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Visa Crypto Card Users Spent Over USD 1B Globally This Year


Payments giant Visa announced that crypto-linked card usage surpassed USD 1bn in the first half of 2021. Their consumers globally spent more than USD 1bn worth of cryptocurrency on goods and services through Visa's crypto-linked cards in the first six months of the year, CNBC reported, citing...

Bitcoin Still Commands the 9th Largest Market Capitalization in the World


Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away...

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online


Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment...

PayPal, Visa & Other Investors Double Down On Their Crypto Investments


Crypto- and blockchain-focused venture capital firm Blockchain Capital said it has raised USD 300m for its Fund V, with PayPal and Visa among the traditional investors who are still showing interest in the crypto industry. "The fund was heavily oversubscribed at its [USD] 300 million hard...

5 Ways Visa Wants to Work with Crypto and CBDCs


The Visa CEO Al Kelly has outlined five different opportunities his company sees for payments firms in the “crypto and bitcoin (BTC)” space – as well as the world of stablecoins and central bank-issued tokens. In a Q2 2021 results earnings call, Kelly once again reaffirmed his and Visa’s position...

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