MicroStrategy CEO Michael Saylor argued that Bitcoin should never be a currency, while stating that Bitcoin is a property like stocks, buildings or gold.
Justice Rewards Program Will Accept Cryptocurrency
The US Department of State's Awards for Justice (RFJ) program is adding cryptocurrencies to its payment options.
PayPal Raises Cryptocurrency Limit
PayPal has increased its cryptocurrency limits for its US customers to $100,000 per week with no annual purchase limits.
Major Marketing Campaign from the UK Financial Conduct Authority
The UK Financial Conduct Authority (FCA) is launching a $15 million marketing campaign to warn young investors of the dangers of high-risk investments, including cryptocurrency.
Powell Says There Is No Need For Cryptocurrencies If There Is A Digital Dollar
Fed Chairman Powell, in his speech last Wednesday, mentioned cryptocurrencies and stablecoins and stated that if there were digital dollars, crypto assets would not be needed.
Cambridge Center for Alternative Finance Research
According to research by the Cambridge Center for Alternative Finance, China's share of the BTC hash rate dropped from 75.5% in September 2019 to 46% in April 2021, and in fact, China's share of global Bitcoin production power had declined drastically before the mining pressure.
SECO Helps Crypto Valley Venture Capital
The Swiss Secretariat of State for Economic Affairs (SECO) is helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa.
ECB Moves to Research Phase for CBDC
The ECB has decided to initiate the investigation/investigation phase of the Eurozone central bank digital currency (CBDC).
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