66% of BTCs Produced in the Last Six Months are in Companies and More News, March 17, 2021

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66% of BTCs Produced in the Last Six Months are in Companies: When the Bitcoin side purchases of institutional interest are examined, it shows that three companies from the USA and one company from China have purchased all Bitcoins produced in the last six months. These four companies were MicroStrategy, Tesla, Square and Meitu.

New Letter from Ripple to the Court: Another letter sent to the court during the lawsuit between Ripple and SEC was written by Ripple. In the document submitted to the court, it appears that Ripple has changed its defense strategy again by highlighting Ethereum and Bitcoin.

Visa Can Be Integrated With Bitcoin Wallets: According to the information shared by Bloqport, the CEO of payment giant Visa announced that they are working on the payment systems to be integrated with Bitcoin and make BTC payments. When the integration occurs, Bitcoin will be accepted as a payment method in more than 70 million places.

Incentive Payments Will Be Completed Next Week: According to the latest statements made by the US elected president Joe Biden, the distribution of 100 million dollars will begin and be completed in the next ten days.

10% of US Citizens Can Invest In Cryptocurrencies: Japanese investment banking and securities firm Mizuho Securities surveyed recipients of $ 1,400 incentive checks. According to the survey results, US citizens will invest 10% of the aid they will receive in Bitcoin and other cryptocurrencies. This is about 24 billion dollars.

South Korea Will Request Reporting Of All Transactions: South Korea's cryptocurrency regulatory area is introducing reporting law for crypto businesses in the country. Exchanges, asset managers, wallet providers and custody platforms will file all their transactions, according to the regulation expected to take effect on March 25.

Japan Starts CBDC Tests: The President of the Bank of Japan argued that states should be prepared at all times to issue their own digital currencies. Although the bank states that it is not yet considering to issue digital money, CBDC tests are expected in April.

 

 

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