Tuesday, June 22, 2021

crypto news

MicroStrategy buys $489 million worth of bitcoins.

Founder and CEO of MicroStrategy, Michael Saylor, tweeted that the firm has bought an additional 13,005 bitcoins worth $489 million. The firm purchased an...

People’s Bank of China orders domestic banks to cut off any funding channels for crypto OTC merchants.

In its latest effort to crack down on crypto trading activities, the central bank ordered attending banks to cut off any funding channels for...

Spanish deputies seek to accelerate the implementation of a digital euro.

A group of Spanish deputies filed a proposal seeking to accelerate the implementation of a digital euro. The proposal presented on June 8 asks for...

Crypto mining firm Bitsource announces a 1000MW investment in clean energy in North America.

According to the official press release, Bitsource Technology USA Inc, mining services and hardware company, announced a 1000 megawatt investment in clean energy for...

Spanish banking giant BBVA to launch crypto services in Switzerland.

After conducting tests for several months, the Swiss branch of the large Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) has announced plans to...

US Republican House Committee is now accepting crypto donations.

The National Republican Congressional Committee (NRCC) is a campaign arm of the Republican Party, working to elect candidates to the United States House of...

Billionaire Tim Draper predicts that Bitcoin will reach $250,000 by the end of 2022.

Billionaire Tim Draper has doubled down on his prediction that Bitcoin will reach $250,000 by the end of 2022. Draper first made this prediction...

India’s central government reviews legislation that could ban crypto.

According to the BloombergQuint report, regulators, stakeholders, and the government is addressing three key issues in legislation that could ban cryptocurrencies in the country. First,...

Regulators force Korean exchanges to delist and place high-risk coins on an investor warning list.

South Korea's cryptocurrency exchanges continue to transform under the weight of mounting regulatory pressures. Major crypto exchanges such as Upbit have this week moved...

Russian lawmaker criticizes central bank’s approach towards cryptocurrencies.

A Russian State Duma member has blasted the central bank's tough stance on the cryptocurrency industry for ignoring the growing demand for crypto in...

Goldman Sachs plans to offer Ethereum options and futures.

According to the Bloomberg report, Goldman Sachs is planning to offer ETH options and futures in the next few months. Matthew McDermott, Goldman's head...

China debuts its first blockchain-powered digital yuan transactions in the Xiong’an New Area.

China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments through digital yuan. According to the official website of the Xiong'an...

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