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Mastercard Fined $650M by EU for ‘Artificially’ Raising Fees

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The European Union’s competition commission has handed Mastercard a €570 million euro ($648 million) fine for artificially raising payment processing fees in breach of antitrust laws, according to an online statement published on Jan. 22. Mastercard forced merchants to pay exchange fees in their countries of residence, forestalling their access to banks with lower fees … Read more

8 Crypto Debit Cards You Can Use Around the World Right Now

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Cryptocurrencies are gradually becoming a viable payment option across a range of markets and jurisdictions. If there is a tool that significantly expands the usability of digital coins in a world still dominated by traditional payment systems, it’s the crypto debit card. A growing number of reliable platforms offer the fintech product to bitcoin enthusiasts. … Read more

The Daily: Best Selling Authors Introduce Bitcoin to Followers

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In the first edition of The Daily for 2019, we feature two best selling authors from outside the cryptocurrency community that recently used their social media reach to introduce the idea of Bitcoin to their numerous followers. Tony Robbins simply wants his readers to know “what the heck is bitcoin,” and Jordan Peterson explores crypto … Read more

Visa CEO Plays Down Cryptocurrency Threat, Indicates Possible Intervention

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Visa chief executive officer Alfred Kelly has said that cryptocurrencies are not a significant threat to his company’s electronic payments hegemony. He nevertheless indicated that the legacy financial intermediary may move into handling cryptocurrency if there is an incentive to do so. Also Read: Japan Approves Self-Regulation of Cryptocurrency Exchanges Kelly: Cryptocurrency More a Commodity Than … Read more

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