
3 Major U.S Banks Unveil their Cryptocurrency Policies
Bank of America, Citigroup, and Wells Fargo have testified before the United States Senate Banking Committee on their bitcoin policy.

Bank of America, Citigroup, and Wells Fargo have testified before the United States Senate Banking Committee on their bitcoin policy.

The U.S Securities and Exchange Commission (SEC) stated today that it has filed an action against five people for allegedly promoting a worldwide unregistered digital asset securities offering that generated more than $2 billion from retail investors.

Elon Musk and Mark Cuban, two of Dogecoin’s most renowned supporters, have openly endorsed the concept that the meme token is becoming a viable payment service.

In a significant event, British Westminster Bank NatWest has gone to the aid of cryptocurrency investors. NatWest has issued an ‘urgent’ crypto fraud notice to its mobile app customers in order to safeguard them against questionable crypto schemes and crypto frauds.

Tech giant Apple’s latest job ad is suggesting the possibility of the company exploring the cryptocurrency market. Apple is seeking a Business Development Manager – Alternative Payments, to join its team.
In such a rare occurrence, Bithumb is one of the largest cryptocurrency exchanges in South Korea, has announced their underway plans to list a native token of their rival exchange, Binance.

Speaking at Consensus on Wednesday afternoon, PayPal’s head of blockchain and crypto, Jose Fernandez da Ponte, said that the firm would introduce support for third-party wallet transfers.

Ripple, in partnership with Oman’s second-largest bank, BankDhofar, has announced the launch of mobile banking payments from Oman to India through RippleNet.

Since cryptocurrency has gained mainstream attention, global regulation is becoming more stringent. One of the causes

India-based layer 2 Ethereum scaling solution Polygon is the latest startup to secure the backing of American billionaire investor Mark Cuban.

Coinbase announced yesterday the entry of a new chief policy officer to its team of employees.

Leading cryptocurrency by market cap Bitcoin is rallying back up the $40K mark after ongoing talks of a sustainable mining solution.