News

China is determined to completely get rid of Bitcoin and other cryptocurrency-related activities from its borders.

According to The Korean Economic Daily, Woori Bank will be the next South Korean bank to join the digital asset custody services (DACS) sector.

Since China’s crypto crackdown, Chinese miners have started moving out of the highlighted territory into the United States and Taiwan’s most logical choice.

Over the last few weeks, the Financial Conduct Authority has imposed a set of conditions all over the UK that is now forcing UK banks to ban any deposits made to Binance Market Limited.

Sam Bankman Freid, the CEO and co-founder of FTX supported Elon Musk’s recent remarks on Ethereum (ETH) and Bitcoin (BTC), in which he asked the community to be less tribal.

Michael Saylor, the MicroStrategy CEO, shared a Microsoft article on how the global IT giant is developing a project to assist ordinary people in securing their digital identities using Bitcoin.

According to Visa, consumers worldwide bought more than $1 billion in bitcoin via crypto-linked Visa cards in the first half of the year.

Banking giant Santander based in the United Kingdom, has yesterday banned payments to cryptocurrency exchange Binance.

The CEO of financial services and digital payments company Square, Jack Dorsey, took to his social media platform Twitter to announce that Square’s Bitcoin cold wallet currently in the works.

According to a statement, Meitu Inc., a Hong Kong-listed software firm, is likely to incur a US$17.3 million impairment loss on its Bitcoin assets.

Miami, infamously, the Magic City, is intentionally providing the knowledge of leading cryptocurrency Bitcoin to its residents. Bitcoin whitepaper is now available on the official website of Miami.