#Visa allows paying off credit card bill with cryptocurrency

#Visa allows paying off credit card bill with cryptocurrency

“#Visa allows paying off credit card bill with cryptocurrency” Visa said Monday that it will allow the use of cryptocurrency USD Coin to settle up transactions in its payment network, the latest indication of the growing acceptance of digital currencies by the mainstream financial industry. Visa has launched the pilot program with payment and crypto…

Read More
# Bahamas’ Sand Dollar nears commercial rollout as interoperability completed

# Bahamas’ Sand Dollar nears commercial rollout as interoperability completed

“# Bahamas’ Sand Dollar nears commercial rollout as interoperability completed ” The Central Bank of the Bahamas has announced that its central bank digital currency, the Sand Dollar, is expected to achieve full interoperability between its various wallet providers within the week. A recent statement released by the CBoB revealed that authorized financial institutions, or…

Read More
# Crypto-collateralized loans may soon bring new investors to space

# Crypto-collateralized loans may soon bring new investors to space

“# Crypto-collateralized loans may soon bring new investors to space ” Institutional investors will soon be able to receive Bitcoin-collateralized U.S. dollar loans through Silvergate Capital Corporation — the holding company of pro-crypto institution, Silvergate Bank. According to an announcement from Silvergate, Coinbase Custody will be the custodian for loans funded through the bank’s Silvergate…

Read More
#Citigroup CEO Jane Fraser bans Zoom calls on Fridays

#Citigroup CEO Jane Fraser bans Zoom calls on Fridays

“#Citigroup CEO Jane Fraser bans Zoom calls on Fridays” Citigroup has banned internal Zoom calls on Fridays in an effort to stop staffers from running themselves ragged while they work from home. Jane Fraser, the megabank’s newly minted CEO, announced the “Zoom-Free Fridays” policy in a company memo alongside other measures aimed at addressing “the…

Read More