{"id":104688,"date":"2020-11-04T15:01:45","date_gmt":"2020-11-04T12:01:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/chinas-unionpay-and-koreas-danal-to-launch-crypto-supporting-digital-card\/"},"modified":"2020-11-04T15:01:45","modified_gmt":"2020-11-04T12:01:45","slug":"chinas-unionpay-and-koreas-danal-to-launch-crypto-supporting-digital-card","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/chinas-unionpay-and-koreas-danal-to-launch-crypto-supporting-digital-card\/","title":{"rendered":"# China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card"},"content":{"rendered":"

“# China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card <\/strong>”
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Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card.<\/p>\n

Danal’s crypto wallet Paycoin, and its crypto token of the same name, will be the interface for the new, prepaid mobile card. Paycoin has indicated that users will be able to use the card, and Paycoin, to pay for goods and services at over 30 million UnionPay merchants across 179 countries and regions.\u00a0<\/p>\n

Danal’s PayCoin is a blockchain-based asset, which has been in circulation since 2019. It has a reported 760 registered users; Gdac, Upbit, \u00a0Huobi Korea, Liquid and Coinone are some of the more prominent exchanges that list it. For now, PayCoin’s largest user base is in Korea, although the company has its sights on global outreach.<\/p>\n

In a statement<\/a> to South China Morning Post, Danal CEO Park Sang Man highlighted the forthcoming card’s benefits for foreign exchange and payments oversea.\u00a0The UnionPay-Danal card will support top-ups and payments in both fiat currency and crypto.<\/p>\n

News<\/a> of the new UnionPay card comes despite China’s much-advertised roadmap for a central bank-backed digital currency, and alternately ambivalent, or hostile,\u00a0stance towards private cryptocurrencies.<\/p>\n<\/div>\n

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If you want to read more News articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card ” Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card. Danal’s crypto wallet Paycoin, and its crypto token of the same name, will…<\/p>\n","protected":false},"author":1,"featured_media":104689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/d509744b-bde8-4db5-8168-9678aa8528a9.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,78446,74355,4973,72420],"class_list":["post-104688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-unionpay","tag-adoption","tag-china","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/104688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=104688"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/104688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/104689"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=104688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=104688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=104688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}