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No credit for crypto — users react to Russia-issued credit card ban

Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users.On Saturday, Visa, Mastercard, and PayPal announced they would be suspending operations in Russia following the country’s military actions in Ukraine.

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BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments – Press release Bitcoin News

press release PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamless and easy-to-integrate crypto onboarding infrastructure technologies, in line with their objective of making decentralized applications accessible. Transak has partnered with some of the

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Corporate social credit gets stamped on blockchain in China’s southeast

Foshan city of China’s southeastern province Guangdong launched a blockchain-based corporate social credit system with an automated credit rating function, state-backed media reported on Thursday.  Fast facts See related article: Beijing budgets $37M for government affairs blockchain platform Foshan’s blockchain-based corporate social credit system rates enterprises into four credit levels using data from

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Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto

American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue a crypto-linked credit card.In a Tuesday interview with Yahoo! Finance, Amex CEO Stephen Squeri said credit card holders were “probably not gonna see an Amex crypto-linked

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Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s

El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche told Bloomberg this week that El Salvador’s Bitcoin gambit “certainly adds to the risk portfolio” of a country that has struggled with liquidity issues in

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