Gemini announced during the week in a press release that the exchange has partnered with leading insurers to provide coverage on custodial digital assets.

The company also launched a new stablecoin (GUSD) touted as more transparent and auditable than current coins. Additionally, the Gemini’s Winklevoss twins are very active in bringing cryptocurrencies to Nasdaq and educating Wall Street.

Play2Live, a streaming platform for gamers and esports fans has launched their blockchain streaming platform open beta to the general public for testing.

Streamers, viewers and esports tournament organizers are expected to benefit from monetization schemes through the streaming platform. According to the official announcement, coins on the platform can be used for donations, voting and for assigning special tasks to streamers.

Tilman Fertitta, Houston Rockets billionaire has officially announced that his luxury car retailer Post Oak Motor Cars as the first Bentley, Bugatti and Rolls-Royce dealership in United Stated to accept cryptocurrency as payment.

Fertitta mentioned that his decision for this adoption is to focus on enhancing customers' experiences. Being a luxury car dealer, Fertitta always wanted to give his customers the best buying experiences and allow anyone around the world to be able to buy cars easier and faster.

The Securities and Exchange Board of India (SEBI) organized tours to other countries for its officials to study cryptocurrencies and initial coin offerings (ICO).

The Indian regulator reports that authorities have already undertaken “study tours” in particular to study cryptocurrency and ICOs at Japan’s Financial Services Agency (FSA), the U.K. Financial Conduct Authority (FCA) and the Swiss Financial Market Supervisory Authority (FINMA).

The overseas study trips reportedly took place to help officials engage with the international regulators and gain deeper understanding of the systems and mechanisms, the document states.

The U.S.’s second-largest bank, Bank of America (BofA), has applied for another blockchain patent on the development of a secure crypto storage system.

The patent, entitled “Block Chain Encryption Tags,” describes a system of recording and storing cryptocurrency-related transactions that are handled by enterprises. In short, the invention offers a system of data security for blockchain networks by implementing encryption and linking data units to the blocks of a certain blockchain.