Here's what happened this week in Bitcoin in 99 seconds.

It is said that Facebook is working on a cryptocurrency that will allow users to transfer money to their WhatsApp messaging app, focusing first on the remittance market in India. The company is developing a stablecoin, a type of digital currency anchored to the US dollar, but at the moment it is still far from releasing it.

Blockstream announced that its satellite blockchain system has extended its coverage to Asia. Most countries in the world can now synchronize Bitcoin blockcoin by satellite. Blockstream also announced that its satellites now also support Lightning Network payments.

A Twitter survey conducted by the British central bank revealed that about 70% of his followers would prefer to receive a cash gift in the form of cryptocurrency.

The UK Tax Agency, Her Majesty & # 39; s Revenue and Customs, has announced new rules for the way cryptographic assets will be taxed within the country. In short, information indicates that cryptography will be considered more as property or goods than as money.

Two members of Congress in the United States proposed a legal change that would exclude cryptocurrencies from existing securities laws. If approved, their bill would alter the way cryptography and tokens are regulated in the United States.

And finally, the South Korean prosecutors office accused three executives of encrypting the exchange, with fraud, with fraud. Leaders are supposed to have conspired to create over $ 225 billion in false volumes. The problem of false volume persists in many exchanges.

This is what happened this week in Bitcoin. I'll see you next week.