The 5 most important news of the last week

Update to the Transfer of Funds (TRF) Regulation

In the trilogue between the three legislative bodies of the EU (EU Parliament, EU Council and Commission), according to one tweets of the interest group Blockchain for Europe the EU Council spoke out against the information obligation for unhosted wallets.

However, the tightening of reporting requirements for transactions on or from exchanges is likely to hit the crypto sector hard. Previously, there was talk of a 1,000 euro threshold, from which the reporting obligation should take effect. According to the current status, however, every single transaction should now have to be reported.

Binance participates in Twitter acquisition with USD 500 million

From a document from the US Securities and Exchange Commission SEC emerges as the world’s largest crypto exchange binance in the Twitter-Purchase Elon Musk’s with. Although the 50-year-old Tesla boss does not raise the capital all by himself, he controls the bulk of the total of 44 billion US dollars for the acquisition.

like that binance CEO Changpeng “CZ” Zhao also make a “small contribution” to the cause, he writes on Twitter. The crypto exchange seems to be ahead of rosy times. In the same week we received the news that binance can now look forward to official approval in France.

Craig Wright is suing Coinbase and Kraken

“Faketoshi” Nakamoto can’t seem to get enough of courtrooms. So the supposed creator pulls Bitcoins in front of the judge’s gavel again.

Accordingly, the Australian is currently trying to claim intellectual property from the crypto exchanges Coinbase and Kraken to sue. His assertion: Today’s BTC should no longer have much to do with the “original” BTC and should therefore not be referred to as such.

Algorand becomes official blockchain of FIFA

The blockchain Algorand is to become the technological partner of FIFA, as well as support the football world cup in Qatar and the women’s cup in 2023.

Algorand will develop a crypto virtual wallet and digital asset platform for FIFA. This also includes NFTs, for example.

Warren Buffett wouldn’t buy all of the world’s BTC for $25

The investment legend is still opposed to BTC. Buffett explained at an investor conference in Berkshire that he wouldn’t want all the BTC in the world for $25 because he didn’t know what to do with it.

While the BTC community responded with humor, this isn’t the first time the multi-billionaire has taken a stab at BTC.