Cryptocurrency Digest Jul 20, 2021: News, Analysis & Opinions

📉 Bitcoin fell below $30,000 today.
🆘 The European Commission drafted a bill that would require companies conducting cryptocurrency transactions to collect the personal data of recipients and senders.
🏦 Rothschild Investment Corp has quadrupled its position in BTC since April. It owns 141,405 shares of GBTC (132.2 BTC).
❌ BlockFi has been banned from bringing in new customers from New Jersey.
⚡️ Circle released USDC collateral data. It has 61% of its assets in cash and cash equivalents.
⚠️ In the coming months, U.S. authorities will release recommendations on the regulation of Stablecoin.
❌ U.S. lawmakers called on the country's Olympic Committee to ban the use of digital yuan in the Chinese Olympics.
💳 Mastercard will make it easier to convert cryptocurrencies into fiat currency.
