Watchdog: VisaMastercard duopoly spends millions blocking competition

According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts. 

View Details

Solana TVL declines, but will SOL price react negatively? 

SOL recently rallied to $152 but will a decline in Solanas network TVL negatively impact the altcoins price? 

View Details

41 firms join BIS Project Agora to advance unified ledger applications

The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.

View Details

Ethena Labs launches Solana version of USDe stablecoin

USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift.

View Details

Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil

The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazils volatile economy.

View Details

MetaMask launches pilot self-custody debit card with Mastercard

More than 1 billion individuals remain unbanked or lack adequate access to banking services, according to 2022 data from the World Bank.

View Details

MetaMask debuts Mastercard debit card for instant purchases from wallet

The MetaMask Card could revolutionize financial accessibility and bridge the gap between traditional and blockchain payment systems.

The post MetaMask debuts Mastercard debit card for instant purchases from wallet appeared first on Crypto Briefing.

View Details

Revolut and Ledger wallet enable new crypto rails in EEA

Ledger, a major hardware wallet company, has partnered with Revolut to enable crypto trading on its self-custodial wallets in certain EEA countries.

View Details

Farcaster Frames Integrates Polygon (MATIC) PoS Transactions, Launches $500k Grants Program

Farcaster Frames now supports Polygon (MATIC) PoS transactions and has launched a $500k MATIC grants program to encourage builder innovation. (Read More)

View Details

Arcade Enhances Interactive Demos with ElevenLabs AI Voice Technology

Arcade integrates ElevenLabs to offer AI-driven voiceovers, doubling usage and enriching customer experiences with multilingual support. (Read More)

View Details

Nuvei Partners with Mastercard: Crypto-to-Fiat Transfers and Global Use

Nuvei Corporation, a Canadian fintech company, announced apartnership with Mastercard today. This partnership will launch a newoff-ramping solution in Europe. The solution allows consumers to convert theirdigital assets, including cryptocurrencies, into traditional fiat currency.They can do this using debit, credit, and prepaid cards.

Digital Finance Bridge

This new function bridges digital and traditional finance.Consumers can spend their converted funds through Mastercard's global network.The off-ramping solution is part of Nuvei's modular payment platform. It aimsto offer a simple and secure user experience.

Consumers can convert a wide range of supported digitalassets into fiat currency. They can then transfer the funds to their eligibleMastercard in near real-time. This process uses Mastercard Move's moneymovement capabilities. The integrated solution removes the need for third-partyexchanges or money service businesses.

We're excited to collaborate with Mastercard toaccommodate access liquidity and payments for Digital Asset holders, commented Philip Fayer, Chair and CEO of Nuvei.

Our mission is to enablebusinesses and their customers to connect through payments, wherever consumersare and however they want to pay. Offering crypto off-ramps through our singleintegration aligns perfectly with this mission to facilitate frictionlesstransactions across the digital economy.

Nuvei introduces off-ramping of Digital Assets to cards via Mastercard Move in Europe https://t.co/VXicQFHfWN #2024Trends #blockchain #banking #futuretechnology #financetechnology

Blockchain Payment Integration

Nuvei's off-ramp solution with Mastercard is part of itsstrategy. It aims to connect traditional payments, open banking, and blockchaintechnology into one seamless experience.

Enabling choice how consumers can engage in DigitalAssets in a safe, simple and secure manner in line with all relevant regulation is at the heart of our strategy in this space, added Christian Rau,Senior Vice President, Fintech and Crypto Enablement, Mastercard Europe.

Combining our global network of partners and digital solutions withNuvei's advanced integration opens new opportunities and choice for businessesengaging in digital assets and consumers alike.

View Details

Binance Reintroduces Purchases and Deposits Using Mastercard

Binance has reportedly reintroduced Mastercardpayments for crypto purchases. This step arrived after Mastercard paused thisservice in August 2023 due to legal challenges facing Binance in the US. Both theUS Securities and Exchange Commission and the Commodity Futures TradingCommission had filed multiple charges against the exchange, leading to atemporary cessation of these services.

Enhanced Security Measures

Binance's spokesperson told Coindesk that thisdecision was reached after a review of the controls and processes that Binance has implemented. Mastercard now allows Binance-related purchases onits network and plans to support other services, such as withdrawals, later.

Mastercard reportedly confirmed this development butemphasized the importance of continuous monitoring. The payment giant mentionedthat it has reviewed the controls and processes that Binance has put intoplace. Based on those efforts, the company decided to enable support of Binancepurchases and deposits on its network.

Last year, Binance and MasterCard ended their partnership on crypto card programs in several countries. This move highlightedan increasing divide between major financial institutions and the cryptoindustry, Finance Magnates reported. The suspension affected countries such asArgentina, Brazil, Colombia, and Bahrain, ending access to crypto card servicesthat allow transactions in traditional currencies using their crypto assets onBinance.

Suspension of Co-branded Cards

Mastercards decision followed Visas earlier step ofhalting the issue of co-branded cards with Binance in Europe. This trendsignaled a broader reluctance among traditional financial entities to engagewith cryptocurrency firms. In a report by Reuters, Binance's spokespersonconfirmed the cessation of the four crypto card programs in the mentionedcountries.

Similarly, Binance halted crypto-backed debit cardservices in Latin America and the Middle East on September 21, 2023. Thisdecision impacted users in regions where Binance Card was previouslyoperational. Binance proposed Binance Pay as an alternative to continuesupporting crypto transactions via mobile devices.

In addition to financial service changes, Binance hasencountered significant regulatory issues. The exchange facedallegations from the Wall Street Journal regarding its use of sanctioned banksin Russia for peer-to-peer crypto transfers. This controversy furtherstrained Binance's relations with financial regulators and traditional bankingsystems.

View Details

Binance reinstates crypto buys via Mastercard

Binance has resumed allowing its users to purchase crypto using Mastercard. Does this signal the end of Binances regulatory troubles?

View Details

AI-Enhanced Navigation System Promises Safer Seas for Massive Ships

Orca AI's SeaPod navigation system leverages AI to enhance maritime safety, reducing collisions and fuel consumption for massive vessels. (Read More)

View Details

Binance Resumes Mastercard Payments for Shiba Inu and XRP 

Binance users can now purchase multiple crypto assets, including Shiba Inu (SHIB) and XRP (XRP), using their Mastercard once again. …

The post Binance Resumes Mastercard Payments for Shiba Inu and XRP  first appeared on The Crypto Basic.

View Details

Mastercard Crypto Credential Goes Live: Focus on Broader Crypto Adoption with Simplified Transfers

The Mastercard Crypto Credential service is expected to boost the domestic and international remittance market.

View Details

Troller Cat Presale Live: Best Meme Coin to Buy Today as SHIB Gains and AIC Slips

What is the best meme coin to buy today? Troller Cat surges with 7,000% ROI potential as SHIB climbs 8.39% and AIC falls 3.85%. Just hours left before the $TCAT price hike.

The post Troller Cat Presale Live: Best Meme Coin to Buy Today as SHIB Gains and AIC Slips appeared first on Kanalcoin.

View Details

Pepe Price Prediction: Can It Hold $0.0000092? Troller Cat Pounces with 7k% ROIFew Hours Left Before a 20% Price Hike

The meme coin arena is heating up again, and the numbers are clawing into headlines. Pepe ($PEPE), one of the wildest success stories in crypto history, surged 13.13% in the past 24 hours and now trades at $0.000009228. With a $3.88 billion market cap and a massive 47.48% gain over the last month, PEPE is bouncing back after a rollercoaster year. Yet, as frogs leap, cats pounceand Troller Cat ($TCAT) pounces straight into the spotlight.

The post Pepe Price Prediction: Can It Hold $0.0000092? Troller Cat Pounces with 7k% ROIFew Hours Left Before a 20% Price Hike appeared first on Kanalcoin.

View Details

Mastercard Teams Up with Major Banks for Tokenized Settlement Pilot

View Details

JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger

Major banks collaborate on a shared ledger PoC to streamline tokenized asset settlements, aiming for a 24/7 interoperable network.

The post JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger appeared first on Crypto Briefing.

View Details