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JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases

The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.Plaintiffs Brady Tucker, Ryan Hilton, and Stanton Smith accused Chase Bank

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A Visa Card That Offers Crypto Back & Cash Back — How One Fintech Has Reshaped Loyalty Programmes Forever

In 1981, American Airlines’ launched their Frequent Flier Programme which is often regarded as the first full-scale loyalty programme of the modern era. As technology evolved, loyalty programmes progressed into a data-grabbing tool for brands, masked under marketing as “beneficial perks” for the shopper.Despite this, over half of customers rated

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New Monaco-Based Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR).By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR),

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Winklevoss-Backed BlockFi to Launch Bitcoin (BTC) Rewards Credit Card in 2020

Cryptocurrency lending startup BlockFi is set to expand its suite of products in 2020, starting with a Bitcoin (BTC) rewards credit card, Cheddar reports, January 2, 2020. BlockFi to Expand Its Crypto Arsenal BlockFi, a U.S.-based digital currency lending firm backed by the Winklevoss brothers has stated that it will introduce a

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Japan’s Top Credit Card Issuer JCB to Apply DLT in Its $10T B2B Market

Japan’s top credit card issuer JCB plans to adopt a new business-to-business (B2B) payment solution based on blockchain technology.JCB has signed a Memorandum of Understanding (MoU) with blockchain-based commercial payments platform Paystand to develop a digital payment platform for enterprises and customers in Japan, CryptoX Japan reports Dec. 20.Initiative

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Bitfinex Now Enables Users to Purchase Crypto With Credit and Debit Card

Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards.The exchange made the announcement on Dec. 20, saying:“Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it's Bitcoin, USDt, Ethereum, or any other ERC20 tokens, pick your favorite and

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Binance’s Partner Allows Users to Buy Crypto with Credit Card in JPY and CAD

Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD).Following the addition, users at some of Simplex’s partner exchanges such as Binance will be able to buy crypto via credit cards using JPY and CAD, industry publication

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