The government of India has come to the end of its legal process regarding Bitcoin, following tax restrictions on cryptocurrency miners and investors. The Minister of Finance of India announced that he will not ban cryptocurrencies, in addition, the Central Bank of India is continuing its CBDC activities.
Petition Written to the Central Bank of France to Buy BTC
A French Member of Parliament signed a petition to allow the Central Bank of France to buy and hold Bitcoin and other cryptocurrencies. The purpose of the petition is to support the financial development of France with cryptocurrencies with the support of lawmakers.
Former White House Employee Says US May Get ETF Approval
Skybridge Capital hedge fund co-founder and former White House employee Anthony Scaramucci said if Gary Gensler was elected president of the US Securities and Exchange Commission this year, a US-approved Bitcoin ETF could be seen by the end of this year.
Buterin Says Optimism Will Provide 100X Scaling
Ethereum creator Vitalik Buterin stated that the Optimism update will soon launch its mainnet and the scaling potential of Ethereum will increase by a factor of 100.
Luxury Hotel Chain Will Receive Payment With Bitcoin
Kessler Collection, a top class hotel chain based in the US, announced that it will accept cryptocurrency payments. The company stated in a statement that they believe in cryptocurrencies.
NFT Calls Are Increasing Rapidly
Google Trends results show that "NFT" searches, which have become increasingly popular lately, surpass the searches for "DeFi" at a surprising rate. NFT enthusiasts spend millions of dollars on digital artworks, famous NFTs, digitized albums, rare collections and tweets.
BTC Development Community Receives Another $ 150K Donation
Brink, the non-profit development organization that protects the Bitcoin protocol, received a $ 150,000 donation from Nexo after Jack Dorsey donated 1 BTC to the organization.
SEC Asks for a Breakdown of Ripple Founders' Personal Spending
The U.S. Securities Commission (SEC) has requested to find out about the personal expenses of the Ripple company's founders. Seeking eight banks to provide financial transaction breakdowns, the SEC wants to see Ripple founders up to their grocery shopping.
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