Daily Cryptocurrency Developments and News (June 15, 2021)

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The most up-to-date developments in the world of cryptocurrencies today, in a short, concise and understandable way…

Daily Cryptocurrency Developments and News

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MicroStrategy Receives $488 Million BTC

MicroStrategy has announced that it will buy Bitcoin with the $488 million it earned while completing its $500 million bond issuance.

BTC Statement from Tudor Jones

Paul Tudor Jones, a hedge fund manager with a $7 billion portfolio, stated that he likes Bitcoin in order to diversify the portfolio, and that he wants to allocate 5% of his portfolio to Bitcoin.

JSE Rejects Sygnia’s Bitcoin ETF Request

South Africa’s Johannesburg Stock Exchange (JSE) has rejected asset management firm Sygnia’s request to list a BTC ETF, citing a lack of regulatory framework in cryptocurrencies.

Cryptocurrency Exchanges to Be Considered High-Risk Clients in South Korea

In South Korea, the Financial Services Commission (FSC) has required banks to identify cryptocurrency exchanges as high-risk customers.

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Italy Will Take Its Own Precaution If Europe Is Late in Cryptocurrency Regulations

Italy’s stock market regulator said in a statement that the uncontrolled spread of cryptocurrencies is worrisome and will take its own measures if it takes a long time to find a solution across Europe.

Thailand SEC Bans MemeCoins and NFT Sale

The Thai Securities and Exchange Commission (SEC) prohibits the trading of memecoins, fan tokens, and NFTs as they have no clear substance and fundamentally no value.

MicroStrategy May Sell $1 Billion Shares

MicroStrategy signaled that it could sell $1 billion worth of stock in a document it submitted to the SEC after completing its bond issue yesterday.

Goldman Sachs Expands Cryptocurrency Services

Goldman Sachs is preparing to offer Ethereum futures due to the increasing interest in cryptocurrencies by its customers.

New Peak in Total Amount Locked to Ethereum Smart Contracts

It has reached a new milestone where more than 25% of the entire ETH supply is locked behind smart contracts, increasing it to 25% from 15% last year.

Tanzanian President Urges Central Banks to Work on Crypto Adoption

Tanzanian President Samia Suluhu Hassan stated that he does not want his country to lag behind in the ever-increasing cryptocurrency adoption and development process.


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