MasterCard upgrades its Crypto Cards payment program
The world’s largest card payment company Mastercard said that it is expanding its crypto exchange and wallet services, this comes weeks after Visa announced its desire to become the worlds largest crypto card payment. Mastercard, the world’s largest payment processor, today announced the expansion of its crypto card program, just weeks after Visa unveiled its […]
U.S. Treasury Secretary urges regulators to “act quickly” to deal with stablecoins
A meeting with the President’s Working Group on Financial Markets was held in which U.S. Treasury Secretary Janet Yellen discussed the use of stablecoins. The US Treasury Secretary met with members of the President’s Working Group on Financial Markets and representatives from numerous US financial institutions to address the risks posed by the expanding stablecoin […]
UBS CEO, Ralph Hamers says crypto is still an ‘untested asset category’
CEO of Swiss global investment bank UBS, Ralph Hamers has spoken out in favour of Bitcoin, referring to it as an “asset.” With UBS’ recent off-the-charts success, a pro-crypto message from the CEO comes at a key time when the global crypto market is clearly declining. “We feel that crypto itself is still an untested […]
Bank of Korea selects GroundX for their digital currency project
The Bank of Korea has selected Kakao’s blockchain arm to conduct digital won trials. Additionally, ConsenSys, a major Ethereum software startup , will contribute its technology to CBDC simulations in South Korea, which will be conducted by Ground X. In order to support its digital currency experiments, the South Korean central bank has selected a […]
Osprey Funds CEO believes the US will approve Bitcoin ETF in 2022
The CEO of Bitcoin trust issuer Osprey Funds, Greg King, believes the SEC is too busy this year to deal with crypto ETF certifications. When it comes to Bitcoin (BTC) exchange-traded funds (ETFs), the CEO of Osprey Funds, the issuer of over-the-counter Bitcoin trust OBTC, is not holding his breath that the United States would […]