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📰Your Weekly Crypto News Roundup
The important crypto news from this past week that you should know about!
Happy Friday Everyone!
Here are the major crypto news items from this past week.
Binance confirms its $500 million investment in Elon Musk's Twitter takeover. (source) Elon’s ownership of Twitter could lead to further crypto integration.
Twitter is working on a “wallet prototype” that supports “crypto deposit and withdrawal” (source)
Twitter to allow NFTs to be directly displayed on tweets making it easier to buy and sell NFTs (source)
Visa could launch its own crypto wallet according to 2 trademark applications (source)
Recent trademark filings could imply that Western Union wants to launch its own virtual currency exchange and cryptocurrency token (source)
Ripple releases its quarterly XRP report which shows it now owns less that 50% of the XRP supply (source) Ripple’s CEO Brad Garlinghouse shared his thoughts on this.
Another two amicus briefs in support of Ripple granted by Judge Torres.(source)
FTX CEO Sam Bankman-Fried said the exchange is working on a stablecoin (source)
Cash App adds support to send and receive Bitcoin via the Lightning Network.(source)
El Salvador opens a Bitcoin embassy in the City of Lugano, Switzerland (source)
Pan-African crypto exchange Yellow Card wins virtual asset license (source)
The Tel Aviv Stock Exchange's five-year plan includes setting up a digital asset trading platform (source)
Hong Kong plans to legalize retail trading of cryptocurrency as a means of becoming a crypto hub. (source)
Kazakhstan's central bank to integrate its CBDC on BNB Chain. (source)
That’s your roundup!