A few weeks after the meeting with US-based miners was said to be "promising", it became clear that Elon Musk would not have a real role in the formation and functioning of the Bitcoin Mining Council.
Report on El Salvador and Bitcoin from JPMorgan
In its report on El Salvador's acceptance of BTC as legal currency, JPMorgan stated that it is difficult to see an economic benefit in this regard and will complicate relations with the IMF.
Invesco Plans to Offer Two Crypto-Based ETFs
Invesco, a more than $1.5 trillion investment management firm, has submitted its approval request documents to the SEC to offer two cryptocurrency-based ETFs.
China Yunnan Province Bans BTC Mining
Authorities in China's Yunnan province have reportedly banned Bitcoin mining, joining three other provinces that have issued similar bans.
Arrington Capital Management to Launch $100M Fund
Crypto venture capital firm Arrington Capital Management has announced that it will launch $100 million worth of funds for projects to be built into the Algorand ecosystem.
Websites Explaining Cryptocurrency Trading To Be Blocked In Perm, Russia
A court in Russia's Perm region has decided to block websites that explain how to exchange fiat currencies with cryptocurrencies and trade cryptocurrencies.
Brazil Central Bank Pulls CBDC Target Date Back Two Years
While The Banco Central do Brasil (BCB) is postponing the launch date of the Central Bank digital currency (CBDC), BCB said that the adoption of the Brazilian CBDC is dependent on the development of its current projects and the international landscape.
First ETF in Latin America to Be Traded on June 23
The first BTC ETF in Latin America will begin trading on the Brazilian stock market on June 23.
Twitter Founder Says Lightning Network Integration Is a Matter of Moment
Twitter founder Jack Dorsey implied that the integration would happen, saying it's just a matter of time when asked about whether Twitter will integrate into the Bitcoin-Lightning Network.
Taproot Update Will Be Deployed in November 2021
The Taproot update on Bitcoin has been sealed and will be rolled out in November 2021.
Investigation from India to Cryptocurrency Exchange in His Country
The Executive Directorate of India announced that it has launched an investigation into a cryptocurrency exchange in its country for violating the foreign exchange law in the country.
ECB President's Opinion on Cryptocurrencies Has Not Changed
European Central Bank (ECB) President Lagarde stated that his opinion for Bitcoin and other cryptocurrencies has not changed after the legalization of Bitcoin in El Salvador.
Texas State Banks Can Store Cryptocurrency
The state of Texas, which gives the green light to its customers about cryptocurrency custody service, if the banks working under the state meet the conditions to be determined, the state of Texas has accepted the bill presented on this issue.
Prerequisite for BTC Acceptance from Tesla
If at least 50% of the energy used for Bitcoin mining comes from renewable sources, Tesla will reconsider allowing BTC transactions.