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Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Egypt is facing a severe cash crunch as the country is feeling the economic pressure of the coronavirus outbreak. The central bank of Egypt has instructed local banks to begin restricting daily withdrawals and has instructed citizens not to withdraw so much money.

KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack

KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack

KuCoin announced yesterday that the withdrawal and deposit services for all tokens will finally be resumed on the crypto exchange.

Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal

Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal

Bakkt has finally announced the launch of its long-awaited for the withdrawal and deposit of Bitcoin, Bakkt had said in its announcement that it's potential clients are customers who are willing to deposit and withdraw Bitcoin.

Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit

Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit

According to ongoing reports and speculation from some quarters in the cryptocurrency world, as regard allegations being brought against Coinbase, the United States San Francesco based cryptocurrency giant exchange and wallet service of restricting some clients to a maximum withdrawal of $10 per day.

How to Buy Bitcoin Cash in South Korea: Bitcoin.com and Mecon Cash Will Enable BCH Withdrawals at ATMs

How to Buy Bitcoin Cash in South Korea: Bitcoin.com and Mecon Cash Will Enable BCH Withdrawals at ATMs

A strategic partnership between Bitcoin.com and Mecon Cash made it possible for Bitcoin Cash to be added to Mecon Cash’s M.Pay platform which has over 13,000 ATMs in South Korea, thereby making the withdrawal of BCH to South Korea nationals easy especially in places that are yet to integrate peer-to-peer electronic cash transactions.

Russia Restricts Anonymous Cash Deposits to Online Wallets

Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.

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