Allowing its users to buy cryptocurrency since October 2020, PayPal has long been criticized for not allowing transfers to third party wallets. Upon criticisms, Jose Fernandez Ponte has made a statement that they have started to work on this subject.
FOMO Drives Investors to Bitcoin
Goldman Sachs has stated that the institutional investors are driven to Bitcoin by fear of missing out (FOMO). The institutions still face barriers while entering the markets, and a lot of investment funds and asset managers have no authority to make investments in cryptocurrencies.
Research Commission Proposal from Deputy Nihat Yeşil
Drawing attention to the grievances caused by the lack of regulation in cryptocurrency exchanges, Deputy Nihat Yeşil offered to establish a research commission to the Presidency of the Turkish Grand National Assembly in order to prevent these grievances.
Mining Ban from Iran
Iranian President Hassan Rouhani announced that he prohibits Bitcoin mining until September 22, citing the problems caused by the increase in electricity consumption.
Everybody in the Meeting Are Passionate Believers in Decentralization, Says Michael Saylor
In Consensus 2021 MicroStrategy CEO Michael Saylor has stated that everybody who participated in the recent meeting, including Elon Musk, are passionate believers in decentralization, and added that the environmental concerns should not be evaluated by the parties who are not in favor of the sector.
UK Bans ‘Time to buy’ Bitcoin Adverts
The institution controlling the adverts standards has banned a local cryptocurrency exchange adverts citing it was irresponsible and misleading.
FED Vice Chair Highlights the Priority of Regulations on Cryptocurrencies
FED Vice President Quarles has confirmed that the institutions affiliated to the USA government are working together on cryptocurrencies and highlighted that this subject is of high priority.
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