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Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to … Read more
Over the last 12 months, you’d be forgiven for thinking that Bitcoin has become the new black. It’s escaped the underground and is, at last, a household name. Disclosure: This is a Sponsored Article Now, for nothing more than a long number, you can book flights to the other side of the world, buy a … Read more
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 … Read more
The credit card company crypto squeeze continued this week with Discover Card announcing it would not allow its customers to use their card on cryptocurrency exchanges. It’s the latest in a string of credit card purveyors to block access. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” Discover Card Removes Doubt: No Crypto … Read more
There are many reasons why so many people use the Coinbase exchange. One of the main factors is that the company supports both credit and debit cards to buy Bitcoin and other supported currencies. Unfortunately, it seems there are some issues with these payment methods. A lot of customers have complained about extra charges when using a … Read more
Payment processor Stripe is halting bitcoin support. Declaring that “there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense,” the online payments specialist is calling it a day on cryptocurrency for the time being. Over the past month, a handful of other companies have also rolled back bitcoin support, … Read more
Graft, the first global, open-sourced payment gateway blockchain network designed for Point-of-Sale, moving ahead of schedule and have launched its main net on January 16, 2018, before the start of the company’s Initial Coin Offering (ICO), which starts on January 18. The post PR: Payment Gateway Graft Blockchain Launches Mainnet Ahead of Schedule appeared first … Read more
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 … Read more
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Just recently we reported on European bitcoin users having issues with their loadable bitcoin debit cards. Even though some of these businesses are having a few issues, there are many cryptocurrency debit cards available all around the world. Also read: Visa Veto Leaves Several European Cryptocurrency Cards Locked Out Since 2015 Bitcoin-Based Debit Cards Have Grown … Read more