SEC Chairman Garry Gensler has stated that there are legal gaps regarding the cryptocurrencies in the current regulatory system and he wants to work with Congress to regulate the cryptocurrency exchanges.
US Treasury Secretary Comments on Interest Rates
US Treasury Secretary Yellen has stated that the interest rates are at a very low level and most economists believe this situation will continue. Expectations for a rate hike in the USA point to 2023. However, inflation is expected to increase in the USA due to the pandemic support, and we will see more clearly in the coming days whether this increase in inflation will create a pressure for interest rate hikes.
A Law Draft from Spanish Financial Commission
According to the new law draft approved by the Spanish Finance Commission, Spain-based third party investigation services will start to record customer assets and all transactions regarding these assets above €50,000 and all revenues obtained from these assets.
Ripple Plans to Go Public
In Consensus 2021, Brad Garlinghouse has stated that Ripple plans to go public after the Ripple and SEC case.
South Korea Central Bank Governor Wants to Monitor Crypto Transactions
Bank of Korea Governor Lee Ju-yeol has stated that the leveraged transactions in cryptocurrencies negatively affect the country's financial system and the risk of harming households is high. They are looking for a way to monitor cryptocurrency transactions made through bank accounts, he added.
Cryptocurrency Mining Research Symposium in China
A cryptocurrency mining research symposium will be held by the government in Sichuan, China's largest hydroelectric mining area. At the meeting, it is planned to analyze the impact of stopping mining on wastewater consumption.
Carl Icahn Wants to Enter Crypto World
Having called Bitcoin and other crypto assets as “ridiculous” in 2018 Carl Icahn has stated that he wants to be involved in the crypto world “in a big way”, and pointed out that he could make an investment of $1-1.5 billion.
Cryptocurrency Adoption Increases Rapidly
According to the survey released by digital wallet provider Skrill, cryptocurrency adoption among the investors increases rapidly and 38% of respondents have stated that they have invested in or purchased cryptocurrencies.
WisdomTree Filed an Ethereum ETF Application
According to the SEC documents, exchange traded fund company WisdomTree has filed an Ethereum exchange-traded fund (ETF) application with SEC.
Central Bank of Nigeria Revokes Cryptocurrency Ban
Governor of the Central Bank of Nigeria Godwin Emefiele has stated that they will allow Bitcoin and other cryptocurrency trading.
Texas Will Be a Bitcoin Friendly State
In Texas, the senate passed a law that helps define Bitcoin's legal status better for users in the state. After the approval of Texas Governor Greg Abbott, Texas will become a Bitcoin friendly state.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.