This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Michael Saylor Made $20 Million Selling Before Bitcoin ETF Launch
Michael Saylor, co-founder of MicroStrategy Inc., recently made headlines for an unexpected reason: he sold a large amount of business shares just before the US Securities and Exchange Commission approved Bitcoin ETFs…[continue reading]
2) Customer Calls JPMorgan Chase In An Uproar As $10,700 Drains Account
A client reportedly had thousands of dollars stolen from her account in a sophisticated financial fraud, and banking behemoth JPMorgan Chase is supposedly refusing to repay her. Last month, Colorado homeowner Betsy Rich received a text message requesting her consent to withdraw $1,700 from her JPMorgan Chase account. ABC-affiliated news station KMGH reported this incident…[continue reading]
3) Crypto Financial Regulations Will Be Stricter Under Singapore’s New Bill
Parliament has the opportunity to grant the Monetary Authority of Singapore (MAS) new powers via the passage of the Financial Institutions (Miscellaneous Amendments) Bill 2024. Companies dealing in cryptocurrencies, especially those with Capital Markets Services Licenses (CMSLs), are likely to feel the effects of this new law…[continue reading]
4) Turkey Prepares For A Revision Of Crypto Laws
Aligning Turkey’s practices with international standards, these rules aim to limit the dangers involved with crypto trading for common investors. Mehmet imşek, Turkey’s Minister of Treasury and Finance, has revealed crucial information regarding the upcoming cryptocurrency regulations that will govern the Turkish market…[continue reading]
5) MicroStrategy’s Bitcoin Treasury Exceeds $500 Million In Unrealized Gains This Year
In the last year alone, the value of Bitcoin ($BTC) held by Nasdaq-listed business analytics firm MicroStrategy has skyrocketed, leaving the company with over $500 million in unrealized profits on the cryptocurrency lying in its treasury…[continue reading]
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