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“# Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit ” The United States Department of Justice saw a victory in a major fintech acquisition case that could set the stage for a host of antitrust enforcements. On Tuesday, the DoJ announced that Visa and Plaid had called it quits on their…
“# Visa-backed Bitcoin startup to launch Lightning-based global payments app ” Zap, a Lightning Network payments startup backed by Visa through its Fintech Fast Track program, announced on Jan. 6 the rollout of Strike Global, a payments and remittances app using the Bitcoin (BTC) layer-two technology. An announcement by CEO Jack Mallers goes in-depth into…
“# Simplex partners with Visa to issue crypto debit cards ” Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a recent partnership between Simplex and Visa announced Monday. Simplex, a fiat-to-crypto on-ramp service is…
“# Bitcoin hits $25,000 all-time high milestone, surpassing Visa’s market cap ” The price of Bitcoin (BTC) surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone. Visa, the financial services giant, is valued at $460.06 billion according to Yahoo Finance. As…
“#Visa lifts payment ban for some MindGeek porn sites” Visa said it will allow cardholders to buy some porn from Pornhub’s parent company, MindGeek — but not Pornhub itself. The credit-card giant said it will lift its payment ban for MindGeek sites that host porn from professional studios. The Luxembourg-based conglomerate owns several such sites,…
“# Binance Visa cards are now shipping to European customers ” Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards in the European Economic Area. According to a Dec. 14 announcement, users in the EEA region will soon receive their physical Binance Visa cards. Customers that already ordered the card…
“# Verge, XVG price get a helping hand as Visa and MasterCard cut off Pornhub ” Verge (XVG), the cryptocurrency now infamous for its links to the porn industry, is on the up again — thanks to a classic fiat money scandal. As adult entertainment giant Pornhub confirmed this week, payment providers Visa and MasterCard…
“# Visa will facilitate USDC payments, thanks to fresh partnership ” Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards. “After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send…
“# Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows ” Visa and BlockFi are teaming up to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency. BlockFi, a New York-based startup specializing in crypto-backed loans and savings accounts, announced…
“# US Fed researcher says CBDCs should beat Big Tech payments on privacy protection ” Cash usage has lost a ton of ground to digital payments as the pandemic has changed the way people transact worldwide. Some experts have recently argued that central bank digital currencies could solve the problem of leaving that payments data…