PayPal and Intuit QuickBooks were approved by the Small Business Administration to take part in the Paycheck Protection Program. The emergency government loans are meant to help small businesses survive the economic slowdown caused by the coronavirus outbreak.
“Bitcoin can only fulfill its purpose if its value is not destabilized by failing infrastructure problems. The fact that one single platform, BitMEX, can move the price of BTC from 1 to almost 0 is a massive problem for Bitcoin. Now more than ever, there is a need for better market infrastructure.”