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JPMorgan Chase Settles Crypto Credit Card Lawsuit for $2.5M

29.5.2020
JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...

New York Man Charged With Trafficking Credit Card Info, Using Bitcoin to Launder Proceeds

28.5.2020
Vitalii Antonenko, 28, has been indicted for allegedly stealing and selling reams of payment card data, the proceeds of which he laundered in bitcoin

Celsius Users Can Now Buy Tether Gold via Debit and Credit Cards

28.5.2020
Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50

Crypto.com to Expand Its MCO Visa Card Service to Canada

21.5.2020
After expansion across Europe, Crypto.com is now set to roll out its MCO Visa Cards in Canada

Huobi Wallet Now Allows Crypto Credit Card Purchases Through Simplex

19.5.2020
The wallet of cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards

Japan’s Top Credit Card Issuer Building Blockchain Payment System

18.5.2020
JCB’s partner in the venture, TECHFUND, offers services to accelerate the adoption of blockchain technologies for startups

Visa Files Patent Application For Digital Currency

15.5.2020
Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain

Copper Claims New Tool Removes Credit Risk From Crypto Trading

14.5.2020
Copper's ClearLoop tool lets two parties finalize all details of a trade before transferring the seller's assets to the buyer's possession, rather than force the seller to store these assets on an exchange

Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain

13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan

Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’

12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...

DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement

11.5.2020
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process

Vietnam’s HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates

8.5.2020
The bank has signed up to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm

New Global Campaign Urges Credit Card Companies to Block Porn Sites

8.5.2020
An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters

Ransomware Hackers Threaten to Release Credit Card Data From Costa Rican Bank

6.5.2020
A group of ransomware hackers has reportedly stolen sensitive information from a major Costa Rican state-owned bank, Banco BCR

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion

5.5.2020
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia

BlockFi Snaps up Execs From AmEx & Credit Suisse; Tokenized Pet Care + More News

5.5.2020
Source: Adobe/Андрей Яланский Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Career news BlockFi Snaps up Execs From AmEx & Credit Suisse; Tokenized pet care Major US-based...