Mexican lawmakers extend their support for Bitcoin after historic decision coming from El Salvador of passing the Bitcoin law.

After cracking down on some of the top crypto mining destinations like Inner Mongolia and Sichuan, the Chinese regulators targeted Xinjiang province earlier today.

The cloud software company is looking to borrow $400 from the sale of corporate bonds that will mature in 2028.

El Salvador is also working on digital wallet company Strike to build the country’s modern financial infrastructure using the Bitcoin technology.

On June 2, Bitcoin and altcoins saw double-digit rallies with Bitcoin briefly stood above $38,000 and dogecoin increased 40% once. The rally failed to spark hope among investors and the bitcoin fear and greed index is at 24, indicating extreme fear.

Elon Musk is once again playing around with BTC sharing a Linking park song meme and hinting that he could be parting ways with the crypto in the future.

While Google opens the advertising doors for crypto exchanges and wallets, it still hold restrictions for ICOs, DeFi trading protocols, crypto endorsements, and other things. Google also mandates a FinCEN certificate for exchanges to advertise on the platform.

Canaan has asked the Chinese regulators to allow crypto mining business to continue their operations by using clean energy. Canaan is facing a strong drop in the new orders for its mining equipment.

The bank stated that its 2018 circle stands null and void as last year’s supreme court guidelines of uplifting the ban.

The judge said that Ripple’s communications in the case have been protected by attorney-client privilege which weren’t waived. Ripple has also accused the SEC of not issuing ‘fair notice’ and delaying the case further.

The SEC Chairman said that the regulator needs to work with Congress to plug the gaps in investor protection and crypto exchange regulations.

The billionaire said that he’s trying to understand the crypto market as a whole as see it as an alternative investment to the rising inflation in the economy.

The Layer 2 Ethereum scaling solutions offers promising uses cases solving some of the crucial problems of slow network speed and high transaction fee.

Billionaire Elon Musk meets executives from top crypto mining companies in North America for having transparent and sustainable mining solutions.

Under a special amendment of the civil code, Russian might reintroduce crypto payments as form of a contractual medium.

The Fed Chairman said that the paper will include all aspects including security, financial stability, and functioning of the CBDC and how it fits within America’s payments systems.

The crypto market has almost recovered all its Wednesday’s market crash losses and is eyeing a move above $2 trillion in short time.

Calling cryptocurrencies as highly speculative assets the Chinese regulators banned all local banks and financial institutions from doing any crypto-related business.

Cardano’s ADA has been among the top-performing altcoins this year registering over 1200% gains since the beginning of 2021.

Tesla chief Elon Musk also said that he has been working with Dogecoin developers to improve the system efficiency and suggested that DOGE is better than BTC in transactions throughput.