Dan Morehead, CEO of Pantera Capital, which manages $4.8 billion in assets, stated that he thinks it is a good time to buy Bitcoin.
Cryptocurrency Exchanges Ban Their Own Coins In South Korea
While South Korean crypto exchanges are prohibited from using their own issued coins, the law also covers coins issued by family members, spouses or distant relatives of the owners of cryptocurrency exchanges.
Bitcoin Mining Council to Focus on False and Negative News
While the Bitcoin Mining Council stated that they should fight the false news about Bitcoin mining, Michael Saylor stated that the problem is not BTC but the negative headlines in the media.
Rejection from the World Bank to El Salvador
El Salvador had requested support from the World Bank on technical issues for the use of BTC as legal currency alongside the dollar. The World Bank rejected this request, citing a lack of environmental and transparency in Bitcoin.
If the Customer Requests, General Motors Can Receive Payments in BTC
The CEO of US-based General Motors stated that if there is customer demand, nothing will prevent them from accepting Bitcoin for payments.
Cryptocurrency Holders Increase in the UK
The UK's financial services regulator, the Financial Conduct Authority, has released new research that reveals a steady increase in the number of adults who own cryptocurrencies.
GSA to Sell LTC and BTC at Auction
The General Services Auction Administration (GSA), which auctions off assets obtained from illegal transactions in the US, will sell 150.2 Litecoins and 8,952 Bitcoins.
CABEI Will Support El Salvador
The Central American Bank for Economic Integration (CABEI) stated that it will help El Salvador to legally implement Bitcoin, while the CABEI President expressed that they are very optimistic about the issue.
NRCC Will Receive Cryptocurrency Donations
The National Republican Congressional Committee (NRCC), the campaign arm of Republicans in the US, is preparing to receive donations in cryptocurrency.
Miners in China Will Use More Renewable Energy
Some of China's Bitcoin miners are planning to use more renewable energy sources to power large mining rigs.
Turkey Energy Markets Operations Inc. Developed System on Blockchain
Turkey Energy Markets Operations Inc. While developing a Renewable Energy Resource Guarantee System using Blockchain technology to reach renewable energy sources, he stated that everyone from large-scale organizations to individual consumers can use the system.
Steps Can Be Taken on Regulation in July
In the news published in the local source, it was stated that while cryptocurrencies were on the agenda at the AK Party group meeting, a prohibitive perspective was not dominant and that regulations specific to cryptocurrency companies could come before the second half of July.
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