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NFTs continue to be in the hype, MicroStrategy is buying even more BTC

 



Bitcoin in El Salvador: planning is in full swing

Bitcoin will become legal tender in El Salvador from September 7, 2021  . The Central American country is the first country to take this step. While this news enthused crypto fans at the time, President Nayib Bukele's plan caused criticism from the opposition. The World Bank and the International Monetary Fund (IMF) are also critical of the project. Now things are going well in the Central American country.


Visa buys CryptoPunks: sales skyrocket


NFTs are still in trend. Visa is now also entering the business. Companies such as Coca-Cola and Shopify had already entered the field of digital works of art. Visa also begins with the purchase of a CryptoPunk token.


Regulation: Japan wants stricter crypto rules


The Japanese financial regulator is now considering introducing significantly stricter crypto rules. The new regulation is intended to offer investors from Japan better protection. As early as July, the FSA set up its own section as well as a committee of financial experts to support the government. Financial regulators intend to enforce the regulation by mid-2022. The latest case of the attack on the regulated Japanese crypto exchange Liquid Exchange shows the supervisory authority that further regulations are necessary for security.


MicroStrategy continues to invest and now holds nearly 109,000 Bitcoin


Michael Saylor is one of the biggest advocates of bitcoin. Now MicroStrategy has bought more Bitcoin (BTC) again. The company added 3,907 BTC to its holdings.


Cardano is listed in the Japanese Exchange


Right now, Cardano is without a doubt the coin of the hour. Most recently, the price of the crypto currency rose sharply due to the announcement of the Alonzo update date. Now the Japanese cryptocurrency Bitpoint is the first exchange in the country to list the cryptocurrency. This means that 126 million people in Japan can now invest in the cryptocurrency.


Crypto News: Iran lifts cryptocurrency mining ban


The mining of cryptocurrencies in Iran was banned for four months. This will now be lifted from September 22nd and the ban will be repealed. The Iranian government had issued the ban in order to reduce electricity consumption. Now electricity generation and distribution should work better and the ban has been lifted.


Will Binance be approved in the UK after all?


It is official. Binance Markets Limited (BML) has finally met all of the FCA's requirements. However, there are signs that Binance may not be allowed to operate to the full just yet.


Twelve year old sells whale NFTs and makes a fortune


This example shows that there are still some students who start something during their holidays. The 12 year old boy from London created a series of Weird Whales and sold them as NFTs. He made a turnover of 290,000 pounds in the few weeks of school holidays, which corresponds to about 338,000 euros.


SOL News: Solana sets new all-time high


Solana hits a new all-time high. So SOL is currently unstoppable and is constantly reaching new highs. Another milestone was reached with a price of 84 US dollars, which has now fallen slightly again. Should upward pressure continue, SOL could rise to as high as $ 108.


Cuba wants to regulate crypto for commercial transactions


On Thursday, the Cuban central bank announced that it would recognize and regulate virtual assets. The resolution will come into force on September 15th. However, the central bank insists that cryptocurrencies be used for socio-economic purposes rather than illegal business.


PayPal brings Bitcoin to the UK


Starting this week, PayPal users in the UK will be able to access crypto trading services within the platform. It is the first expansion of the payment giant's crypto services since it was launched in the United States in October 2020. PayPal and  Square - also a payment service provider - are intensifying their efforts in the crypto area.

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