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China Begins Enforcing Restraints Targeting Large Cash Transactions


China plans to impose checks on large banking transactions for fear of surging bad debt by small lenders. The state will roll out the new restrictions in several provinces later this year.



According to a Bloomberg report, there will be limits on individuals and businesses...

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By: Tom Nyarunda
Strike Lets Users Send BTC Directly to Their Bank Account


Recently, Jack Mallers, the Developer of the Zap Lightning Wallet, announced that “Strike”, a new app for iPhone, Android, and Chrome, will foster the use of Bitcoin. 



As per the announcement, the Strike app will let users send and receive BTC directly to and from bank accounts, without a ...

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By: Wayne Jones

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#Adoption #BankTransfers #BitcoinNews