In the presentation made at the Bitcoin Mining Council meeting held on July 1, the renewable energy used by miners increased from 36.8% to 56%.
Crypto Permission to Private Funds from Germany
With the new law enacted in Germany, private funds will be able to allocate 20% of their portfolios to crypto assets.
Stable Coin Report from Fitch
In the article published by Fitch, he stated that the rapid growth of stablecoin issuance may have effects on short-term credit markets and that a crisis in stablecoins could spread to all markets.
Additional Tax on Cryptocurrency Miners in Kazakhstan
The law will be effective from January 2022, when the President of Kazakhstan signed a new law imposing an additional tax fee for energy used by crypto miners operating in the country.
Comment from Randal Quarles on Fed CBDC
Federal Reserve Supervisory Vice President Randal Quarles stated that the potential benefits of a Fed CBDC are unclear, and conversely, a CBDC may pose significant and tangible risks.
Green Light from Soros Fund Management to Bitcoin
It was stated by the US-based Soros Fund Management that it allowed its investors to actively trade Bitcoin.
Regulations are Close in South Africa
While the regulators in South Africa stated that regulations for cryptocurrencies will be the fastest, they emphasized the importance of defining crypto assets as financial products and improving the regulatory framework.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju 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.