Wells Fargo Won’t Allow Customers To Buy Bitcoin

Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its customers to purchase Bitcoin with their own funds. Wells Fargo ‘Does Not Allow Transactions Involving Cryptocurrency.’ Wells Fargo’s decision diverges from other leading financial […]

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Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold

Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U.S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U.S. dollar as the world reserve currency. Powell: The […]

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