XRP volumes nearly doubled in Q2 2021, Ripple report shows

According to a Ripple market report, the average daily trading volume (ADV) of XRP has soared, almost doubling to $4.49 billion in the second quarter of the year, compared to the $2.26 billion recorded in the first three months of 2021, while the token witnessed four of the highest volume days ever recorded.
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El Salvador to officially adopt Bitcoin as legal tender on September 7

Payment processors that facilitate the immediate transfer of crypto into fiat currency and enable acceptance of Bitcoin (BTC) payments for e-commerce, point-of-sale, invoicing and remittance, have a finger on the pulse of the everyday economics of cryptocurrency adoption.
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End of an era? Binance’s CZ to possibly step down amidst regulatory tensions

As one of the top cryptocurrency exchanges continues adapting to the regulatory landscape by tailoring its services and enforcing tougher know-your-customer policies (KYC), Binance’s founder and CEO Changpeng Zhao told Reuters he is prepared to step down and pass control to a leader with a robust set of skills, better fitting the current climate.
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After El Salvador warning, IMF says accepting Bitcoin as national currency is “a step too far”

The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability.
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Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter of 2021—which was “partially offset” by a “Bitcoin-related impairment of $23M.” “Operating income increased [year-over-year] mainly due to volume growth and cost reduction.
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