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” New crypto card by Nexo allows users to pay without selling Bitcoin “ Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto. Nexo has partnered with Mastercard and the peer-to-peer payment startup DiPocket to launch the…
” Mastercard files 15 metaverse and NFT related trademarks “ Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital assets, processing of payment cards in the metaverse,…
“Dem pols demand Visa, Mastercard halt business in pro-Kremlin Belarus” A group of seven Democratic lawmakers — including Bronx Rep. Ritchie Torres — are demanding Mastercard and Visa suspend all business operations in pro-Kremlin Belarus, which Russian troops have been using as a staging ground in their brutal war on Ukraine. Torres — along with…
” No credit for crypto — users react to Russia-issued credit card ban “ Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users. On Saturday, Visa, Mastercard, and PayPal announced they would be suspending…
“# Cambridge University launches crypto research project with IMF and BIS ” The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights…
“# Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks ” Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Monday, the industrials conglomerate…
“# Mastercard expands consulting with crypto-dedicated practices ” Continuing its goal to pursue a spot within the crypto industry, Mastercard recently announced that the firm is expanding its consulting business with practices that are dedicated to crypto. In the announcement, Mastercard’s data & services president Raj Seshadri says that the financial institution will continue to…
“# Crypto Biz: Microsoft enters the metaverse, Jan. 14–20 ” This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase and Mastercard and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below. Microsoft enters the…
“# Coinbase partners with Mastercard for NFT marketplace purchases ” Credit card company Mastercard has announced users of Coinbase’s upcoming nonfungible token (NFT) marketplace will be able to use their cards to make purchases as part of a new partnership. In a Tuesday blog post, Mastercard executive vice president of digital asset and blockchain products…
“# Binance to finalize acquisition of Swipe, paving for CEO exit ” Binance, the world’s largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users of Binance will be able to spend their coins at over 70 million locations worldwide as a result…