Square’s Dorsey Backs Bitcoin Over Alternatives

Square’s Dorsey Backs Bitcoin Over Alternatives By Crypto Global News Jack Dorsey says Square is dedicated to making bitcoin “the native currency of the internet”, and the company he co-founded has no intention to expand its offerings to other cryptocurrencies. The day after Square’s shareholders approved the plan to acquire Afterpay, Mr Dorsey told analysts […]

‘Devastating Impact’: Austrac Warns Banks Against Ditching Crypto Dealers

‘Devastating Impact’: Austrac Warns Banks Against Ditching Crypto Dealers By London Times The anti-money laundering regulator is warning banks against large-scale ‘debanking’ of customers for dealing in cryptocurrencies and remittance services, saying it expects deposit takers to have systems in place to differentiate good operators from bad ones. Austrac issued the stern warning against debanking […]