E53 S2 - Is EU the New China?!?

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.

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Cryptopulse is a world-renowned podcast with over 500,000 listeners across the globe. Covering all the latest news, topics and innovations in the Crypto, DeFi, NFT and blockchain space. We interview the best minds in the industry from CEOs, authors, thought leaders and development teams in the DeFi space. Every Saturday, we release our weekly roundup show, discussing all things crypto, including current DeFi news and macro-economic outlooks, to help keep you informed.