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Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks
12.6.2021
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such as bitcoin, will be subject to “a new conservative prudential treatment.”...
Kenyan Banks Warn Clients Against Crypto Trading
8.6.2021
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.”...
Coinbase Card Integrates With Apple Pay and Google Pay — Cardholders Can Use Crypto for Payments, Earn Rewards
1.6.2021
Coinbase Card can now be used with Apple Pay and Google Pay, allowing cardholders to pay for goods and services using cryptocurrencies. Customers can also earn up to 4% in crypto rewards back when using their Coinbase Card with Apple Pay or Google Pay. Coinbase Enables Debit Card Use With Google...
Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...
Mastercard adds 6 blockchain payments startups to accelerator program
3.5.2021
The "fintech innovators" will receive direct support from Mastercard as they bring their products and services to market
Got crypto? Here are 3 debit cards that let you spend your stack
30.4.2021
Crypto debit cards are growing in popularity as holders look for effortless ways to spend their assets
Mastercard Launching Crypto Rewards Credit Card With Real-Time Bitcoin Rewards
27.4.2021
Mastercard is launching a new cryptocurrency rewards credit card featuring real-time rewards in partnership with crypto exchange Gemini. Cardholders will earn up to 3% back in real-time in bitcoin or a number of supported cryptocurrencies. Payments giant Mastercard is launching a new crypto rewards...
Gemini to launch Bitcoin cashback rewards on Mastercard credit card
27.4.2021
The exchange will offer up to 3% cashback in the form of cryptocurrency for users of its upcoming Mastercard credit card
DeFi’s critical missing piece: Credit scores
10.4.2021
Traditional finance is built not on collateral but on reputation, and DeFi will grow by following suit
Paxos applies for clearing license with SEC following successful pilot tests
6.4.2021
The stablecoin issuer completed a successful pilot test for same-day trade settlements with Credit Suisse and Instinet
Xend Is Listing on AscendEX
4.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Xend Token (XEND) under the pair USDT/XEND on Apr 2 at 1:00 p.m. UTC. Xend Finance is a DeFi platform for cooperatives...
Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch
30.3.2021
Payments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. “This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or...
Visa plans to allow partners to settle fiat transactions with crypto
29.3.2021
Visa’s partners will be able to exchange USDC over the payment network to clear transactions made in fiat currency
3 reasons why StormX (STMX) price has rallied 2,800% in 2021
25.3.2021
StormX has quietly rallied more than 2,800% since February as the project's crypto rewards program and plans to launch a debit card bear fruit for early investors
Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies
2.3.2021
Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban...
BlockFi clients earn record interest payments in February
1.3.2021
Zac Prince, BlockFi’s CEO, said his company paid out 450 in BTC, 5,000 in ETH and 6 million in stablecoins last month
As Visa and Mastercard raise fees, merchants may look to crypto
24.2.2021
Cryptocurrencies have fees, but so do payment cards
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Bitcoin mining operator Northern Data reportedly considering $500M IPO
23.2.2021
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO
Darknet Market Joker’s Stash Retires After Raking in $1 Billion in Cryptocurrencies
14.2.2021
One of the largest darknet marketplaces for selling identity data and stolen credit card information, Joker’s Stash retired last month after making off with a cool $1 billion in cryptocurrencies. Weeks ago, U.S. and European officials seized some of the web portal’s servers tied...