Weekly Report (12 – 18 Aug. 24) | What Happened This Week In Crypto
This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Turkey Witnesses 29 New Crypto License Candidates Under New Regime
Turkey has recently experienced a surge in the number of crypto companies that are attempting to obtain a license under the recently enacted Law on Amendments to the Capital Markets Law, which pertains to digital assets…[continue reading]
2) US marshals allegedly selling Bitcoin on Silk Road claims attorney
According to Johnsson, the USMS and Coinbase executed a service agreement in June that serves as the foundation for his claims. As per Johnsson, this agreement suggests that the USMS has either sold or is about to sell these assets once Bitcoin reaches Coinbase Prime…[continue reading]
3) Malaysia Accepts Iris Scan Technology from Worldcoin
Malaysia has made a substantial stride in the security of its digital identity verification by officially adopting Worldcoin’s retinal scan technology as part of its digital transformation strategy. The Worldcoin Foundation, Tools for Humanity (TFH), MyEG, and MIMOS Berhad collaborated to establish this adoption…[continue reading]
4) South Korea’s pension fund acquires nearly $34 million in MicroStrategy shares
The National Pension Service (NPS), a South Korean pension fund, acquired shares of MicroStrategy (MSTR) in the second quarter of this year for roughly $34 million, according to a filing that was made public earlier this week…[continue reading]
5) Vanguard will not introduce crypto ETFs to avoid “copying” BlackRock
Vanguard, one of the most significant participants in the ETF market, has no intention of introducing a cryptocurrency ETF. Vanguard’s CEO, Salim Ramji, has explicitly stated that the company has no intention of participating in the cryptocurrency market, particularly not in order to emulate BlackRock…[continue reading]