news summary Cryptocurrency in the week 28 November – 4 December 2021

A summary of the top news stories of Bitcoin and cryptocurrency. in the past week which has many incidents And so that you don’t miss any interesting points, we’ve put them together again for you to read.

  • Binance CEO Changpeng Zhao has revealed that he has bought his first home in Dubai. Changpeng “CZ” Zhao, executive director of Binance The largest cryptocurrency exchange in the world Bought his first home in Dubai last month. to show support for the city he called “Professional in crypto”
  • MicroStrategy Announces Buying of 7,000 Bitcoins Worth More Than $414 Million software company MicroStrategy It announced on Monday that it had bought an additional 7,002 Bitcoin for approximately $414.4 million in cash.
  • Jack Dorsey has resigned as CEO of Twitter. Twitter CEO Jack Dorsey has resigned from his position at the social media company. After serving this job for over 6 years.
  • Thailand Looking To Reduce Bitcoin Tax For Tourists as a guideline to revitalize the tourism sector Thailand is trying to attract crypto millionaires with tax cuts. Bitcoin To spice up the tourism industry that has been battered by the coronavirus pandemic.
  • The Government Gazette announced the revocation of the business license of “Bitcoin Company Limited”. Government Gazette published Order of the Ministry of Finance business license revocation Trading center digital assets Cryptocurrency and asset business license Digital in the category of being a digital token trading center of “Bitcoin Company Limited”, a service provider of bitcoin exchange website BX.in.th.
  • The Bank of Thailand is worried! Use crypto as a medium for payment of goods. fear of affecting the national financial system The Bank of Thailand has continuously monitored the use of digital assets in various forms. both for investment and the development of innovative financial services Including the use of digital assets as a medium for payment of goods and services that are expected to increase.
  • Meta Allows More Crypto and Blockchain Advertising on Facebook and Instagram Meta has announced an expansion of specs for digital currency advertising on Facebook, giving companies more flexibility in marketing their digital asset offerings.
  • Indian Government Won’t Ban Crypto, Instead According to local media reports According to local media reports The Indian Government will not move to ban Crypto completely and will instead regulate the sector.
  • South Korea Postpones 20% Tax on Crypto Profits Until 2023 South Korean legislator The digital asset tax plan was postponed until 2023 at a meeting on Thursday.
  • El Salvador’s President Nayib Bukele ‘Buy the dip’ again, buying 150 BTC. El Salvador President Nayib Bukele announced another “Buy the dip”, buying 150 BTC at an average price of $48,670.

The post Cryptocurrency in the week November 28 – December 4, 2021 appeared first on Bitcoin Addict.

source site