Crypto usage in Turkey jumped by elevenfold in a year, new survey shows
A new survey conducted in Turkey reveals how the perception of cryptocurrencies evolved over the last year. Go to Source Powered by WPeMatico
DIGIT
Sen. Warren queries SEC chair on lack of crypto investor protection
The former presidential candidate has written to the SEC chairman for answers about plans for crypto consumer protection protocols in the United States. Go to Source Powered by WPeMatico
BREAKING: Stablecoin firm Circle to go public in $4.5B blank-check deal
Backed by American investment bank Goldman Sachs, Circle is a major stablecoin partner of payment giant Visa. Go to Source Powered by WPeMatico
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza province, José Luis Ramón, tweeted that he has introduced a bill allowing workers to … Read more
Korean investigation finds $1.48B in illegal overseas crypto transactions
More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. Go to Source Powered by WPeMatico
Bitcoin price will likely shrug off $530M GBTC unlock in July — analysis
New research questions the gravity of the upcoming unlocking events at the Grayscale Bitcoin Trust, pointing to bigger potential price threats later in 2021. Go to Source Powered by WPeMatico
Survey: 21% of UK crypto investors say they know almost nothing about it
A new survey reveals that nearly two in five crypto investors in the U.K. admit their understanding of the sector was “poor or non-existent” when they first purchased cryptocurrency. Go to Source Powered by WPeMatico
France and Singapore pilot cross-border CBDC transactions
The central banks of France and Singapore are working on a digital currency interoperability system supporting multiple global CBDCs. Go to Source Powered by WPeMatico
Young Koreans’ debt soars as they turn to crypto, stocks and real estate
Millennials and Gen Z in South Korea have been struggling to survive an economy characterized by high asset inflation and suppressed wages. Go to Source Powered by WPeMatico
South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July 6 letter, which has also been sent to the CEO and … Read more
