Mastercard extends cryptocurrency interest

Mastercard is expanding its interst in virtual currencies, approving Wirex as the first native cryptocurrency platform to be granted principal membership, allowing it to directly issue payment cards. Mastercard principal membership enables Wirex to issue payment cards directly to consumers, making it easier for people to buy, hold and exchange Read more…

Facebook’s vision for a new cryptocurrency gets watered down as it attempts to woo regulators

Facebook’s cryptocurrency project is taking a new, scaled-down approach as transactions increasingly take place online during the coronavirus pandemic. The Libra Association, an independent group organized by Facebook to manage the libra crytocurrency, said it now plans to offer stable coins backed by just one nation’s currency in addition to its coins Read more…

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