Quick weekly news:
- India Will Ban Bitcoin, Says Senior Finance Ministry Official: Report: Read more here.
- BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin's history: Read more here.
- First Bitcoin ETF approved in Canada: Read more here.
Other notable events include:
- Uber will probably accept Bitcoin as payment
- BNY Mellon announced crypto custody
Uber
Uber's CEO Dara Khosrowshahi said that the ride-share company is open to accepting Bitcoin as a currency.
"Just like we accept all kinds of local currency, we are going to look at cryptocurrency and/or Bitcoin in terms of currency to transact," he told CNBC's "Squawk Box," of Uber's thoughts on adding Bitcoin as a payment method.
"And if there's a benefit there, if there's a need there, we'll do it, we are just not going to do it as part of a promotion," he concluded.
BNY Mellon
BNY Mellon, the world’s largest custodian bank with some $41 trillion in assets in its safekeeping, is moving into crypto.
BNY Mellon will roll out a new digital custody unit later this year, to help clients deal in digital assets, including cryptocurrencies.
“The platform we have built would service any of those assets,” Mike Demissie, head of advanced solutions at BNY Mellon, said in an interview. “It will be driven by client interest and demand, and we also stayed tuned to regulatory activity to make sure we are supporting assets that are allowed in a particular market”.
Also, be sure to check out top altcoin gainers and losers of the week:
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