Though there is no official proof that Facebook (FB) holds any Bitcoin, rumors have begun to circulate that the massive tech company does hold the cryptocurrency. Proof of the company’s holdings is set to be revealed tomorrow during its earnings call on April 28th. A bipartisan bill addressing cryptocurrencies made it through the House of Representatives. Next up: the Senate.Minneapolis-based U.S. Bank is taking a big step into the bitcoin business. In addition to its recent strategic investment in crypto infrastructure firm Securrency, U.S. Bank, part of U.S. Bancorp, the fifth-largest bank in America, said Tuesday it will offer a new cryptocurrency custody product in partnership with an unnamed sub-custodian. Turkish government now plans to establish a central custodian bitcoin bank to remove counterparty risk for local exchanges, a central bank HODLING Bitcoin. The Central Bank of Iran has declared that licensed banks and moneychangers in the country can use cryptocurrency that has been mined by officially sanctioned miners to pay for imports, according to a report from the Financial Tribune. Young South Koreans are reportedly turning to cryptocurrencies as a means of generating wealth in greater numbers , much to the chagrin of their employers. Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has partnered with Mastercard to launch a crypto rewards credit card this summer.
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