Bank of America Becomes the Latest Credit Card-Issuer to Ban Bitcoin

U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases … Read more

Visa CEO: Bitcoin is Not a Payment System

Visa, the world’s largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain. In … Read more

Crypto Card Issuers Seek Solutions in the Wake of a European Ban

Intervention by Visa spelled an end to European crypto debit cards for the majority of customers on Thursday. Around a dozen crypto companies were affected by the shutdown, which instantly wiped out their services across Europe. Issuers such as Bitwala, Tenx, Bitpay, and Xapo were left high and dry after a Visa subsidiary stopped processing … Read more

Major Korean Banks Drop Bitcoin Point Swap Services

South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Also read: South Korea Clarifies Position After Reports of Possible Ban on All … Read more

PR: Peer to Peer Crypto Exchange Cointal.com Restores the Cryptocurrency’s Freedom: Performance Summary + Bitcoin Cash Added

We can be very grateful for the exchange platforms’ appearance ; the expansion that the cryptoworld is now knowing can only be withstood with strong and reliable teams. But the rules are the rules, and except for Bitcoin, there hasn’t been any other way to trade other cryptocoins except on exchanges, and with very limited … Read more