No credit for crypto — users react to Russia-issued credit card ban
“Visa and Mastercard dig their own graves by politicizing their products and pushing people all over the world toward Bitcoin,” said Marty Bent. Go to Source Powered by WPeMatico
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Bitcoin Network Transaction Volume Surpasses American Express: Research
A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions. Go to Source Powered by WPeMatico
American Express Sees Crypto as Asset Class — Says It’s Not a Near-Term Business Threat
American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its business. American Express CEO Discusses Crypto Strategy The chairman and CEO of American Express (Amex), Steve Squeri, answered some questions regarding cryptocurrency … Read more
Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto
“We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon,” said Stephen Squeri. Go to Source Powered by WPeMatico
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s desire to cash in on the growing institutional interest in cryptocurrencies. Amex Venture’s Long Term Interest … Read more
Italians Prefer BTC to Visa or Mastercard When Shopping Online
BTC is a more popular online payment method in Italy than traditional credit cards, such as Visa, Mastercard and American Express Go to Source Powered by WPeMatico
Amex Files Patent for Blockchain System to Match Images of Receipts With Stored Records
American Express’ travel arm files new patent for a blockchain-based system to receive, record and transmit images of receipts Go to Source Powered by WPeMatico
The Daily: A Dirty War on Bitcoin
Today’s installment of The Daily is all about dirty tricks. The sort of tricks designed to convince the world that Bitcoin is bad. Spending bitcoin, mining it, or allowing the Chinese to mine it ahead of the U.S. — all bad, according to American Express, the White House (allegedly) and a handful of other haters. … Read more
The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango
Covered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card … Read more
$26K Worth of Bitcoin Sent to Controversial Activist Tommy Robinson
The controversial political activist and independent journalist Tommy Robinson was sent £20,000 ($26K USD) worth of bitcoin, according to local reports, by supporters to help cover legal costs. Mr. Robinson was arrested two months ago for allegedly violating a contempt of court order. He was sent to a local jail, and recently the court found fault … Read more
