{"id":1171,"date":"2020-06-08T13:55:26","date_gmt":"2020-06-08T20:55:26","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1171"},"modified":"2020-06-08T13:55:26","modified_gmt":"2020-06-08T20:55:26","slug":"june-2020-weekly-recap-2","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/06\/08\/june-2020-weekly-recap-2\/","title":{"rendered":"June 2020 Weekly Recap #2"},"content":{"rendered":"<h1 style=\"text-align: center;\">June Weekly Recap 2<\/h1>\n<pre style=\"text-align: center;\">June 1st - June 8th, 2020<\/pre>\n<p>Welcome to our 2nd weekly recap for June.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-1172\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap-1024x630.png\" alt=\"\" width=\"1024\" height=\"630\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/jun-2-recap-2048x1260.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>Crypto News<\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/2-swiss-banks-launch-cryptocurrency-trading-custody-regulatory-approval\/\">Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p style=\"font-weight: 400;\">The Swiss Financial Market Supervisory Authority (FINMA) recently approved two banks \u2014 Maerki Baumann and Incore Bank \u2014 to offer several cryptocurrency services on Friday.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><a href=\"https:\/\/news.bitcoin.com\/india-significantly-increase-crypto-market-share\/\"><strong>India to Significantly Increase Crypto Market Share<\/strong><\/a><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>The Indian cryptocurrency market is poised to gain considerable global market share starting this year, according to a report published last week by Coinpaprika, a cryptocurrency research platform, and Okex, a global cryptocurrency exchange.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/us-regulators-target-bitcoin-atms-88-of-the-funds-exit-the-country-via-machines\/\">US Regulators Target Bitcoin ATMs<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract \u201cgreater\u2026regulatory focus\u201d in a bid to rein-in alleged cross-border illicit financial transfers.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><a href=\"https:\/\/news.bitcoin.com\/japanese-finance-minister-shoots-down-plan-to-cut-bitcoin-tax-to-20-cites-crypto-divide\/\"><strong>Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%<\/strong><\/a><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">Japan\u2019s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition of cryptocurrency as miscellaneous income, whereby virtual currency is taxed at rates of up to 55%.<\/li>\n<li style=\"list-style-type: none;\"><\/li>\n<li style=\"list-style-type: none;\"><\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-0\" class=\"article-pharagraph\">\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>June Weekly Recap 2 June 1st &#8211; June 8th, 2020 Welcome to our 2nd weekly recap for June. Overview\u00a0 &nbsp; &nbsp; &nbsp; &nbsp; Crypto News Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval The Swiss Financial Market Supervisory Authority (FINMA) recently approved two banks \u2014 Maerki Baumann and Incore Bank \u2014 to<\/p>\n","protected":false},"author":4,"featured_media":1174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,52],"tags":[81,91,92,89,87,88,94],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/06\/ethereum-crypto-satoshi-cryptocurrency1.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>June 2020 Weekly Recap #2 &bull; SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2020\/06\/08\/june-2020-weekly-recap-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"June 2020 Weekly Recap #2 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"June Weekly Recap 2 June 1st - June 8th, 2020 Welcome to our 2nd weekly recap for June. 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