In El Salvador, the payment of salaries in Bitcoin has been raised, with the country's Labour Minister saying such a situation is not yet ready.
Miners Prepare to Move From China to North America
With mining activities banned in some provinces in China, many Chinese mining companies have been diverted to North America, especially Texas.
Michael Saylor Says BTC Is 50 Times Better Than Gold to Protect Against Inflation
MicroStrategy CEO Michael Saylor said bitcoin performs 50 times better than gold as an anti-inflation tool, while denying claims that buying Bitcoin hurts the company.
SEC Delays VanEck's ETF Request Again
The SEC has not made up its mind about the Bitcoin ETF request made by VanEck, but has again postponed the decision date by 45 days.
Some Strategists Think Central Bank Digital Currencies Will Complement Cryptocurrencies
Some strategists believe that central bank digital currencies will complement them rather than compete with cryptocurrencies, although they are structurally different from their country's fiat currencies.
Clean Energy Rate in BTC Mining Is 50% After Pressures in China
Four separate provinces in China continued to look for solutions to reduce environmental damage in mining, with increased pressures from its ban on BTC mining, while the basic energy content in mining rose above 50%.
Bank of France Vice President Says They Are Working on Cryptocurrency Regulation
The Vice President of the Bank of France said they are working for a regulation for cryptocurrencies that will support both innovation and the stability of the financial system.
Tunisia Will No Longer Define Bitcoin Purchases as Crimes
Tunisian Economy Minister Ali Kooli said buying BTC in Tunisia would no longer be a crime.
Cryptocurrencies Will Not Be Available for Payments in Indonesia
Central Bank of Indonesia; while banning the use of cryptocurrencies for payments, he warned all financial service providers not to accept cryptocurrencies as a means of payment.
Genesis Digital Assets Buys 10,000 More Mining Machines
On June 16, Canaan and Genesis Digital Assets renewed their contracts for an additional 10,000 mining machines to be shipped by the end of June 2021.
Adoption of Digital Euro Could Reduce Eurozone Deposits, According to Morgan Stanley
Morgan Stanley analysts said that if the digital euro was widely adopted, it could lead to an 8% drop in deposits from eurozone banks.
BIS Establishes Regional Innovation Center with Four Scandinavian Countries
Bank for International Payments (BIS); The central bank is setting up a regional innovation centre with four Nordic central banks focusing on digital currencies, cybersecurity and "green" finance.
Whales Continue to Buy in Bitcoin
Despite the price fluctuations, whales continued to accumulate by buying 90,000 BTC in the last 25 days.
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