Swipe launches its first cryptocurrency credit card in the United States.
US users now have access to Swipe's new product — the LendFi Visa Card, a cryptocurrency credit card that uses DeFi protocols. This is stated in the press release.The spread and regulation of cryptocurrencies and blockchain technology in the banking industry and fintech applications.
Swipe launches its first cryptocurrency credit card in the United States.
US users now have access to Swipe's new product — the LendFi Visa Card, a cryptocurrency credit card that uses DeFi protocols. This is stated in the press release.
PBoC draws up blacklist of OTC cryptocurrency traders
The People's Bank of China has drawn up a blacklist of accounts belonging to major traders on local cryptocurrency OTC platforms. Those named will be barred from online banking for five years, according to DeCrypt, citing local media.
Former top executives of leading US banks launch their own cryptocurrency fund
Former heads of the Asia-Pacific divisions of leading American banks HSBC, Citigroup and Merrill Lynch in the Asia-Pacific region left the traditional financial sector to trade cryptocurrencies. CoinDesk reports, citing sources familiar with the matter.
U.S. regulator allows banks to hold stablecoin reserves
The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, has allowed national banks and federal savings associations to hold stablecoin issuers' reserves.
Wirex to launch Mastercard-enabled multi-currency card
The processing service Wirex announced the launch of a multi-currency card linked to 19 crypto and fiat assets.
Kraken becomes the first US crypto exchange to obtain SPDI status
The Bitcoin exchange Kraken became the first in the United States to obtain the status of a Special Purpose Depository Institution (SPDI), conferring it with the functions of a traditional financial institution. The Wyoming Banking Board approved the California company's application.
Binance launches pan-European payment card with cashback in BNB tokens
The cryptocurrency exchange Binance announced the launch of a crypto-payment card across the European Economic Area.
Payoneer becomes issuer of Mastercard-based prepaid cards
The Payoneer payment platform has begun issuing Prepaid Mastercard cards.
Regulators hinder UBS-backed blockchain project launch
Fnality International, a consortium of several major banks, has been forced to push back the launch of the Utility Settlement Coin (USC) project to 2021 due to regulatory barriers, Reuters reports.
Study finds banks overlook up to 90% of suspicious cryptocurrency transactions
Financial institutions do not understand the nature of cryptocurrency transactions, and may miss up to 90% of suspicious operations. CipherTrace analysts reached this conclusion.We use cookies to improve the quality of our service.
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