CEX.IO to Provide One-Click DeFi Access, Lists New Tokens, and Offers Instant 0% Fee Visa Deposits

LONDON, the United Kingdom, September 26 – CEX.IO, one of the leading international cryptocurrency exchanges, announces its plans for entering the decentralized finance (DeFi) market.

Visa Onboarding Dozens of Crypto Companies Amid New Digital Asset Strategy

Visa is expanding its partnerships with cryptocurrency companies across the globe in an effort to support its commitment to bolstering new types of commerce.

CEX.IO to Provide One-Click DeFi Access, Lists New Tokens, and Offers Instant 0% Fee Visa Deposits

Ahead of the upcoming one-click DeFi access feature, CEX.IO lists major decentralized finance tokens and offers instant, zero-fee Visa card deposits. LONDON, the United Kingdom – CEX.IO, one of t The post CEX.IO to Provide One-Click DeFi Access, Lists New Tokens, and Offers Instant 0% Fee Visa Deposits appeared first on AMBCrypto.

Visa-Owned Plaid Has a Hidden Passion for DeFi

Fintech enabler Plaid is quietly working with at least two decentralized finance (DeFi) startups.

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa is enhancing its blockchain payment drives among its merchants through research while forming partnerships with central banks for CBDC issuance (Read More)

Visa-backed Anchorage Loads Up on Uniswap, DeFi Tokens

Anchorage, a digital asset custody provider, has added five new DeFi tokens, including Uniswap’s UNI, to its secure storage product.

Crypto Companies Are Lining Up to Work With Us, Says Visa Exec

A growing force in the crypto space, Visa says it's getting more and more industry firms interested in payments partnerships.

Visa Mulls Interoperation With Blockchain as It Evolves Into 'Network of Networks'

Payment card giant Visa sees a use case for a blockchain network in its strategy and talks of a "big opportunity" in central bank digital currencies (CBDCs), according to two executives at the company. Visa is evolving into a "network of networks," meaning that it aims to initiate and terminate transactions across multiple networks, Terry Angelos,

Visa wants to advance its crypto payment tech and help banks explore CBDCs

Cuy Sheffield, senior director and head of crypto at Visa said in a report today that the global payment network, Visa, was advancing its work on its cryptocurrency payment technology and that it woul The post Visa wants to advance its crypto payment tech and help banks explore CBDCs appeared first on AMBCrypto.

Digital Chamber Adds Mulvaney to Board of Advisors; Visa, Goldman Join Executive Committee

The Chamber of Digital Commerce announced Wednesday that former acting White House chief of staff Mick Mulvaney has joined the group’s board of advisors.

Visa, Goldman Sachs and Mick Mulvaney join leading blockchain trade association

Several leaders in banking, payments and politics are joining the Chamber of Digital Commerce, a major voice for the blockchain industry in Washington, D.C. On Wednesday, the Chamber of Digital Commerce announced the addition of Visa, Goldman Sachs and Six Digital Exchange (SDX) to its executive committee.

XCoins: Simple Way To Buy Bitcoin Online With a Credit Card

XCoins is a platform that allows users to buy Bitcoin and a few other cryptocurrencies quickly using nothing but their Visa or MasterCard.

Binance’s crypto Visa card is now available all across EEA countries

Binance is aggressively pushing its new crypto debit card. The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe. According to a Sept.

US Crypto lender Cred joins Visa fintech program 

San Francisco-based crypto lending and staking platform, Cred announced today that it has joined Visa's Fast Track program, which according to the firm would speed-up the process of eventually integra The post US Crypto lender Cred joins Visa fintech program  appeared first on AMBCrypto.

Cryptocurrency Lending Platform Cred Joins Visa’s Fast Track Program

The digital asset lending and borrowing platform Cred has joined Visa's Fast Track program and it plans to leverage Visa's experience to enhance its services. The post Cryptocurrency Lending Platform Cred Joins Visa’s Fast Track Program appeared first on CryptoPotato.

Digital assets firm Cred eyes global expansion using Visa's network

Crypto borrowing and lending platform Cred has joined Visa’s Fintech Fast Track program to further the adoption of DeFi loans. The decentralized finance platform Cred will now use Visa’s extensive reach to further push the adoption of lending and borrowing of digital assets. On Sept.

Visa Adds Crypto Lender Cred to Fast Track Payments Program

Decentralized lending platform Cred is the latest crypto firm to join Visa’s Fintech Fast Track Program with the goal of scaling faster.

Payment giants drive crypto adoption by engaging with startups

Companies like Visa and Mastercard are taking an interest in crypto startups to drive growth, but does this challenge the fundamentals of crypto? Financial services giants Visa and Mastercard have shown an increased interest in the trillion-dollar digital payment sector through their recent acquisitions of innovative fintechs.  In January this year, Visa acquired fintech firm Plaid for $5.3 billion.

Hong Kong-based Crypto.com hires former Visa exec  as GM of Japan

The Hong Kong-based cryptocurrency and payment platform Crypto.com hired ex Visa International Asia-Pacific executive, Nobuyuki Nagahama, as General Manager of Japan.

Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation

On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time.

'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Business news Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made on Thursday by The Federal Reserve Chairman in which he discussed, among

Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger

A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows. On Aug.

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

With help from the Visa Fast Track program, LastBit will let users make any purchase with bitcoin, without needing the merchant to actively accept it.

UK antitrust regulators give Visa’s fintech acquisition a green light

The Competition and Markets Authority find no reason that the merger will affect competition in the UK consumer-to-business electronic payments sector. The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid following a Phase 1 review. According to an Aug.

Fan Token Providers Chiliz and Socios Launch Visa Debit Card

Blockchain tech now powers global fans to “be more than a fan” with a Visa debit card. Chiliz.net and Socios.com, a major industry tandem specializing in blockchain-based fan tokens, are rolling out their Visa debit card. As officially announced on Aug.

First Litecoin-Native Visa Debit Card Is Being Launched

Charlie Lee: Litecoin maximalists don’t exist. The first Litecoin (LTC) native Visa debit card is being launched by BlockCard.  Charlie Lee told Cointelegraph this is their second attempt at the endeavour as the previous one failed: “We previously worked with LitePay on a debit card but that failed when LitePay went out of business.” Lee also drew a distinction between this Litecoin-native debit card and other crypto cards that support the currency: “There are other crypto debit cards available today that support Litecoin, but they only support funding with LTC.

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban

NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers.

Cryptocurrency Cards: An Unnecessary Solution That Should Be Stopped

It is high time for traditional financial institutions to see that the crypto industry has matured enough and does not possess high risks. Crypto cards have become a must-have for many crypto services.

Millions of Visa-accepting stores in Mexico can now take crypto

Mexico-based cryptocurrency exchange Tauros has launched the region’s first crypto debit card through a deal with Dash and Visa.

Dash Launches Latin America’s First Ever Crypto Debit Card

Crypto exchange Taurus will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Taurus.io, to release the first crypto Visa debit card in Latin America.

DLT Passport, Scammers Preying on Retirement Funds + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain and DLT news ShareRing, an enterprise-ready platform using distributed ledger technology, has launched the first private contact-tracing passport that can be integrated with e-visa on arrival systems

Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week

Check out this week’s Bad Crypto podcast. Stability? What stability? Bitcoin has burst through its ceiling, leapt 15% and is now tickling a new ceiling of $11,000.

Today’s Cryptocurrency Trusts and Hedge Funds Amid Financial Crisis

The digital asset is now experiencing what may be a historic rise in acceptance, as the COVID-19 pandemic revealed its needs. On July 22, 2020, the United States Office of the Comptroller of the Currency published a letter clarifying that national banks and federal savings associations can indeed take custody of cryptocurrency assets.

Mastercard and Visa Are Making Bold Moves Toward Mass Crypto Adoption

Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale. Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world.

Crypto-Enabled Investment App eToro Gets Ready to Issue Debit Cards in UK

EToro is reportedly moving ahead with its debit card plans as it acquires a UK Visa Principal Member. The crypto-enabled investment app eToro is set to launch its debit card in the United Kingdom as it acquired Marq Millions Ltd, a licensed e-money business holding a principal Visa membership. As reported by TechCrunch on July 29, eToro “acqui-hired” Marq Millions Ltd., a UK-based e-money provider for an undisclosed sum.

Visa Moving to Integrate With Digital Currency Platforms

Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants.

Here’s Why VISA’s Mentioning of Bitcoin Is Positive For the Space

Pundits of cryptocurrencies and Bitcoin supporters alike all agree, that the biggest barrier to adoption is mainstream acceptance.

Visa Joins Mastercard and PayPal in Turning Bullish for Crypto and Digital Currencies

Shortly after Mastercard showed its hand on its stance on cryptocurrency, Visa published a blog announcing that the payments giant is advancing its approach towards digital currency.

Swipe Visa Card Adds Crypto Travel Booking Site’s AVA Token

Travala.com’s native token AVA will now be added to the Swipe wallet service and Visa card platform — making it spendable at 60 million merchants worldwide. At a time of unprecedented upheaval in the global tourism industry, blockchain-based travel booking service Travala and Swipe aim to boost crypto’s useability. Announced on July 24, Travala’s native token AVA will now be added to the Swipe wallet service and Visa card platform — reportedly making it spendable at 60 million merchants. AVA will also be supported by Samsung Pay, Google Pay and Apple Pay through Swipe’s integration with these services.

Payments Giant Visa Reveals Roadmap to Supporting Bitcoin (BTC) and Cryptocurrency

  Visa is laying out its plan to support Bitcoin (BTC) and the cryptocurrency space at large.

Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized Airball

Visa said crypto is part of "the future of money," members of the US Senate think the dollar should go digital and OCC will allow banks to custody crypto.

Visa to Remain ‘Agnostic’ On Crypto, Will Support What Clients’ Demand

Payment card giant Visa said it has an “agnostic” view on cryptoassets, adding it will support all forms of “digital currencies and blockchain networks” that its clients demand. The clarification of Visa’s stance on crypto came in a blog post from the company published yesterday, where it also said that its approach to digital currencies – including both central

Visa Blog Post Hints at Future Digital Currency Projects

Visa appeared on Wednesday to redouble its efforts to “shape and support” cryptocurrency’s place in the “future of money.”

Visa lays out platform-agnostic approach to crypto, blockchain

With 25+ wallets already linked to Visa, the payments titan outlines an outlook that isn’t tied to any particular coin or platform.

Wirex teams with Mastercard, says Wirecard collapse didn’t hurt users

The crypto-native payments platform has already launched its Visa crypto debit card—and can now issue the same with Mastercard.

New Crypterium Card VISA Edition to Enhance the Crypto Spending Experience

Crypterium, a well-known cryptocurrency company and winner of the KPMG Fintech startup award has announced the launch of its new Crypterium Card VISA Edition.

Second Lawsuit Filed Against Plaid

Another class action lawsuit against Plaid has been filed citing the company violated user data privacy. A new class action lawsuit complaint against fintech startup Plaid has been filed with more plaintiffs alleging the company violated the data privacy of users.  The new complaint filed on behalf of four new plaintiffs alleged that Plaid—which was bought by Visa for $5.3 billion this year—collected information on over 200 million distinct financial accounts who use services such as Venmo, Coinbase, Square’s Cash App and Stripe. The complaint states Plaid obtained “direct and full access to consumers’ personal financial banking information for Plaid’s own commercial purposes wholly unrelated to the consumers’ use of the apps.” It adds:  “Plaid exploits its ill-gotten information in a variety of ways, including marketing the data to its app customers, analyzing the data to derive insights into consumer behavior, and, most recently, selling its collection of data to Visa as part of a multi-billion dollar acquisition.

Lightning Startup Zap Raises $3.5M From Investors Including Morgan Creek

Zap, the crypto wallet which allows users to purchase Bitcoin instantly via the Lightning Network, raised $3.5M in April, filings show. Zap, the Lightning startup behind a non-custodial Bitcoin wallet, has raised $3.5 million in a seed round in April. As reported by Forbes on July 15, previously undiscovered filings by the US Securities and Exchanges Commission revealed Zap raised $3.5 million in the April seed round with investors including Green Oaks Capital and Morgan Creek Digital, co-founded by Bitcoin bull Anthony “Pomp” Pompliano. What is Zap? A non-custodial wallet, Zap stands out from others by enabling users to instantly purchase Bitcoin (BTC) using a US bank account via the Lightning Network. Zap CEO Jack Mallers is the grandson of Bill Mallers, who helped found the Chicago Board of Exchange and the son of Bill Mallers Jr., who co-founded brokerage firm First American Discount Corporation.  Mallers has said Zap’s ultimate goal is make Bitcoin more accessible and “used for all that it has to offer by the masses.” “Our users today don't ever know we're using Bitcoin when they're using dollars.

Lightning Startup Zap Raised $3.5M for Bitcoin App Ahead of Visa Deal

The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020.

Binance CEO CZ Showcases First Use of Binance Card

Binance CEO Changpeng Zhao shows first beta transactions involving Binance’s long-anticipated crypto debit card, Binance Card. Binance’s CEO has just demonstrated the first use of Binance Card, a cryptocurrency debit card that was first announced by Binance in April 2020. In a July 10 tweet, Binance CEO Changpeng Zhao revealed that he is taking part in Binance Card beta testing, featuring transactions involving Binance’s native token, BNB. This story is developing and will be updated.

Binance Officially Aquires Swipe, Enters Crypto Visa Debit Card Segment

Binance acquires the Visa debit card platform Swipe and lists its native cryptocurrency (SXP).

Binance Acquires Crypto Debit Card Provider Swipe for Undisclosed Sum

Binance said Tuesday that the Swipe acquisition, which is already available in 31 countries, could significantly improve crypto adoption globally.

Visa Head of Crypto Says Central Bank Digital Currencies Could Boost Bitcoin (BTC) – Here’s How

Cuy Sheffield, Visa’s head of crypto, says the emergence of central bank digital currencies (CBDCs) will become a dominant trend in the future.  In a series of tweets posted on Saturday, the Visa executive emphasizes that interest in CBDCs is just getting started.

Visa Seeks Ethereum Developer for New ‘Distributed Application’

The world's largest payment network is looking for an Ethereum developer to help work on a new blockchain-based application.

Visa seeks Ethereum and Ripple devs for global blockchain payments

Visa is looking for developers experienced with Ethereum, Bitcoin and Ripple to build a global blockchain payments network.

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

CBDC is the Most Important Trend in Payments Says Visa Crypto Chief

Visa’s head of crypto says CBDC is the most important payments trend in the next decade. Central Bank Digital Currencies, or CBDC, may just be one of the most important trends over the next decade claims Visa’s head of crypto. Cuy Sheffield, who runs credit card giant Visa’s crypto projects, tweeted that “as governments evaluate CBDC, the path they decide to take will have major implications for privacy, monetary sovereignty, geopolitics, and financial inclusion, as well as global adoption of crypto dollars and Bitcoin.” He said: “I'd argue that central bank digital currency (CBDC) is one of the most important trends for the future of money and payments over the next decade.

Visa-Backed Payments Platform Partners With Ripple – Is XRP in the Mix?

Visa partner Currencycloud is now working with Ripple to expand their business-to-business cross-border payments platform.

Have Decentralized Payment Systems Finally Managed to Compete With Visa and Mastercard?

It is no secret to anyone even vaguely familiar with the IT sector and the ever-evolving blockchain industry that the latter rose to prominence and capitalization on a slew of promises.

Coinbase's "Data Plumber" Denies All Allegations

Coinbase’s “data plumber” denies storing users’ login credentials in plain text, and all the other allegations in a new class action complaint. A source close to Plaid, the company that serves as a “data plumber” to Coinbase, Robin Hood, Square’s Cash App and many others, denied all allegations of the class action complaint that was recently filed. The entire complaint hinges on the allegation that Plaid sells user data to the “highest bidder”.

Bitcoin Startup Zap Is Working With Visa

Lightning Network startup Zap, Inc.

Visa-Owned Fintech Startup Slammed With Class Action Lawsuit for Data Breach

A class action by aggrieved users of various payment apps such as Venmo, Square’s Cash App, and Stripe filed a lawsuit against Visa-acquired fintech company, Plaid, for a data breach.

Class Action Alleges Visa-Acquired Co Was ‘Data Plumbing’ Venmo, Cash App & More

A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users. June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier this year.

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.

Wirecard: Crypto Card Users’ Funds Locked as UK Regulator Suspends Subsidiary

UK Financial Conduct Authority (FCA) on Friday suspended the license of Wirecard Card Solutions (WCS), a unit of troubled Wirecard AG, which is responsible for issuing Visa cryptocurrency debit cards.

Crypto.com Suspends Visa Card Issuance as Wirecard Solutions Halted by the UK FCA, Funds Are Safe

Following the drama with Wirecard, the UK Financial Conduct Authority (FCA) has suspended its subsidiary Wirecard Card Solutions to conduct any regulated activities.

Review: Crypto.com’s Ruby Steel Prepaid Visa Card

A number of members in the cryptocurrency community, typically people who are paid in crypto assets, have tried a myriad of prepaid cards that can be credited with digital currencies like bitcoin.

The Next Hertz? Wirecard Files For Insolvency Following The Missing $2.1 Billion Fiasco

Wirecard, a company whose subsidiary issues Crypto.com’s MCO Visa card and TenX’s Visa Debit Card, has filed for insolvency.

WhatsApp Payments Suspended by Brazil’s Central Bank

WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out. Brazil’s central bank has ordered Mastercard and Visa to suspend processing money transfers on behalf of Facebook’s WhatsApp. According to official information shared with Cointelegraph Brazil, the Central Bank of Brazil (BC) took action against WhatsApp Pay “to preserve an adequate competitive environment” and allow the central bank to assess the risks posed by the firm to the country's existing financial sector. Visa and Mastercard will face heavy fines and administrative sanctions if they do not suspend activities relating to WhatsApp payments. Bank will assess the risks The Central Bank of Brazil (BC) has moved to suspend the operations of Facebook’s WhatsApp Pay within its borders, saying it was taking action to ensure “the functioning of an interoperable, fast, secure, transparent, open, and cheap payment system.” It added the move will give the bank time to “assess any risks to the proper functioning of the Brazilian Payments System and verify compliance.” WhatsApp launched its payments system in Brazil earlier this month, following two years of testing in various emerging markets.