VISA

Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation

On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists commented on the central bank’s move. Senior director of …

Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation Read More »

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

Last month, Bitcoin Lightning startup Strike announced  it would be working with the world payment giant Visa. Now, another startup in the same vein, LastBit, which just launched its app in beta, will be going through the same Visa Fast Track program.  This partnership will eventually make it possible for users to pay for items …

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments Read More »

First Litecoin-Native Visa Debit Card Is Being Launched

The first Litecoin (LTC) native Visa debit card is being launched by BlockCard.  Charlie Lee told Cointelegraph this is their second attempt at the endeavour as the previous one failed: “We previously worked with LitePay on a debit card but that failed when LitePay went out of business.” Lee also drew a distinction between this …

First Litecoin-Native Visa Debit Card Is Being Launched Read More »

Tech giants back lawsuit against US guest worker ban

Alex Wong via Getty Images Apple, Facebook, Microsoft and 49 other tech companies are fighting against the administration’s guest worker visa ban. They’ve filed an amicus brief (PDF) supporting a lawsuit against acting Homeland Security Secretary Chad Wolf and Secretary of State Mike Pompeo over the new rules, which suspend H-1B and other guest worker …

Tech giants back lawsuit against US guest worker ban Read More »

Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week

Stability? What stability? Bitcoin has burst through its ceiling, leapt 15% and is now tickling a new ceiling of $11,000. The new move has put Bitcoin’s actual price at around double the realized price. On Black Thursday, the realized price was higher than the actual price. So how much higher will Bitcoin go? Max Keiser …

Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week Read More »

Visa Moving to Integrate With Digital Currency Platforms

Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed digital currencies or stablecoins promises a new payment innovation …

Visa Moving to Integrate With Digital Currency Platforms Read More »

Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the … read more. Renters Threaten …

Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards Read More »

Class Action Alleges Visa-Acquired Co Was ‘Data Plumbing’ Venmo, Cash App & More

June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier this year. The plaintiffs allege that Plaid violated privacy and data protections by accumulating and monetizing financial transactions of millions of users. The complaint alleges that the company accumulated this data by …

Class Action Alleges Visa-Acquired Co Was ‘Data Plumbing’ Venmo, Cash App & More Read More »

Online Data Analysis Points to Venezuela Accepting BTC for Passports

Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and … read more. …

Online Data Analysis Points to Venezuela Accepting BTC for Passports Read More »

WhatsApp Payments Suspended by Brazil’s Central Bank

Brazil’s central bank has ordered Mastercard and Visa to suspend processing money transfers on behalf of Facebook’s WhatsApp. According to official information shared with Cointelegraph Brazil, the Central Bank of Brazil (BC) took action against WhatsApp Pay “to preserve an adequate competitive environment” and allow the central bank to assess the risks posed by the …

WhatsApp Payments Suspended by Brazil’s Central Bank Read More »