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BREAKING: Standard Chartered Joins Crypto Rush
June 2, 2021 – Standard Chartered Plc is setting up a joint venture with BC Technology Group (parent company of OSL) to buy and sell virtual currencies such as Bitcoin. Read the report here. |
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GLOBAL: El Salvador to Adopt Bitcoin as Legal Tender
June 5, 2021 – El Salvador President Nayib Bukele plans to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender. Read the report here. |
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MINING: China Reconsiders Its Central Role in Bitcoin Mining
June 5, 2021 – Instead, mining is likely to slow in China and accelerate elsewhere. Miners in other nations had already cut into China’s production dominance in the past 18 months or so, according to University of Cambridge. Read the report here. |
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OPINION: Crypto Needs Regulation, but It Doesn’t Need New Rules
June 6, 2021 – “We should look past superficial labels and ask how a token, digital wallet, cryptocurrency or crypto exchange is being used…” – Former SEC Chairman, Jay Clayton. Read the report here. |
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RESEARCH: New forms of digital money: BofE
June 7, 2021 – This Discussion Paper sets out the Bank’s emerging thoughts on new forms of digital money, which include both systemic stablecoins and a UK CBDC. Read the report here. |
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ESG: Square to Invest in Solar-Powered Bitcoin Mining
June 7, 2021 – The announcement comes as the environmental impact of mining for the world’s largest cryptocurrency has come under intense scrutiny. Read the report here. |