Mastercard and Binance end crypto card partnership in Latin America: Report
Visa also reportedly stopped issuing new co-branded cryptocurrency cards with Binance in Europe as of July.
Binance to halt crypto debit card in Latin America, Middle East
Binance didn’t reveal the exact reason behind the suspension but claimed it would only impact 1% of users in the affected regions.
Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said.
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FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday,…
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Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news…
Bit2Me and Mastercard launch debit card with crypto cashback
The new debit card builds on technology already in place in the existing Bit2Me crypto card, but this time, card holders are eligible for up to 9% crypto cashback.
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Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since.
Japan’s International Payments System will test plastic cards for CBDC
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
Mastercard taps Paxos to launch crypto trading for banks
Mastercard will deploy its technology to integrate crypto trading into banks’ interfaces, while Paxos is set to provide its trading and custody services.