#Visa News

CMCC Exchange now a Member of Hong Kong Cryptocurrency Union

Visa Reports $1B in Transactions via Crypto Credit and Debit Cards so Far in 2021

July 8, 2021 by Anthonia Isichei at Altcoins

Visa-backed crypto debit and credit cards have facilitated over $1 billion worth of transactions within the first half of the year. Crypto cards have become a major part of the push towards achieving scalable retail adoption of virtual currencies. Billion Dollar Visa Crypto Card Transactions According to an announcement released...

CoinZoom Joins Visa’s Fintech Fast Track Program

May 15, 2021 by Adeniyi Olowoporoku at Blockchain

Leading U.S based cryptocurrency exchange CoinZoom has announced that it has joined Visa’s Fintech Fast Track Program. This development is expected to speed the process of integrating with Visa and expand CoinZoom’s capability to leverage the capabilities and security of the Visa global payment network. CoinZoom to Launch New Products...

Bank of Japan Studying Digital Currencies, Says Governor

Bank of Japan Commences the First Phase of Virtual Currency Assessments

April 5, 2021 by Wayne Jones at Regulation

Japan's Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of 2022. Japan's CBDC Relations The Bank of Japan plans to...

Visa’s USDC Integration Pushes Ether (ETH) Price Above $2,000

April 2, 2021 by Ogwu Osaemezu Emmanuel at Ethereum

The price of Ether (ETH) has once again surpassed the $2k price region, thanks to some bullish news in favor of the world’s number one smart contracts network. At the time of writing the price of ether (ETH) is exchanging hands for $2,013. Ethereum Sustains Bullish Surge In another exciting...

Proton Mail Comes Forward in Support of Bitcoin - Not Selling

Bitcoin Addresses Holding 1 BTC or Less Steadily Growing

March 26, 2021 by Wayne Jones at Bitcoin

According to a cryptocurrency statistics tracker Glassnode, the number of bitcoin addresses holding 1 BTC or less has accumulated 5.20% of the total bitcoin supply. Digging Into The Future Glassnode revealed the share of all mined BTC by these addresses three years ago was 3.97%, which has now increased by...

Crypto.com Announces Global Alliance Partnership and Principal Membership with Visa

March 18, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

HONG KONG, March 17, 2021 — Crypto.com today announced a global partnership with Visa that also includes principal membership in Visa’s network in Australia. The partnership will advance Crypto.com’s ambition to accelerate the adoption of crypto payment solutions around the world by expanding the reach of the Crypto.com Visa Card....

CoinZoom Visa Card Now Supports Apple Pay, Google Pay, and Samsung Pay

March 17, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

CoinZoom has announced that it is rolling out support for the major mobile payment providers for its CoinZoom Visa card users. The move will allow cardholders to link their CoinZoom cards to their devices using Apple Pay, Google Pay, or Samsung Pay. Users who take advantage of the service will...

Gleec Announces New Free Top-Up Crypto Visa Card, Beta Version of Gleec Card App

February 24, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

The Gleec platform has introduced its new Gleec card app, allowing users to request a virtual and physical top-up Visa cryptocurrency Gleec Card. The late February launch comes roughly three years after the launch of Gleec Coin, a virtual currency built for real-world purchases through Gleec’s integrated ecosystem. Crypto-funded cards...

Goldman Sachs Exec Says More Institutional Investment Would Calm Bitcoin

Bitcoin Cannot Be Considered A Medium of Exchange, Says Goldman Sachs Executive

February 5, 2021 by Adeniyi Olowoporoku at Bitcoin

Bitcoin price volatility has been the subject of speculations, with many suggesting that this could hinder its adoption mainstream. Goldman Sachs Group Mossavar-Rahmani further reinforces this notion and believes that the leading coin cannot be used as a medium of exchange. Volatility a Major Detriment for Adoption Rahmani, who heads...

Visa Reveals Bitcoin And Crypto Banking Roadmap Amid Race To Reach Network Of 70 Million

Visa Partners with Black-Centered Bank for Crypto API Pilot

February 4, 2021 by Anthonia Isichei at Bitcoin

Payment processing giant Visa has partnered with First Boulevard, a neobank focused on building wealth for the black community, to pilot a new crypto application programming interface (API) program. Giving Financial Institutions Having Access to Cryptocurrency According to a press release on Wednesday (Feb. 3, 2021) Visa’s collaboration with First...

Is This the First Blockchain To Really Compete with Visa?

November 10, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Ever since Bitcoin’s scaling woes first became apparent, the blockchain industry has been set to the task of building a more efficient system that can achieve the level of scaling necessary to compete with legacy payment systems, like Visa. Currently handling an average of 20,000 simultaneous transactions per second (tps),...

Hyperledger Adds Visa and Six Others to Its Blockchain in September

September 28, 2020 by Adeniyi Olowoporoku at Blockchain

Enterprise-grade blockchain project Hyperledgder confirmed the arrivals of new members Visa and SAP to its blockchain project in September. Visa joined six other new members including EMURGO, SIX Digital Exchange, Chainstack, SIMBA Chain, SIX Digital Exchange, SAP on the alliance. A Growing List of Members The collaborative project aims to...

Hyperledger Announces Onboarding of EMURGO Into Blockchain Consortium

September 10, 2020 by Adeniyi Olowoporoku at Blockchain

Blockchain consortium Hyperledger has revealed in a tweet on September 9 2020 the addition of EMURGO and eight other tech firms into its ecosystem. The onboarding of new members is expected to foster blockchain adoption in different sectors. EMURGO, Visa Lead List of New Members The notable new additions include...

“If you Can’t Fight it, Adopt it,” Visa Wins Patent for Digital Currency Protocol

May 15, 2020 by Aisshwarya Tiwari at Blockchain

International payments processor Visa won a patent describing a digital currency protocol on May 14. The system works on a private blockchain and uses native tokens to facilitate transactions. Good for Crypto? As Forbes reported, the Visa blockchain would feature native “digital dollars” and other central bank-issued fiat currencies. The...

Crypto Startup Enables Users to Earn Bitcoin (BTC) Rewards for Spending USD

April 10, 2020 by Aisshwarya Tiwari at Bitcoin

A new Visa-backed card offers users the prospect of earning rewards in the form of Bitcoin (BTC) instead of traditional reward points. The startup behind the app – Fold – has joined the Visa Fast Track Program to make such an arrangement possible, Fortune reports, April 9, 2020. Earn Bitcoin...

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