Citibank gave a forecast of Bitcoin growth to $ 318 thousand by the end of 2021
The head of the international bank CitiBank Tom Fitzpatrick called bitcoin “digital gold of the 21st century”, giving an optimistic forecast for the growth of the asset rate to $ 318,315 by the end of next year.
Crypto-regulatory legislation to appear in Kyrgyzstan
The authorities of the Republic of Kyrgyzstan announced the start of work on the creation of a regulatory framework that will regulate the cryptocurrency industry in the country.
Robert Bench: Privacy Critical in CBDC Development
State authorities involved in the development of national cryptocurrencies (CBDCs) should pay particular attention to confidentiality and identification. This was stated by the head of applied research at the Federal Reserve Bank of Boston, Robert Bench, speaking at a meeting of the Chamber of Digital Commerce.
US PayPal customers gain access to cryptocurrency
Residents of the United States of America who are customers of the PayPal payment system can now make transactions with cryptocurrencies. In particular, they have access to services for the purchase and sale of digital assets using the platform of understanding new exchange tools.
Bank of England: we will not protect financial institutions from digital currencies
The Bank of England does not intend to protect financial institutions from working with cryptocurrencies, said Deputy Governor John Cunliffe.
BIS: people keep keeping money under mattresses
Digital money will not replace banknotes, at least in the near future, said the head of the innovation center of the Bank for International Settlements (BIS) Benoit Kere, stressing that citizens still prefer to “keep money under mattresses” rather than keeping it in e-wallets.
Ripple will patent the PayString trademark
Californian fintech company Ripple will patent a new trademark – PayString. The corresponding application is published on the website of the US National Patent and Trademark Office.
Nouriel Roubini: Bitcoin is only a “partial” store of value
Digital assets can only be used for partial preservation of value, but will not replace fiat funds, Nouriel Roubini, professor of economics at New York University and renowned Bitcoin critic, told Yahoo.Finance.
The Canadian tax authorities are interested in the data of the crypto platform Coinsquare
The Canadian tax authorities sent a request to the courts, where they asked to oblige the Coinsquare crypto platform to transfer information about customers, starting in 2013. According to The National Post, this is necessary to check citizens for compliance with national tax laws.
JPMorgan Chase & Co .: Investors Choose Bitcoin Over Gold ETF
Institutional investors are willing to include bitcoin in their portfolios, considering it as a “safe haven asset” in the current economic crisis. The first cryptocurrency is considered by major market players as an alternative instrument to gold, writes the head of Grayscale Investments Michael Sonnenshine, referring to the report of the financial holding JPMorgan Chase & Co.

