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Being able to easily find places to shop with bitcoin is a crucial step for actual adoption. While not really using the cryptocurrency as it is intended to, topping up debit cards with bitcoin allows spending your holdings while bypassing the need for merchants to learn a new payment system and just use the same … Read more
Litecoin users were quite excited regarding the imminent launch of LitePay. This new service brings LTC to more consumers and retailers, and the associated payment card would have made it easier to spend cryptocurrencies as well. Unfortunately, this new service has been put on hold indefinitely. A lot of people are disillusioned by this turn of … Read more
There is a lot of fierce competition in the world of cryptocurrency-related debit cards. Although a lot of companies were forced to end their services, new competitors will emerge fairly soon. One of those companies goes by the name of Monaco, even though it has nothing to do with the luxurious part of France. The … Read more
U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases … Read more
Visa, the world’s largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain. In … Read more
Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately, according to a Fortune report. Also Read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin “The Bitcoin … Read more
Intervention by Visa spelled an end to European crypto debit cards for the majority of customers on Thursday. Around a dozen crypto companies were affected by the shutdown, which instantly wiped out their services across Europe. Issuers such as Bitwala, Tenx, Bitpay, and Xapo were left high and dry after a Visa subsidiary stopped processing … Read more
Cryptocurrencies are now worth over $600 billion. This is more than the net worth of Amazon or Facebook. Owing to its continual growth, many great projects have emerged that are developing to enhance pre-existing services and products. As the number of projects increases, so does the demand and need for a means to utilise company-issued … Read more
We can be very grateful for the exchange platforms’ appearance ; the expansion that the cryptoworld is now knowing can only be withstood with strong and reliable teams. But the rules are the rules, and except for Bitcoin, there hasn’t been any other way to trade other cryptocoins except on exchanges, and with very limited … Read more
On December 15 the largest bitcoin payment processor in the world, Bitpay, announced it will now process payments for multiple blockchains. The first decentralized currency Bitpay has opted to utilize will be bitcoin cash. Also read: Venezuelans Turn to Bitcoin as Government Crackdown on Mining Intensifies Bitpay Will Now Process Bitcoin Cash for Merchant Invoices and … Read more
