CitiGroup has announced its new group, called Digital Assets Group, which focuses on the cryptocurrency and blockchain space.
Norwegian Financial Supervisory Authority, Consumer Coordinator Warns
“There is a strong need for a legal framework and investor protection for cryptocurrencies to be a viable form of investment for consumers,” said the Norwegian Financial Supervisory Authority consumer coordinator. said.
FCA Warns Crypto Companies
The UK's financial regulator, the Financial Conduct Authority (FCA), has approved the activities of the fifth cryptocurrency company, while warning investors that 111 companies are offering crypto services in the country without proper registration.
Andreessen Horowitz Grows Crypto Fund
Andreessen Horowitz (a16z), which manages $865 million and raises its total assets devoted to crypto (AUM) to over $3 billion, has announced a new $2.2 billion crypto fund.
Chainalysis Value Reached $4.2 Billion
Chainalysis, a blockchain data company, has raised an additional $100 million in investment, raising its total value to $4.2 billion.
NYDIG and Q2 Partnership
New York Digital Investment Group (NYDIG) has announced that it has partnered with Q2 to provide access to Bitcoin for bank account holders in the US.
El Salvador Introduces BTC Wallet While IMF and El Salvador Continue Their Talks
Having previously stated that El Salvador's legalization of Bitcoin is alarming, the IMF announced that talks with El Salvador are ongoing, sharing its macroeconomic and legal concerns. El Salvador, on the other hand, promotes its own country's BTC wallet and distributes $30 worth of BTC to its citizens using the wallet.
Bitcoin Bill in Paraguay
In Paraguay, a bill has been prepared to legalize Bitcoin and use it as a reserve.
1500 ATMs from Athena Bitcoin to El Salvador
Athena Bitcoin, the Bitcoin ATM operator, is preparing to install 1500 new ATMs in El Salvador, which has legalized Bitcoin.
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