Are Mastercard and VISA Cutting Out Unregulated Crypto Brokers and ICOs?
Mastercard and VISA have allegedly deemed crypto and ICO’s to be ‘high risk’. Is it true and, if yes, what would that mean? Go to Source Powered by WPeMatico
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Pantera Capital Exec: Cryptocurrency Market Prices Could Increase Tenfold by 2020
Real adoption is the key to driving crypto higher, says Pantera Capital co-CIO Go to Source Powered by WPeMatico
MasterCard, VISA to Classify Crypto, ICOs as ‘High Risk,’ Increase Monitoring, Sources Say
Payment giants MasterCard and VISA will soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category, sources say Go to Source Powered by WPeMatico
Bitpay Phases Out Crypto-Debit Cards for European Cardholders
The global cryptocurrency payment service provider, Bitpay, has announced the company’s loadable cryptocurrency debit card services will no longer work for European customers later this month. Bitpay has emailed all of its European card holding customers and revealed it is in the midst of sunsetting all Bitpay accounts related to the Wave Crest-issued Bitpay card. … Read more
Payments Platform Wirex Launches Iban for Spanish and French Users, Doubles Account Limits
Wirex on Friday announced it had introduced International Bank Account Numbers (Iban) on its Euro accounts for customers in Spain and France. The bitcoin and cryptocurrency wallet firm also doubled account thresholds for users within the 31-member European Economic Area (EEA) to between $18,560 and $20,000, meaning customers can credit their accounts by that much. … Read more
Bitpay and BTC.com Team: 1 Million Users Gain Access to $1 Billion Merchant Market
BTC.com has . announced its wallet will enable Bitcoin Improvement Proposal 70 (BIP-70) for payment transactions, which is especially helpful between customers and merchants, becoming an industry standard of sorts. The wallet has more than one million users, and with BIP-70 they will be able to buy products from popular processing platform Bitpay, which has … Read more
Major Thai Bank to Test Visa Blockchain Solution for Cross-Border Payments
Visa blockchain-based solution for business clients to be tested by Thailand’s fourth largest bank, Kasikornbank Go to Source Powered by WPeMatico
Financial Blockades Are Bad for Humanity But Great for Bitcoin
Vloggers. Sex workers. Conservatives. Iranians. People from every strata of society, with nothing in common, save for a shared grievance. All have found themselves locked out without warning by their payment provider. Account frozen. Funds seized. Lifeline severed. And for what exactly? For the amorphous crime of failing to comply with the terms of service. … Read more
Credit Card Cartels Landed With $6.2 Billion Bill
Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees. The credit card giants have now conceded defeat and agreed to settle the price-fixing case for a whopping $6.2 billion. Also read: Raising the Dead: … Read more
Bitcoin ATMs Targeted by Malware for Sale in Underground Markets
Malware aimed at Bitcoin ATMs is being sold in underground markets, according to Trend Micro security researchers. For $25,000, malware exploiting a service vulnerability allows users to nab bitcoin price equivalent in euros, USD, or British pounds. Also read: Bitcoin’s Hopeful Numbers: 70% Familiar in the United States For $25,000, Bitcoin ATM Malware is Available … Read more
