Search Results for "debit"
US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.
PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users
PayPal CEO discussed the integration of cryptocurrency into its business and potential business partnerships with central banks.
Kraken Is the First Cryptocurrency Exchange to Become a US Bank
Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.
Binance Launches New Virtual Crypto Debit Card Issued by Visa, with Physical Version to be Rolled Out Shortly
Leading crypto exchange Binance announced the launch of its new product 'Binance Card' which aims to provide crypto payment services anywhere in the world.
KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens
Data don’t lie. New research from KPMG investigated how consumers feel about the application of blockchain digital tokens. It turned out that consumers believe that the blockchain-baked tokenization could significantly transform the way businesses interact with the public. But it emerged that most businesses have not embraced the new technology. Now, you can guess the implications.
Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto
Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.
Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People
Ternio, a leading white-label technology company, has revealed the findings of a new study dubbed “The State of Crypto Entrepreneurship 2019.” It was, therefore, estimated that crypto/blockchain organizations employ 86,443 people across the globe.
Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary
United Kingdom’s Financial Conduct Authority (FCA) has suspended Wirecard Card Solution Ltd, the Wirecard’s subsidiary responsible for the issuance of Visa crypto debit cards.
What is CBDC?
CBDC stands for Central Bank Digital Currency, and represents the digital form of a nation’s fiat money (currency backed by trust or faith in the regulating government).
Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System
Crypto usage is growing in Russia, despite attempts by the government to make investment more difficult.
Coinbase Becomes the First Crypto Firm to Be Awarded Visa Principal Membership
Coinbase has just announced to have been approved as Visa principal member. The partnership will make it easier for consumers to spend their cryptocurrencies around the world leveraging Visa's global network.
Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants
Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.