When the Bitcoin side purchases of institutional interest are analyzed, it is seen that three companies from the USA and one company from China have bought all Bitcoins mined in the past six months. These four companies were MicroStrategy, Tesla, Square and Meitu.
New Letter from Ripple to the Court
Another letter has been submitted to the court by Ripple during the lawsuit between Ripple and SEC. According to the document submitted to the court, it appears that Ripple has changed its defense strategy again by highlighting Ethereum and Bitcoin.
Visa Can Be Integrated With Bitcoin Wallets
According to the information shared by Bloqport, the CEO of payments giant Visa announced that they are working on their payment system to be integrated with Bitcoin and make BTC payments. When the integration occurs, Bitcoin will be accepted as a payment method in more than 70 million places.
Velo Merges with Interstellar
Blockchain-based financial protocol Velo Labs, which provides digital loans to companies, announced that it has acquired Interstellar. According to the company's statement, the main goal is to create and develop a Stellar (XLM) based payment network.
Stimulus Payments Will Be Made Next Week
According to the latest statements made by the US elected President Joe Biden, the distribution of 100 million dollars will start and end in the next ten days.
10% of US Citizens Can Invest In Cryptocurrencies
Japanese investment banking and securities company Mizuho Securities surveyed recipients of $1,400 stimulus checks. According to the survey results, US citizens will invest 10% of the aid they will receive in Bitcoin and other cryptocurrencies. This amount corresponds to approximately 24 billion dollars.
South Korea Will Request Reporting Of All Transactions
South Korea's cryptocurrency regulatory area is introducing a reporting law for crypto businesses in the country. According to the regulation expected to take effect on March 25, the exchanges, asset managers, wallet providers and custody platforms will file all their transactions.
Minister of Treasury and Finance Speaks About Cryptocurrencies
Minister of Treasury and Finance Lütfi Elvan announced that they have appointed a deputy minister to examine the cryptocurrency transactions in Turkey. Elvan added that Turkey has also concerns about cryptocurrencies as the rest of the world.
Japan Starts CBDC Tests
The President of the Bank of Japan argued that states should be prepared to issue their own digital currencies. Although the bank states that it has not yet considered issuing digital money, CBDC tests are expected in April.
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