Welcome to the Tech Meme Right Home from Monday, December 27th, 2021. I'm Brian McCullough today.

Gibraltar wants to add crypto to its stock exchange. The complicated truth about how successful Alexa has actually

been as a product for Amazon. It was a big year for decentralized exchanges, but an even bigger

one for centralized ones and the story behind that SOS token drop that happened

on Christmas Day.

Here's what you missed today in the world of tech. Gibraltar's regulators are considering a plan to add

cryptocurrencies to its stock exchange risking reputational damage and

even diplomatic sanctions if it follows through.

If you're unaware, Gibraltar is a British overseas territory that has some considerable degree

of autonomy as these things go, so in the grand tradition of tiny nations or even islands being unique

jurisdictional entities for monetary or tax purposes, quoting the Guardian, it is a bold move

for a territory of just 33,000 people where the financial sector,

which accounts for roughly a third of Gibraltar's 2.4 billion pound economy, is overseen

by a regulator staff by 82 employees.

If all goes to plan, the enclave could become a global cryptocurrency hub.

If the controls set by the small team of regulators fail, it risks reputational damage and ultimately diplomatic

sanctions that could threaten its economy. While countries including China and

the UK have either banned or openly warned against investments in crypto

assets, Gibraltar has bucked the trend,

having committed to formally regulating

cryptocurrencies in an attempt to future-proof the territory's status

as a financial hub.

...