Kiklabb, the Dubai-based government-owned licensing firm, has said that it can now pay for visa fees and trade licenses via cryptocurrencies. It has been reported that the supported crypto payment options are Bitcoin (BTC), Ether (ETH), and Tether (USDT). Tasawar Ulhaq, the CEO of said that the decision was in line with the growing appeal of crypto payments in the fintech arena. He added: “It really was just a matter of time before we recognized Bitcoin, Ethereum, and Tether.

Al Kelly, the chairman and CEO of the financial services firm Visa, said that during the Visa Q1 earnings call on January 28 (Thursday), he has devoted a portion of his comments to reaffirm its commitment to crypto payments and on-ramps, as well as explaining “how Visa thinks about crypto in general and our approach.” It has been reported that the financial services firm with over $72 billion in assets as of 2019 has been aggressively pursuing crypto payments as of late, incl

KingSwap’s Visa debit card offers no annual fees or foreign transaction fees, with rewards of up to 3% back on all deposits DeFi project KingSwap (https://www.kingswap.io/) announced the launch of its Visa debit card, available globally. The card offers no annual fees or foreign transaction fees, with rewards of up to 3% back* on all deposits. Accepted anywhere that Visa is accepted, KingSwap’s debit card uses a tier one bank and its distributors for payment processing and ba

Simplex, the fiat-to-crypto on-ramp service provider, has partnered with Visa to allow its client firms to issue crypto debit cards. It has been reported that development is the result of a recent partnership between Simplex and Visa. However, Simplex is now a principal member of Visa in Europe. A Simplex spokesperson explained that the partnership is mainly a boost for the company’s business-to-business activities. The spokesperson added: “The principal membership is what en

The price of Bitcoin (BTC) hits $25,000 on December 25 by reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone. It has been reported that Visa, the financial services giant, is valued at $460.06 billion. As of December 26, Bitcoin is comfortably hovering above $462 billion. However, Bitcoin is essentially a peer-to-peer software protocol while Visa is a for-profit corporation. Some may argue that a direct comparison

Pornhub, an adult entertainment giant, has accepted cryptocurrency Verge (XVG) for its around 120 million daily visitors. Payment providers Visa and MasterCard are no longer servicing its payments. It has been reported that the companies say that the reason is questions that remain over Pornhub’s handling of illegal content. For MasterCard, the block is permanent, while Visa will continue to monitor its decision. Pornhub stated: “The allegations were irresponsible and flagran

Visa has partnered with BlockFi, a New York-based startup specializing in crypto-backed loans and savings accounts, to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency. It has been reported that the new credit card will reward purchases with Bitcoin rather than airline miles or other cashback rewards. Cardholders will be eligible to receive 1.5% of their purchases back in BTC. However, the card

The Chamber of Digital Commerce has announced the addition of Visa, Goldman Sachs, and Six Digital Exchange (SDX) to its executive committee. It has been reported that Mick Mulvaney, the former White House Chief of Staff and a co-founder of the Congressional Blockchain Caucus, will also be joining the chamber’s board of advisors. However, Mulvaney left the White House in March. On the board, he will be joining a number of figures familiar to Cointelegraph’s readers, including

Travala’s native token AVA will now be added to the Swipe wallet service and Visa card platform. Announced on July 24. Travala’s AVA token will now be spendable at 60 million merchants. #Travala Partners with @SwipeWallet to Enable $AVA Payments at 60 Million Merchants with Visa Card and will add $SXPhttps://t.co/jHRGvN9fZy — Travala.com 🏨 ✈️ 🏡 (@travalacom) July 24, 2020 Swipe’s integration with major players will make AVA supported by: Samsung Pay Google Pay Apple Pay Th

Cuy Sheffield, the head of credit card giant Visa’s crypto projects, has said that Central Bank Digital Currencies (CBDC) is the most important payment trend in the next decade. It has been reported that Sheffield tweeted in a post that “as governments evaluate CBDC, the path they decide to take will have major implications for privacy, monetary sovereignty, geopolitics, and financial inclusion, as well as the global adoption of crypto dollars and Bitcoin.” 2/ As governments

WhatsApp has announced instant in-app fiat payments for over 120 million users in Brazil. On June 15, it has been reported in a statement released by WhatsApp that users that have Visa and Mastercard debit or credit cards from Banco do Brasil, Nubank or Sicredi can now attach instant payments to their messages. However, there’s an unspecified monetary limit imposed due to Anti-Money Laundering (AML) and Combating the Financing of Terrorism concerns. Additionally, WhatsApp use

Eidoo, the Swiss DeFi startup, has introduced a new Visa crypto debit card that uses regulated stablecoins for crypto-to-fiat conversion in order to build a bridge between traditional finance and emergent assets like Bitcoin. On May 25, it has been reported that Eidoo Card has been approved for operation by Visa, as its new card will enable 40 million Visa merchants to accept crypto-derived fiat currencies, including the British pound (GBP) and euro (EUR). However, Thomas Ber

Visa has filed a patent application to create digital currency on a blockchain with the US Patent and Trademark Office. It has been reported that according to the application published on May 14, but filed way back in November 2018,  inventors Simon J. Hurry and Alexander Pierre with the Visa International Service Association in San Francisco have sought a patent for a digital currency recorded on a blockchain and controlled by a central entity computer. However, it stated Et

The leading cryptocurrency banking app, Swipe Wallet has announced a partnership with Samsung Pay. The announcement was made on May 1, 2020 stating that the new integration will allow Samsung Pay wallet users to make payments from their Swipe Visa card balances using Samsung Pay-enabled devices. The Swipe Card is a Visa debit card funded by cryptocurrencies such as Bitcoin for Euros to be spent anywhere Visa is accepted. Swipe wallet has Swipe Token (SXP) is a utility based c

Matrixport, the Bitmain-backed financial service platform, has partnered with Simplex, an EU-licensed payments processing firm, to allow users to purchase cryptocurrencies by using their credit and debit cards. It has been reported that Matrixport users from across the globe are now able to buy seven cryptocurrencies including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), DASH and Tether (USDT) via Visa or Mastercard by using Matrixport’s websi

Binance, the major cryptocurrency exchange, is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies. #Rakamoto #FridayThoughts #Blockchain #Crypto #Bitcoin #Digital #Money #Coins #Dollar #Bankshttps://t.co/0X36nxEG4I — Blockchain News (@Rakamoto) April 10, 2020 On April 10, it has been reported that the new service will extend card support for the Colombian peso, the South Korean won, the Keny

Binance, the major cryptocurrency exchange, has announced today that users in the 19 countries can now use Visa or Mastercard debit and credit cards to purchase a range of cryptocurrencies in seconds. Buy #Crypto With Mastercard Now Available in 19 Countrieshttps://t.co/wt46p3YRwj pic.twitter.com/yv81xpvrvQ — Binance (@binance) April 3, 2020 The list of 19 countries is mentioned below: Brazil Colombia Czech Republic France Germany Indonesia Italy Latvia Mexico Netherlands No

Binance, the major cryptocurrency exchange, introduced Binance Card, which can do everything just like a regular payment card does, as it works like a regular debit card issued by the users’ bank, which, in this case, is their Binance.com account. On March 26, it has been reported by Binance that users can simply top-up their card with funds through the Binance Card App in the form of Bitcoin or BNB. It’s as simple as transferring BNB from one wallet to another. However, user

Simplex, a popular fiat-to-crypto payments provider servicing major crypto exchanges like Binance, will now unlock direct crypto purchases for Celsius app users. According to a Feb. 18 announcement United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex. Joining forces with @CelsiusNetwork to make the opportunities of crypto lending more accessible:https://t.co/cchc4rICFZ@Cointelegraph pic.twi

Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors. On Jan. 27 according to a press release, London-based Currencycloud secured $80 million from:- SBI Group Visa International Finance Corporation BNP Paribas Siam Commercial Bank We are really excited to announce our new investment! Take a read of our full press release for all the details. https://t.co/PrQE0wyQhd#payments #fintech #paytech — Currencycloud (@