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Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements

Fintech News

In partnership with OKX, Mastercard is launching the OKX Card to give users more convenient access to digital funds and engage more people in blockchain applications. Exchanges and platforms such as Wirex, Bit2Me, Lirium, Notabene, Coins.ph, and Mercado Bitcoin have adopted the system.

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BoA Looks To Create Multi-Currency Digital Wallet

PYMNTS

The North Carolina-based bank filed a “Multi-Tiered Digital Wallet Security” application in February 2018 with the United States Patent and Trademark Office (USPTO), Coindesk reported. It also notes that the proposal conceptually resembles specific multi-signature bitcoin wallet types that have been in existence for a long time.

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80+ Companies Shaping The Blockchain Landscape

CB Insights

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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Greater Flexibility: BVNK Wallet Offers Stablecoin, Crypto and Fiat Payments All in One Place

The Fintech Times

The launch of the new BVNK wallet will create a solution to this friction by providing users with direct access to blockchains and local and international payment schemes, all within a single solution. BVNK will hold on to or exchange balances and deal with third-party payments through its multi-rail access, all in a single product.

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Bitcoin Daily: Crypto-Related Crime Fell To $10 Billion In 2020; Singapore Exchange, Temasek Team On Digital Asset Market Infrastructure

PYMNTS

LVL, an upstart bitcoin exchange, has rolled out its own Mastercard debit card which it's taking pre-orders for, a report from CoinDesk says. The card will be linked to bitcoin and fiat accounts, and will be one of Mastercard's premium accounts, able to be used anywhere globally, CEO Chris Slaughter said, according to the report.

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Bitcoin Daily: ZenGo To Create Crypto Payment Card; HSBC Powers Bangladesh’s First X-Border Blockchain Transaction; Hong Kong Might Increase Crypto Oversight

PYMNTS

Bitcoin and digital currency wallet company ZenGo is becoming a part of the Visa Fast Track program and will create a new digital currency payment card, according to an announcement. ZenGo said the card will be the first card connected to a “self-hosted, on-chain, multi-currency wallet" in which the user manages the funds.

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Bitcoin Daily: Monerium Partners With Algorand To Enable Blockchain Transactions; Square To Build Lightning Development Kit To Enhance Bitcoin Wallets

PYMNTS

Monerium, a startup based in Iceland that has a European Economic Area (EEA) e-money license, has teamed up with Algorand, a blockchain with a highly scalable consensus algorithm, according to a report Tuesday (Jan. Monerium stores fiat currency deposits for clients and releases them in a digital form on a blockchain.

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