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Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...
Payments company Curve bids for BlockFi's 87,000 credit card customers
14.11.2022
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto
13.11.2022
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year....
FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing
13.11.2022
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently...
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
12.11.2022
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology...
Russian IT Firms Lobby for Crypto Payments in Software Exports
11.11.2022
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses...
Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts
11.11.2022
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market account” in addition to “debit cards...
Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to Buy $1BN Worth of USDT
10.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to...
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
9.11.2022
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany
Ramp Raises $70M to Provide Crypto Payments Infrastructure
9.11.2022
The round was co-led by UAE wealth fund Mubadala Capital and investment firm Korelya Capital
Ramp, builder of crypto payment rails, raises $70M
9.11.2022
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions
Mastercard CEO: ‘Long Way to Go Before Crypto Becomes Mainstream’
8.11.2022
The CEO of the payments giant Mastercard Michael Miebach argued that several elements need to come together before bitcoin (BTC) and crypto in general can go mainstream.
In an interview with Yahoo Finance, the CEO was asked if the day will come when everybody will be paying in bitcoin, and Miebach...
Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration
7.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana...
Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils
7.11.2022
Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside...
Why banking uses at least 56 times more energy than Bitcoin
6.11.2022
“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph
DeFi at the crossroads of the trucking industry to ensure efficient payments
6.11.2022
A handful of organizations are combining crypto with decentralized finance models to create better payment systems for trucking companies
7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible
5.11.2022
Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital assets, build communities for creators and empower people to innovate for the future through Web3...
Dogecoin Price Prediction – Elon Musk to Add DOGE Payments on Twitter?
4.11.2022
Dogecoin price prediction remains bullish, especially above the 38.2% Fibonacci retracement level of $0.1200. Despite billionaire Elon Musk's strong support, Dogecoin failed to extend its previous four-day bullish rally and lost some ground. ...
Read More: Dogecoin Price Prediction – Elon Musk...
Santander UK Puts Limits on Payments to Crypto Exchanges
3.11.2022
The bank takes note of the risks of investing in crypto and rising crypto fraud
CloudWalk Is First Crypto Firm in Brazil to Become a Licensed Payments Institution
3.11.2022
The company, which already has a stablecoin tied to the Brazilian real, was licensed by the central bank of the South American country