the current AML/KYC regulation leaves them uncertain as to how their businesses fit into the existing regulatory landscape.

A local news source says that the Azerbaijani crypto market saw an uptick in popularity from May-December 2017, falling in line with last fall's global crypto craze.

Bloomberg has announced the release of the Bloomberg Galaxy Crypto Index, created in collaboration with former Wall Street exec Mike Novogratz's crypto merchant bank, Galaxy Digital Management.

For the start, ten coins from the "Most liquid" part of the crypto market will be listed, including BTC, ETH, XRP, and others.

For more info on crypto prices, make sure to read Cointelegraph's market analysis.

Crypto exchange Upbit is reportedly being investigated by local police in South Korea, who believe the exchange faked its balance sheets and deceived investors.

Ten investigators will conduct an audit of the exchange's crypto holdings.