Blockchain Week in Review - February 2021 #2 | Perkins Coie
in

Blockchain Week in Review – February 2021 #2 | Perkins Coie

Weekly Focus:

  • Tesla buys $1.5 billion in Bitcoin
  • BNY Mellon launches crypto custody unit
  • OCC welcomes new crypto company
  • Iowa introduces smart contracts bill
  • Rhode Island introduces blockchain act
  • BitMEX publishes data storage framework for FATF ‘Travel Rule’
  • Bank of Korea says CBDCs are fiat currency
  • Central Bank of Nigeria issues prohibition on crypto trading

U.S. Developments

Tesla buys $1.5 billion in Bitcoin

In a 10-K filing with the Securities and Exchange Commission (SEC) on Monday, Tesla announced that it had bought $1.5 billion worth of bitcoin.  Tesla said the purchase of the bitcoin was approved by the Audit Committee of the Board of Directors, which approved Tesla investments in alternative reserve assets…

Read further.

with Descriptive Analysis – NeighborWebSJ

Promotion Of Tourism Top Priority Of Govt: CM GB