Burkhard Balz, a politician and board member of the German Central Bank, made statements about the digital Euro. He said that they look favorably on the idea of the digital euro, but CBDC, the Central Bank Digital Currency, is a political decision, not a technical one.
London-Based Fintech Firm Reserves Into Bitcoin
Fintech firm Mode announced that it will use 10% of its reserve to buy Bitcoin. The company, which is traded on the London Stock Exchange, will invest a large part of the 7.5 million pounds it collected to Bitcoin.
Institutional Investments in Bitcoin Markets Raised ATV Rate
The Bitcoin average transaction value (ATV) has risen by a record; 500% in the last 4 months. ATV, which was around $ 25,000 in the previous periods, saw $ 151,000 in October. Analysts argued that the rise in institutional investments along with the transaction volume reinforced Bitcoin's presence in the market.
PayPal Will Allow Use Of The Cryptocurrencies By 2021
PayPal, one of the largest global payment providers with 346 million active accounts and $ 222 billion in volume processed in the second quarter of 2020, said its customers will be able to use cryptocurrencies to shop from 26 million merchants in its network from the beginning of 2021. In addition to cryptocurrency payments, PayPal users will also be able to purchase crypto directly from the app.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju 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.