Visa, the global payments giant, is driving the adoption of cryptocurrencies by offering another method to exchange crypto for fiat currencies without the need to use a centralized exchange.
Visa has partnered with Transak, the Web3 infrastructure provider, to launch cryptocurrency withdrawals and…
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FIAT money
IMF says CBDCs can promote financial inclusion
The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an…
South Dakota will treat CBDCs as money
The Senate of South Dakota, a state located in the Midwestern United States, recently passed a law that establishes that digital currencies issued by central banks, known as CBDCs, will be considered as legal money in the state. However,…
BitPay and Verifone alliance will allow bitcoin payments in US merchants
BitPay and Verifone launched a new solution that will allow merchants in the United States to accept payments with bitcoin and other cryptocurrencies, thereby aiming to increase their customer base and promote crypto acceptance while being…
Chinese company JD.com will pay salaries in digital yuan
One of the largest e-commerce platforms in China, JD.com, has announced a new method of payment to its employees based on digital yuan, with the aim of contributing to the strengthening of the digital currency in the country.
The commerce…
Revolut adds more cryptocurrencies to its portfolio
UK financial services provider Revolut announced the addition of 11 new cryptocurrencies to its trading list.
Through an official statement, the company detailed that its clients will now be able to trade with assets such as cardano,…
US banking regulators approve the use of blockchain to issue payments
One of the independent agencies of the United States Department of the Treasury, called the Office of the Comptroller of the Currency, has ruled through a statement about the use of stablecoins as a mechanism to issue payments in…
Mastercard: Use of Cash Reduced Significantly Due to Pandemic
According to this analysis, in Mexico, six out of 10 citizens reduced the use of bills or coins by at least 11%.
Chile was the country where the use of cash decreased the most with 17%, followed by Peru and Puerto Rico, which had a…
Cryptocurrency adoption continues to grow in Venezuela
Through a recently issued statement, the Venezuelan subsidy allocation system, Patria, announced the gradual incorporation of the Bitcoin and Litecoin wallets to the platform. They will interact with the Venezuelan cryptocurrency, the…
Five Russian commercial banks will test digital ruble in 2021
In a recent report, the Central Bank of Russia reported new initiatives aimed at improving technological innovation in payments in the retail sectors and other areas, favoring the development of the digital economy, reducing the dependence…
Coinbase implements new cash withdrawal feature
The popular exchange Coinbase has launched an update to its platform to withdraw crypto to fiat, through a new system where users will be able to make transactions quickly and safely.
Despite the fact that some users manipulate…
Israeli entities propose to treat digital assets as money
At least four members of Israel's legislature issued a recommendation regarding considering cryptocurrencies as fiat money in tax terms.
As highlighted by various local media outlets, Knesset members MK Oded Forer, Yevgeny Soba, Yulia…