Once against all-things crypto, Visa has rapidly changed its position Visa is taking another step into digital finance with a new stablecoin payout pilot in the United States. The program allows businesses with fiat-funded accounts to send payments directly in USDC, a stablecoin pegged to the US dollar, to crypto wallets through Visa Direct. The
The Square POS system now allows merchants to opt in and process payments in Bitcoin Square has officially rolled out its Bitcoin payment feature, giving more than four million sellers worldwide the ability to accept cryptocurrency at checkout. The launch allows merchants using Square’s point-of-sale system to opt in and process payments in Bitcoin, marking
Acting Chair Caroline Pham has acknowledged that leveraged trading is coming The US Commodity Futures Trading Commission (CFTC) is preparing to allow leveraged cryptocurrency trading within the country for the first time. Acting Chair Caroline Pham confirmed that she has been in discussions with regulated US crypto exchanges to launch leveraged spot trading products as
A judge has ruled that the government agency didn’t illegal destroy a criminal’s crypto A US appeals court has ruled that the FBI acted within its rights when it wiped a hard drive that allegedly contained over 3,400 Bitcoin, now worth about $345 million. The decision ends a long legal battle brought by Michael Prime,
The recent explosion in prediction markets is attracting attention from everywhere Gemini Space Station Inc., the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is preparing to enter the growing world of prediction markets. According to Bloomberg, the company has filed with the Commodity Futures Trading Commission (CFTC) to operate a derivatives exchange that would
Two employees at two firms have been indicted for their roles in the attacks Federal prosecutors have charged two former cybersecurity professionals accused of orchestrating ransomware attacks against several US companies while employed at firms that specialized in defending against such crimes. The indictment alleges the pair used their insider knowledge of ransom negotiations to
A reverse merger with an established FinTech company will allow Animoca to make the move Animoca Brands, one of the largest venture capital firms in the crypto sector, is preparing to go public on Nasdaq through a reverse merger with fintech and AI company Currenc Group. The two companies announced that they have signed a
The company’s position as the only publicly traded crypto exchange gives it an edge Coinbase continues to dominate the US cryptocurrency exchange landscape, solidifying its position as the country’s most trusted and widely used platform. The company’s status as the only publicly traded crypto exchange gives it a distinct advantage, allowing investors and regulators greater
The move would be one of the largest Mastercard has made into the cryptocurrency space Mastercard is reportedly in advanced negotiations to acquire crypto infrastructure startup ZeroHash in a deal valued between $1.5 billion and $2 billion, according to multiple sources familiar with the talks. The potential acquisition would mark one of the payment giant’s
The financial services company has continued to expand deeper into crypto this year Visa is expanding its footprint in digital payments by adding support for four new stablecoins across four separate blockchains. The announcement came during the company’s fourth-quarter earnings call, where CEO Ryan McInerney highlighted growing demand for stablecoin transactions among consumers and businesses.
Rep. Ro Khanna of California sees a conflict of interest that she wants to avoid A US lawmaker has aimed at barring President Donald Trump, his family, and members of Congress from trading cryptocurrency or stocks. Rep. Ro Khanna of California made the announcement during an interview on MSNBC, expressing concern over what he described
The trustee handling the Bitcoin exchange’s payouts delays them by a full year Mt. Gox, the Bitcoin exchange that collapsed over a decade ago, has once again delayed its long-awaited repayments to creditors, extending the deadline by another year. According to a notice released Monday, the new repayment date is now set for October 31,
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