In the US, the Head of the Internal Revenue Service (IRS) has requested authorization from Congress on the regulation of cryptocurrencies.
Goldman Sachs Invests $5 Million In Blockdaemon
Goldman Sachs backed a $28 million funding round for Blockdaemon and invested $5 million in the blockchain infrastructure firm.
MicroStrategy Increases Bond Sales to $500M
MicroStrategy has increased its bond sale, which it announced as $ 400 million, to $ 500 million in order to buy more BTC.
PayPal Traded $2 Billion In Cryptocurrency In May
PayPal traded approximately $2 billion worth of BTC, ETH and LTC in May, while setting a new record with a daily transaction volume of $300 million in the last week.
AgaBullion and Aurus Technologies to Offer Gold-Based Token Sales in Turkey
International gold trading company AgaBullion and UK-based Aurus Technologies have signed a partnership to offer gold-based tokens in the Turkish market.
Ripple Asks for Suggestion on Expanding XRP Ledger or XRPL
Ripple's developers will gather feedback to integrate functions such as smart contracts while arguing that using sidechains rather than expanding the ledger will preserve efficiency.
World Economic Forum Releases Toolkit for DeFi Regulations
The World Economic Forum has released a policy toolkit aimed at providing guidance to regulators and policymakers for regulation in the DeFi field.
Kenya Banks Alert Their Clients About Cryptocurrency Trading
Several Kenyan banks have warned crypto traders to be mindful of the risks. The warnings are said to have gone to customers using credit and debit cards on crypto exchanges.
Tim Wu Owns Over $1M in BTC
It has been stated that White House Technology Advisor Tim Wu has between 1 million and 5 million dollars worth of Bitcoin.
Institutions' Crypto Assets Up 170% In The First Quarter According To A Foreign Exchange's Statement
Cryptocurrency holdings of institutional investors increased by 170% in the first quarter, according to a statement made by a foreign exchange. At the end of 2020, there were 45 billion dollars of crypto assets belonging to institutions, while this amount increased to 122 billion dollars at the end of March 2021.
New Tax Update for Cryptocurrencies from Denmark
The Danish Ministry of Taxation has acknowledged that the tax law is not sufficient for the taxation of cryptocurrencies. While punishing those who filed falsely in cryptocurrency taxation, your goal is to; keeping the rules up to date, limiting errors and fraud.
Shares of Support for BTC from Latin American Politicians
After El Salvador's Bitcoin announcement, Latin American politicians in Argentina, Brazil, Panama and Paraguay took to social media to support Bitcoin.
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.