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Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards


Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...

BIS Unsure if 'Global Stablecoins' Can Help Cross-border Payments


Agustín Carstens, General Manager of the BIS. The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects. In a new report to the G20 entitled...

Singapore & JPMorgan to Rollout Blockchain-powered Payments Platform


Singapore’s central bank says its prototype blockchain-powered cross-border payments network is now ready for commercial rollout. As previously reported, the Monetary Authority of Singapore (MAS) began “industry testing" for its new solution with JPMorgan and the state-operated Singaporean...

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