June 29, 2020

Here are this week's highlights!

• According to sources, PayPal plans to offer buying and selling of cryptocurrency to its 325 million users.

• New York has a plan to give startups a leg up when it comes to obtaining a BitLicense. 

• Hehmeyer Trading + Investments, an established commodities trader, is rebranding and will now focus solely on being a market maker and algorithmic trader in the crypto space. 

• Grayscale Ethereum Trust (ETHE) experienced one of its most significant price drops since its inception.

• SBI Holdings plans to launch Japan’s first cryptocurrency-focused fund for which the assets held will be initially 50% XRP, 25% Bitcoin and 25% Ether. 

Please follow for more weekly updates.

With Warm Regards,

The Blok Blog Team