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Crypto cards now rival banks for everyday purchases in Europe, with nearly half of transactions under $12 and online spending far above the eurozone average. Crypto cards are beating traditional banks in Europe when it comes to small purchases, with 45% of crypto-linked card transactions under 10 euros ($11.7) — a category where cash has…
The GENIUS Act could soon be up for Senate debate and crypto lobbyists urged senators to quickly pass the bill as amendments on credit card fees threaten to delay the bill. A stablecoin-regulating bill will soon be on the US Senate floor for debate, and crypto lobbying groups have called on lawmakers to focus on…
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Lawmakers are bracing for what could shape up to be a dramatic few weeks for both parties, as they brace for a high-stakes battle over the nation’s borrowing limit. The Treasury Department said this week that the nation could have until as soon as the start of June before it exhausts the “extraordinary measures” implemented…
” Bybit introduces Mastercard-powered debit card days after halting USD transfers “ Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings. The Bybit Card will operate on the Mastercard network and will allow for fiat-based transactions by debiting cryptocurrency balances when…
” Bit2Me and Mastercard launch debit card with crypto cashback “ The merger of Web2 and Web3 tools continues as crypto-backed debit cards become more mainstream. In an announcement on Feb. 10, Bit2Me, the largest Spanish cryptocurrency exchange, revealed its new cashback debit card in partnership with Mastercard. The original Bit2Me card works for its…
” Credit cards can bridge Web2 to Web3, says music industry exec “ Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of…
“Blonde with manicure, pal use swiped credit card: NYPD” A blonde with a stunning manicure joined a brunette accomplice to use a stolen credit card and buy merchandise in Greenwich Village, cops said Sunday. The duo used the purloined plastic at the Village Hemp Shop on MacDougal Street in Manhattan around 10:15 p.m. Nov. 25,…
“Your wallet is telling you how to vote on Nov. 8” In case you had any remaining doubts about the state of the economy before Election Day, Friday brought the worst jobs report of the Biden era. America added 261,000 jobs in October, the second-fewest since the bounceback from COVID began. And unemployment rose to…
” Japan’s International Payments System will test plastic cards for CBDC “ Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested…