There is a lot of fierce competition in the world of cryptocurrency-related debit cards. Although a lot of companies were forced to end their services, new competitors will emerge fairly soon. One of those companies goes by the name of Monaco, even though it has nothing to do with the luxurious part of France. The team’s mission is fairly simple: to put cryptocurrency in every wallet. What is Monaco Exactly? The main objective of Monaco is to let users spend their cryptocurrencies as conveniently as possible. With their free accounts, support for multiple cryptocurrencies, and exchanges of value based onPowered by WPeMatico
U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases […]
Visa, the world’s largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain. In […]
Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately, according to a Fortune report. Also Read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin “The Bitcoin […]
Intervention by Visa spelled an end to European crypto debit cards for the majority of customers on Thursday. Around a dozen crypto companies were affected by the shutdown, which instantly wiped out their services across Europe. Issuers such as Bitwala, Tenx, Bitpay, and Xapo were left high and dry after a Visa subsidiary stopped processing […]
Cryptocurrencies are now worth over $600 billion. This is more than the net worth of Amazon or Facebook. Owing to its continual growth, many great projects have emerged that are developing to enhance pre-existing services and products. As the number of projects increases, so does the demand and need for a means to utilise company-issued tokens. These can range from platform and service fees on a company’s ecosystem to a more varied role such as grocery purchases and other daily transactions.
We can be very grateful for the exchange platforms’ appearance ; the expansion that the cryptoworld is now knowing can only be withstood with strong and reliable teams. But the rules are the rules, and except for Bitcoin, there hasn’t been any other way to trade other cryptocoins except on exchanges, and with very limited options, along with extensive charges and ever-longer pending demands. That time is over.
On December 15 the largest bitcoin payment processor in the world, Bitpay, announced it will now process payments for multiple blockchains. The first decentralized currency Bitpay has opted to utilize will be bitcoin cash. Also read: Venezuelans Turn to Bitcoin as Government Crackdown on Mining Intensifies Bitpay Will Now Process Bitcoin Cash for Merchant Invoices and […]