The South Korea Financial Services Commission (FSC), the country's largest financial regulator, has issued an announcement that it will bring internal control to cryptocurrency exchanges and that data on all suspicious transactions should be retained.
Incentive Package Approved by the Parliament
The US House of Representatives approved the $ 1.9 trillion stimulus package. As a final stage, the signature of President Joe Biden is expected to arrive in the next few days.
FOMO Too High In Bitcoin
According to a survey conducted in the UK, 30% of people think they are late to invest in Bitcoin. Research by a London-based crypto fund reveals that 85% of 100 asset managers are currently invested in BTC.
According to Chain Data, BTC Will Not Drop Below $ 48K
According to a current analysis shared by chain analytics company CryptoQuant, Bitcoin will not fall below $ 29,000 until the end of 2021. And the probability of testing $ 48,000 in the near future is very low, according to the analysis.
Grayscale Has Stopped Purchases
Crypto asset management firm Grayscale has stopped new investment inflows in GBTC (Grayscale Bitcoin Trust), the world's largest publicly traded BTC investment tool. With an announcement on the official website, it was stated that GBTC is currently closed.
Fantom to Present to United Nations CBDC Team
On March 11, the Phantom Foundation will make a presentation to the participating team of the United Nations. The presentation includes Fantom's blockchain for use in CBDCs; It will showcase to members of the United Nations, including global central banks, top universities, large corporations, and research institutions.
LG Goes Into The Cryptocurrency Business
South Korean bank Shinhan Bank announced that it has started working with LG for the digital version and production of the South Korean currency. Thus, LG and Shinhan Bank will become partners for the new central bank pilot programs.
Bitcoin ATM Numbers Are Increasing Rapidly
The number of new Bitcoin ATMs installed worldwide since March 2020 has approached 10,000. According to the latest data from Coin ATM Radar, the number of available machines showed a strong 57.5% increase compared to 7,152 last year.
Jed McCaleb Continues to Sell XRP
It has been seen that 108 million XRP has been transferred to exchanges from Ripple's former partner Jed McCaleb's wallet in the past week. After the transfer, the balance of McCaleb's wallet fell to approximately 537 million units of XRP.
SEC Submits Its Defense on Ripple Case
Ripple presented its defense against the SEC to the judge on March 4. The SEC responded to Ripple's statements on March 9 and forwarded it to the court. The SEC's report insisted that Ripple's claims were invalid and that XRP was a security.
US Representatives Submits Cryptocurrency Bill
A group of representatives in the US presented a new bill stating that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) must work together to assess cryptocurrency regulations and address uncertainties.
Nusret puts his tweet on sale as NFT
Nusret Gökçe, who became a world-renowned name as "Saltbae", made his tweet, which he shared in 2017 and became a trend, and presented it to auction by turning it into NFT.
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