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“# Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support ” Hybrid crypto-fiat platform Alchemy Pay announced Monday that the company will be launching virtual crypto-linked cards accepting more than 40 cryptocurrencies like Bitcoin (BTC). The new cards can be linked to Google Pay and PayPal digital wallets, and make payments across…
“# Digital asset platform Zipmex partners with Visa in Asia Pacific ” Asia-Pacific crypto-fiat trading platform Zipmex has forged a strategic partnership with Visa in a bid to improve the convenience of its payment programs and products. The platform’s payment network ZipSend, designed to enable users to spend their crypto, will be integrated into Visa’s…
“# We have to be in the crypto space, Mastercard CEO says ” Traditional card networks are vying to ensure their services remain at the center of new developments in digital assets, whether they be central bank digital currencies or private sector stablecoins. In an earnings call on July 29, Mastercard CEO Michael Miebach discussed recent…
“# Crypto frenzy may be winding down, Visa CFO says ” This year has seen unprecedented growth in the crypto markets, with lucrative knock-on effects for third parties like Visa. This, however, may already be beginning to dwindle, according to the company’s senior executives. The payments giant’s newly-released financial results for fiscal Q3 2021 show bullish…
“# Visa to acquire cross-border payments fintech Currencycloud ” Visa officially announced Thursday that it signed a definitive agreement to acquire Currencycloud, a fintech platform supporting about 500 banking and technology clients across more than 180 countries. The new acquisition aims to improve Visa’s foreign exchange business and expand them to serve financial institutions, fintechs…
“# Visa to approve Bitcoin spending card for Australian startup CryptoSpend ” Global payment giant Visa is moving forward with its commitment to digital currency adoption by approving the issuance of a new Bitcoin (BTC) debit card in Australia. Sydney-based crypto spending app CryptoSpend announced Wednesday that Visa has approved the issuance of a physical…
“# BREAKING: Stablecoin firm Circle to go public in $4.5B blank-check deal ” Circle, a Goldman Sachs-backed fintech company focused on stablecoin development, has officially announced Thursday its plans to go public. Under the terms of the agreement, a new Irish holding company will acquire both Concord and Circle and become a publicly-traded company that…
“# Visa reports over $1 billion in crypto spending in H1 2021 ” Global payments giant Visa will continue to support the development and adoption of the cryptocurrency industry as part of its business, the company said in its latest crypto update. In an official statement on Wednesday, Visa announced that its crypto-enabled cards processed…
“# BlockFi starts shipping Visa-backed Bitcoin rewards credit cards ” New York-based crypto loans and savings startup BlockFi launched its Bitcoin (BTC) rewards credit card today. The card is available to select approved customers on the United States waitlist. Officially named BlockFi Rewards Visa Signature Credit Card, the card was first announced at the end…
“# Institutional exchange launches crypto debit card ” Intercontinental Exchange subsidiary Bakkt has introduced a debit card allowing customers to use crypto for retail purchases. In a Tuesday announcement, Bakkt said it had launched a fully virtual Visa debit card for both online and in-store spending. Card holders can spend Bitcoin (BTC) from their Bakkt…