bitcoin Tag

Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions.  This is China’s latest attempt to curb the digital trading market.  According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...

BitCoin is a decentralized digital currency that can be exchanged for goods and services in lieu of traditional payment options like credit cards, bank-to-bank transfers and cash. BitCoin is based on unique cryptographically signed blocks called BitCoins that can be traded between parties like currency.  By...