Is Eu The New China?!?

With the bear market in full swing, all eyes are on the regulation being passed worldwide. The next cycle could fundamentally be driven by proposed and passed framework, so is this new regulation recently proposed by the US and the EU a help or a hinderance to crypto users worldwide?

Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months

MicroStrategy (MSTR) on Wednesday morning said it purchased 480 bitcoins for about $10 million – an average price of $20,817 per coin – during the period from May 3 to June 28. The new additions bring company holdings to 129,699 bitcoins.

US regulators move forward with crypto laws

Last week, the Financial Times reported that U.S. SEC Chairman Gary Gensler has been communicating with his counterparts at the Commodities Futures Trading Commission (CFTC), in order to promote security and transparency for investors who trade crypto assets. Gensler’s recent moves suggest he sees the handwriting on the wall and is preparing for the day when the SEC and CFTC will be working together more closely.

EU agrees rules to regulate ‘crypto Wild West’ with new regulation

The EU Parliament, EU Council and EU Commission have reached provisional agreement to regulate what one of its lawmakers, Ernest Urtasun, termed the ‘crypto Wild West’. An anti-money laundering body is closer to formation following the agreement and EU officials had also reached a provisional political agreement on the Transfer of Funds Regulation, which will oblige crypto-assets service providers (CASPs) in the EU to collect data on transactions with unhosted wallets.

WWOC: Bored Ape Resteraunt No Longer Taking Crypto Payments

The Bored and Hungry restaurant in Los Angeles has gone back to accepting good old fashioned US dollars as its sole currency after initially priding itself on being the first eatery to accept digital currencies.

What we cover in this episode

• MicroStrategy Purchased 480 Bitcoins over the Past Two Months
• SEC and CFTC work closer together on tackling Crypto Regulation
• EU agrees rules to regulate ‘crypto Wild West’ with new regulation
• WWOC: Bored Ape Restaurant No Longer Taking Crypto

TODAYS SPONSOR: YIELD APP

Yield App is an innovative digital asset wealth platform that allows you to earn passive income on the world’s leading digital assets. What we really like about Yield App is that it’s a licensed fintech company built by a team with a strong background in traditional finance.

Yield App offers instant asset conversions, fiat on-ramp, auto compounding, and security features such as activity log, transaction history, and more. Simply deposit your digital assets and click earn to start receiving daily rewards!

And if you’re a corporate client Yield App offers a secure treasury for your digital assets. Its dedicated relationship management team is on hand 24/7 to facilitate a stress-free experience.

Download the Yield App on IOS or Android to enjoy your favorite features such as earning, staking, locking and asset conversions, now on mobile! iOS: https://apps.apple.com/us/app/yield-app/id1591189242

Android: https://play.google.com/store/apps/details?id=com.yieldapp_mobile

Ways to connect with Cryptopulse 

Twitter: https://twitter.com/crypto_pulse    

Instagram: https://www.instagram.com/crypto_pulse     

LinkedIn: https://www.linkedin.com/company/cryptopulse      

Website: http://www.cryptopulse.co.uk   

Ways to connect with Kevin and Ben

Kevin Twitter: https://twitter.com/KevinBasham    

Ben Twitter: https://twitter.com/bdrsquared     

Thanks for listening and don’t forget to subscribe so you can be notified when we release a new episode.

About Cryptopulse

Downloaded & listened to in over 100 countries. Cryptopulse is here to guide you through the crypto universe with thought-provoking topics, in-depth knowledge & information to help you make informed decisions.