News- 07/11/2021

CAUSEVEST INTERNSHIP- NAWAF IBRAHIM- WEEK 8/MON

TODAY’S PRICES (AT 10:55 GMT)

1 XCV = £0.10
1 BTC = £48,861.32
1 ETH = £3,507.94

TODAY’S NEWS

Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: The machine requires a passport, but not a bank account

NFTs Take Over NYC: Five takeaways from a momentous week for non-fungible tokens.

Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide: The cryptocurrency may face some selling pressure around $70,000, one trader said.

The Metaverse: Will it be a decentralized haven or a centralized tyranny?
https://cointelegraph.com/news/the-metaverse-will-it-be-a-decentralized-haven-or-a-centralized-tyranny

House passes $1T infrastructure bill with crypto tax for Biden’s approval
https://cointelegraph.com/news/house-passes-1t-infrastructure-bill-with-crypto-tax-for-biden-s-approval

Brazilian Lawmaker Proposes Integration Of Crypto Payment Option For Workers

Fintech startup Revolut amps up crypto hiring amid renewed interest in the sector: The exchange joins several TradFi firms making the switch to crypto.
https://cryptoslate.com/fintech-startup-revolut-amps-up-crypto-hiring-amid-renewed-interest-in-the-sector/

NFTs will not be regulated in crypto-friendly Korea, the ministry confirms: South Korea will be following FATF’s advice on NFT regulation-related matters.
https://cryptoslate.com/nfts-will-not-be-regulated-in-crypto-friendly-korea-the-ministry-confirms/

More than 50 charities launch £3m climate emergency fund

Christian charity cleared by Charity Commission found to be discriminatory by another regulator