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.