Weekly Recap #19 | All you need to know about Bitcoin & Crypto

Weekly Recap #19 | All you need to know about Bitcoin & Crypto

5 March – 11 March 2022

Here is another super interesting Crypto week! Find below a top list of the most relevant news you need to know. Enjoy the reading!

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1.????Biden just put out an executive order on cryptocurrencies.

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U.S. President Joe Biden signed an executive order calling on the government to examine the risks and benefits of cryptocurrencies. The measures focus on six key areas: consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion and responsible innovation.

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2.????US Virginia Senate allows state banks to offer crypto custody services Cryptocurrency.

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The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services.

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3.????Charles Schwab is exploring white-label solutions for crypto brokerage.

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Charles Schwab?may soon venture into?Bitcoin, the company could launch a?brokerage platform, probably an exchange, using the technology of a partner already experienced in the cryptocurrency sector.?

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4.????Spanish Telecom company Telefónica weighs up crypto pay options.

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The Spanish telecoms giant?Telefónica?is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage.

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5.????Argentina, salaries in Bitcoin: the proposed law.

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A bill introducing salary?payments in Bitcoin and cryptocurrencies?has been presented in?Argentina. This was done by the deputy?José Luis Ramón.

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Source: CNBC, Coin Telegraph, The Block Crypto, Crypto News

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