Grayscale, the world's largest digital asset management firm, announced its Q3 report and stated that the firm raised over $ 1 billion in the capital in a single quarter. The interest in Grayscale funds, in which only institutional and accredited investors can participate, is considered as an indication that institutional investors considering cryptocurrency investments seriously.
115 Million $ BTC Investment from Stone Ridge
After the BTC investment of Twitter founder Jack Dorsey's company Square, BTC investments of corporate companies started to increase. On top of that, Stone Ridge, an important company in the financial world, announced that they added $ 115 million worth of Bitcoin to their treasury reserves.
Italian Banks Are Integrating Into Blockchain
The Italian Banking Association (ABI) announced that about 100 banks have been integrated into the country's Blockchain network Spunta. In the application that started in March 2020, there are 55 banks in the first stage and while data transfer is provided, approximately 100 banks have been integrated into the system and it was stated that the agreement between banks can be completed in a short time like within a day.
Cryptocurrency Ban from Russia
The Central Bank of Russia recently passed a law on cryptocurrencies following CBDC statements. According to the statement, non-qualified investors will only be able to buy a maximum of 600,000 Rubles ($ 7,700) worth of cryptocurrencies.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.