Opportunity for Litecoin (LTC), Kroger Bans Visa Citing High Fees

Litecoin (LTC) trading above $35, bullish Can Kroger accept cheap LTC after banning Visa credit cards due to high fees Participation levels low days after prices rocketed from $20. If by any chance Kroger accepts Litecoin after banning credit card fees due to high fees, Litecoin (LTC) will surge. The coin is up to fifth…

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Major US Retailer Ditches Visa – Now Considering Bitcoin's Lightning Network

US retail giant, Kroger, is no longer accepting Visa credit cards at its chain of Smith’s food and drug stores. So Anthony Pompliano tweeted an offer to hook them up with Bitcoin’s Lightning Network nationwide. Fees-a Not Accepted Here It all started on Friday when Kroger announced the move to no longer accept Visa credit…

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The case for crypto gets stronger as Visa, MC prepare to raise fees

If the credit card giants want to stifle crypto growth, they are definitely going about it entirely the wrong way. According to a report by Wall Street Journal, Visa and MasterCard will soon introduce higher fees, which is only going to boost the case for crypto transactions, which cost mere pennies, regardless of the size…

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Crypto Visa Card Supports Ripple’s XRP, Tron (TRX) And More – Use Crypto In Over 40 Million Locations Worldwide With Spend App

The steps towards crypto mass adoption are getting quicker. The mobile crypto app Spend just added support for Ripple’s digital asset XRP. This will offer users the ability to store the crypto and spend it using the platform’s Visa debit card. Spend adds support for XRP, TRX and more Spend now supports 180 countries and…

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Visa Teams Up SiriusXM to Revolutionize Driving Experience with the New In-Car Payments Solution

Photo: VisaCommunication / YouTube Visa, an American multinational financial services corporation that facilitates electronic funds transfers throughout the world, has partnered with SiriusXM Connected Vehicles Services Inc., a subsidiary of Sirius XM Holdings Inc. with the aim to create a new in-vehicle payment solution. Visa and @SIRIUSXM are joining forces to enhance the driving experience with the SiriusXM…

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ProBit exchange order matching faster than Visa

ProBit, a cryptocurrency exchange, is set to be one of its kind as the platform’s trading services are backed by superior technology and noted for having an exceptional matching engine. The engine has the capacity to manage more than 1.5 million transactions per second, making it one of the fastest engine in the world. Additionally,…

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FX Traders Flee Offshore, Tether Still Unstable: Best of the Week

UK derivatives broker to open office in Chicago IG Group, a British financial derivatives broker, has received regulatory approval from the National Futures Association, the self-regulatory organisation of the US derivatives market. It made its application in October 2017. Join the Leading Industry Event! The firm intends to open an office in Chicago in the…

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Visa CEO: Blockchain and Cryptocurrency Not "Much Use" to Company

The CEO of Visa Inc. has stated that he does not think that blockchain technology or cryptocurrency is useful to the international credit card company. In an address at Boston College yesterday, Alfred F. Kelly Jr. also stated that he felt the firm was a great example of a fintech success story. Blockchain is Too…

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Major Thai Bank to Test Visa Blockchain Solution for Cross-Border Payments

Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September 20. According to The Nation, Kasikornbank is the “first” bank in the country to use the technology, setting the stage for a more widespread use of blockchain in the country’s banking…

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Former Visa CEO’s Startup Runs the Fastest Crypto Transactions in the World

Blockchain-based fintech startup Crypterium challenges classic banks by introducing a new feature that allows its users to transfer any amount of cryptocurrency using not the complicated wallet addresses, but simply the recipient phone number. Those transfers happen simultaneously, and the company claims it can process up to a million transactions per second, solving blockchain’s scalability…

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The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

Covered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card…

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Paul Krugman Doubles Down on Crypto Skepticism

Esteemed economist Paul Krugman has doubled down on his crypto skepticism in an op-ed published in The New York Times. Ahead of his scheduled appearance at the ChainXchange conference, Krugman argues that cryptocurrencies fly in the face of 300 years of the evolution of money. Also read: Toward Actual Adoption: Bringing Crypto to the ’80 Percent’ Subscribe…

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New Crypto Visa Card Encourages $2m Worth Of XRP Deposits In 12 Hours

A cryptocurrency led Visa Debit Card has very recently made way for the addition of XRP as a currency that can be deposited on the card. The card, created by Wirex is available to those who live within the European Economic Area and thus is available to a very large populus. Since XRP deposits went…

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Any Truth To EOS Investor Claim That The Blockchain Now Handles 5,000 Transactions Per Second?

Michael Novogratz recently stated EOS can process 5,000 transactions per second and will soon handle far more. But it’s hard to find data to support the claim. Michael Novogratz recently made headlines with a bold assertion during an interview with TheStreet that the EOS blockchain is, “already doing 5,000 transactions a second. It should be…

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Cryptocurrency Wallet Abra Adds Credit Card Payment Options For Bitcoin Purchases

Mobile cryptocurrency wallet Abra has teamed with Israel-based bitcoin startup Simplex to allow bitcoin purchases via Visa and Mastercard through its platform. Abra offers a crypto to crypto exchange and digital wallet in one place. It empowers consumers to buy, store, invest and hold cryptocurrencies and fiat currencies on a single app. It also enables…

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Is There a Future for Cryptocurrency-Oriented Visa Debit Cards?

According to MinexCoin, its new cryptocurrency-oriented Visa cards will come to market fairly soon. That’s rather interesting, considering it remains unclear how the project succeeded in obtaining permission for such a product. Even so, there are some caveats which users will need to take into account. Unlike other offerings, these cards will not use Bitcoin,…

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BitPay, Coinbase or Others: Can Anybody Replace Visa?

The issue of transition to decentralised payment networks was raised again last week. On June 1, Visa, which usually processes more than 150 mln transactions daily, suddenly failed. Millions of people in the UK and Europe were unable to pay for goods or services, and Visa payments were also disrupted for US residents. Several hours…

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Bitcoin & Cryptocurrency News – Ethereum Religion, Visa Troubles, and blockchain in Africa

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Spending Bitcoin in Europe Is Getting Easier Thanks to Wirex and Paytomat

European cryptocurrency holders have reason to be cheerful. Slowly but surely it’s becoming easier to spend BTC, BCH, and a range of other cryptos throughout the continent, with payment services like Wirex and Paytomat leading the charge. It’s now possible to spend bitcoin in hundreds of restaurants and stores throughout Eastern Europe, as well as…

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Cryptocurrency Bank Crypterium Nabs Former Head of VISA UK

Crypterium, a cryptocurrency bank, has hired the former UK head of Visa to be its new CEO. The Estonia-based company, slogan “The JP Morgan of Cryptobanks”, was launched with an initial coin offering in October 2017 through which it raised $52 million. Its token is called CRPT, and it has a current market capitalisation of…

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