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Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means of exchange.” Digital Gold Segment In an earnings call with … Read more
The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi Go to Source Powered by WPeMatico
The Justice Department’s November suit has reversed the planned merger. Go to Source Powered by WPeMatico
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.” Despite the investor’s criticism, the crypto asset’s market capitalization has surpassed … Read more
Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards. Go to Source Powered by WPeMatico
Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value. The leading cryptocurrency by market valuation, bitcoin … Read more
Bitcoin exceeds the market cap of Visa at $460 billion as the price reaches a new all-time high of $25,000. Go to Source Powered by WPeMatico
London-based crypto-payments platform Wirex can now issue Visa accounts and process transactions autonomously, as the firm became a principal member of the payments giant. Crypto Payments Platform Wirex Gets Principal Membership From Visa to Issue Cards Autonomously According to the announcement, Wirex has been added to the European network of Visa as a member after … Read more
Ether payments are now available on the Binance Visa card which is now shipping to customers in the EEA region. Go to Source Powered by WPeMatico
During the first week of September, the world’s largest adult web portal Pornhub expanded its payment options by adding bitcoin and support for three other cryptocurrencies. However, after Mastercard and Visa severed ties with Pornhub last week, the company’s premium services payment processor now defaults to cryptocurrency only. Pornhub is by far the largest adult … Read more
