Cryptocurrency Analysis and News Portal
Traditional card networks are vying to ensure their services remain at the center of new developments in digital assets, whether they be central bank digital currencies (CBDCs) or private sector stablecoins.In an earnings call on Thursday, Mastercard CEO Michael Miebach discussed recent developments in crypto and CBDCs, making the pitch that
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Mastercard would provide the adequate assets and resources needed to help fintech innovators develop.Mastercard Start Path has added six new fintech innovators to its accelerator program. While revealing the announcement on the 3rd of May, financial services company Mastercard Inc (NASDAQ: MA) said that the six fintech startups include Moeda Seeds,
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Gemini has partnered with Mastercard to launch a crypto-centric credit cardPotential users can register their interest through a waitlist on GeminiThe credit card should be available this summer, offering up to 3% back on purchasesUsers can opt to be rewarded in Bitcoin or any crypto on GeminiThe crypto exchange of
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New York cryptocurrency exchange Gemini announced on Tuesday the pending release of the Gemini Credit Card, which will allow cryptocurrency holders to spend crypto and receive cashback rewards in the form of Bitcoin (BTC) or any other cryptocurrency available on the Gemini platform.The credit card will be released in conjunction
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The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted. Source
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In the wake of Tesla’s big announcement on Monday, a wave of corporate engagement with crypto emerges.This episode is sponsored by Nexo.io.On today’s episode of The Breakdown, NLW looks at a slew of news from corporates getting into the bitcoin and crypto space, including:Image credit: Gabby Jones/Bloomberg via Getty Images,
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Three trends1. Crypto infrastructure is being laid down across the banking, tech and financial sectors.BNY Mellon, the world’s biggest custodian bank, will allow customers to custody crypto by the end of the year. It’s working with unnamed outside partners to build out the offering, according to CryptoX’s Ian Allison.Mastercard plans
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Bitcoin edged higher on Thursday after traders realized MasterCard’s plans to integrate cryptocurrencies into its traditional payment services later this year. The credit card giant’s revelation came days after Tesla, a Fortune 500 carmaker, showed a $1.5 billion worth of Bitcoin in its balance sheets this Monday, further asserting that it
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Mastercard is planning to give merchants the option to receive payments in cryptocurrency later this year.According to a source familiar with the matter, the functionality will see Mastercard customers’ digital currency payments settled in crypto at participating merchants, a first for the financial giant. The company has not yet disclosed
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