So you own a bunch of cryptocurrency–now how do you spend it? Bitcoin and Dash can now be spent at any merchant that accepts Visa.
Life has become a lot harder for people who enjoy using cryptocurrency debit cards. A few months ago, Visa announced it would suspend all crypto debit cards outside of the European Economic Area (EEA). It now turns out MasterCard will be doing the exact same thing. This is bad news for a lot of people outside […]
Japan’s largest Bitcoin exchange, bitFlyer, have announced that they will launch a Bitcoin debit card powered by Visa. This development will bring the ever-growing Japanese crypto market closer to being able to use Bitcoin at a variety of locatio…
What has to be done for Bitcoin and Ethereum to conquer the existing financial systems.
Cryptocurrency debit cards that allow crypto holders to spend their cryptocurrencies in mainstream commercial environments are rapidly growing in popularity
“It will take a couple of years for the Blockchain to replace Visa.”: Vitalik Buterin
While the rate of cashless transaction is increasing worldwide, it does not influence cryptocurrency adoption. This might change soon.
Four bitcoin Visa debit cards are suspending service to non-European residents due to Visa’s new licensing restrictions. BTCC and Bitwala have joined Xapo and Shakepay to stop debit card service to users who reside outside of the Visa European payment network. Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency Service Halted for Non-European Residents China-based […]
Big changes are coming to cryptocurrency-based debit cards. These developments are not positive for anyone living outside of the EU, as it appears obtaining such cards in other countries will be extremely difficult. Both Xapo and Shakepay have been asked to halt their service to non-EU residents. Users in regions outside of the EU will […]
Payments multinational Visa may be looking to blockchain as a way to facilitate the transfer of digitized assets, according to a patent filing.
Bitcoin and blockchain technology may give us some insight into the future of payment processing but it sure has a long way to go. VISA handles on average around 2,000 transactions per second (tps) and peaks around 4,000 tps during high shopping periods. This is just a fraction of their capacity, which is said to […]
Swedish bitcoin exchange Safello is back on the radar, announcing credit card payments across the EU and other plans for growth.
Visa is in hot competition to serve the unbanked as Blockchain startups such as BitPesa make ever-increasing inroads.
No one is surprised Visa has no love lost for cryptocurrency users. However, the company also wants to abolish cash payments. After all, cash transactions are a threat to the card payment infrastructure. The company has now extended a new offer to small merchants. In exchange for a payment technology upgrade, these shops have to […]
Although Ethereum’ s future is still uncertain, several indicators show that its core technology is moving in the right direction.