Breaking! The People’s Bank of China announced today that it has formally issued administrative licensing decisions to Visa Information Technology (Beijing) Co., Ltd., Liantong (Hangzhou) Technical Services Co., Ltd., and Mastercard Network Information Technology (Beijing) Co., Ltd., approving the three companies to begin preparations to operate bank card clearing institutions.
The news is somewhat negative; $BTC is currently at 83255.17.
Don’t focus on just one piece of news—it’s more meaningful to connect the dots. Do you buy this news?