We know that your desire to leave your work on Friday evening is much stronger than the desire to wake up early on Monday.😬
Let’s take a look at some of the biggest stories of the past week in cryptocurrency👇
✅Wells Fargo, the third-largest US bank, banned using their credit cards to buy cryptocurrency. The company declined transactions made at well-known crypto exchanges and brokerage platforms. On Monday, their spokesman announced that Wells Fargo intends to protect their card holders from multiple risks associated with purchasing cryptocurrencies.
✅Steve Bannon, a media executive behind Breitbart Media, former investment banker, and previous Trump advisor, told the New York Times that bitcoin will be a trigger to financial revolution. He thinks that cryptocurrencies are ‘disruptive populism’ and that cryptos take control back from central authorities. Also, CCN reported that Bannon was trading virtual currencies before the bitcoin hype, in 2007. He spent $60 million on virtual currencies in the popular game World of Warcraft.
✅The Korea Federation of Banks will launch a customer ID verification based on blockchain and it will be developed by Samsung. They plan to implement this system called “BankSign” in July.
This is big for korean banks because the problem is that they’ve been forced to use a 20-year old banking security programme. Blockchain-based ID verification will be available in both online and mobile banking.
Let’s take a look at some of the biggest stories of the past week in cryptocurrency👇
✅Wells Fargo, the third-largest US bank, banned using their credit cards to buy cryptocurrency. The company declined transactions made at well-known crypto exchanges and brokerage platforms. On Monday, their spokesman announced that Wells Fargo intends to protect their card holders from multiple risks associated with purchasing cryptocurrencies.
✅Steve Bannon, a media executive behind Breitbart Media, former investment banker, and previous Trump advisor, told the New York Times that bitcoin will be a trigger to financial revolution. He thinks that cryptocurrencies are ‘disruptive populism’ and that cryptos take control back from central authorities. Also, CCN reported that Bannon was trading virtual currencies before the bitcoin hype, in 2007. He spent $60 million on virtual currencies in the popular game World of Warcraft.
✅The Korea Federation of Banks will launch a customer ID verification based on blockchain and it will be developed by Samsung. They plan to implement this system called “BankSign” in July.
This is big for korean banks because the problem is that they’ve been forced to use a 20-year old banking security programme. Blockchain-based ID verification will be available in both online and mobile banking.
