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Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary

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.

3 Benefits You Need to Know About Cryptocurrency Credit Cards

3 Benefits You Need to Know About Cryptocurrency Credit Cards

A breaking story shows that MedeTrade crypto exchange has integrated Dash in its Visa cryptocurrency credit and debit card. Therefore, crypto users need to know about benefits associated with cryptocurrency visa card.

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

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.

eToro Plans to Launch Debit Card in UK Ahead of Robinhood

eToro Plans to Launch Debit Card in UK Ahead of Robinhood

As US-based investment app Robinhood delays its launch in UK indefinitely, eToro has revealed that it is planning to launch its debit cards for UK customers.

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Wirecard announced that it is missing $2.1 billion after auditors Ernst & Young raised questions.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

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.

Binance Launches New Virtual Crypto Debit Card Issued by Visa, with Physical Version to be Rolled Out Shortly

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.

Visa's New Debit Card Rumored to Use XRP for Payments

Visa's New Debit Card Rumored to Use XRP for Payments

In an announcement made yesterday, Moneygram has partnered with Visa to launch a peer-to-peer debit card service.

Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills

Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills

Crackdown on money laundering and fraud in the Chinese crypto space has seen cryptocurrency miners pay the price, as cards linked to crypto have been frozen.

Coinbase Becomes the First Crypto Firm to Be Awarded Visa Principal Membership

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.

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