Crypto on LYO: The Blend — Steph Curry Files Trademark for the Curryverse, India Launches Digital Rupee, Crypto ATM Worldwide Reaches 38,804

What happened in the crypto world in the last week? Let’s see some interesting news together!

Steph Curry Files Trademark for the Curryverse

NBA superstar Stephen Curry is making his way to the metaverse by filing a trademark for the Curryverse metaverse, where players are rewarded with NFTs.

Once the application is approved Curry will be granted exclusive rights for “entertainment services, namely, personal and virtual and metaversal appearances.” Moreover, the Curryverse will reportedly provide online gaming services where players can earn fungible and nonfungible tokens. The said tokens can be bought or sold at an online marketplace.

India Launches Digital Rupee

The Reserve Bank of India (RBI) has launched the digital rupee pilot for the wholesale segment on November 1. The pilot included the State Bank of India, the largest Indian bank, and several locally operating banks.

Settling government securities secondary market transactions will be the main use case of India’s central bank digital currency. According to (RBI), the digital rupee will reduce transaction costs of settlements for the interbank market to be more efficient.

Crypto ATM Worldwide Reaches 38,804

According to Coin ATM Radar, the number of crypto ATMs worldwide is nearly 39,000.

The United States is home to almost 88% of the total crypto ATMs around the globe. In fact, 129 crypto ATMs were installed in the country in October alone. Meanwhile, Canada houses 566 crypto ATMs, which makes up 6.6% of the total and puts the country in second place next to the US.

The third-largest crypto ATM hub in the world is Spain with a total of 215 ATMs, amounting to 0.6% of the total.