Visa said it had struck partnerships with more than 50 cryptocurrency platforms and exchanges to allow end-users to spend digital currencies at 70 million merchants globally via crypto-linked cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Visa said Wednesday that its cryptocurrency-backed credit card is growing in popularity. The company’s chief financial officer told CNBC today that users of the card had spent more than $1 billion worth of cryptocurrency globally on goods and services in the first six months of...
Global payments firm InComm Payments says it is working with Flexa to offer customers an easier way to accept digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The sales volume for non-fungible tokens (NFTs) hit $2.5 billion in the first six months of this year, up from a total of $13.7 million in all of 2020, Fox News reported, citing data from the NFT marketplace OpenSea and other marketplace data. Get the Full Story Complete...
New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment tools, Coindesk reported on Thursday (July 1). Get the Full Story Complete the form to unlock this article and enjoy...
As banks get further into crypto, it is hard to not see that evolution as validation for digital currencies and the world’s fastest-growing new asset class. At least that is the conventional wisdom in the wake of a number of deals among providers to bring...
Coinbase is planning to develop a cryptocurrency app store for decentralized apps (dApps) using the blockchain, with an end goal of listing all legal assets and putting decision-making into the hands of users. Get the Full Story Complete the form to unlock this article and...
As China keeps developing its digital yuan, European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau doesn’t think it’s a good sign for the euro, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.S. Federal Reserve Vice Chair for Supervision Randal K. Quarles called the global rush to roll out central bank digital currencies (CBDC) akin to the 1980s parachute pants fad and FOMO, or the “fear of missing out.” Get the Full Story Complete the form to...
