Visa plans to launch its own crypto wallet
    29 Oct 2022

    Transnational payment giant Visa has filed several crypto-related trademark applications, including crypto auditing software, NFTs, the metaverse, and its own cryptocurrency wallet. The financial corporation seemingly intends to dive deeper into the crypto world, even though CEO Al Kelly recently questioned its utility. According to trademark attorney Mike Kondoudis, the applications indicate that Visa intends…

    FTX is working on its own stablecoin, while Huobi delists HUSD
    29 Oct 2022

    FTX plans to issue its own stablecoin at some point, CEO Sam Bankman-Fried said without providing further details. He also hinted at a potential acquisition of the crypto exchange Coinbase. Meanwhile, crypto exchange Huobi said it would delist the stablecoin HUSD. Crypto exchange FTX is reportedly working on creating a stablecoin. In an interview with…

    Binance helped Elon Musk buy Twitter and is creating a team to beat Twitter bots
    29 Oct 2022

    Crypto exchange Binance has confirmed its role as an equity investor in Elon Musk’s acquisition of Twitter. The exchange also told Decrypt it is creating an internal team to help Twitter fight bot accounts using blockchain and crypto technology. The world’s largest crypto exchange revealed it has invested $500 million as one of the equity…

    Swiss bank SEBA launches institutional custody service for Ethereum NFTs
    27 Oct 2022

    SEBA bank, a Switzerland-based crypto-friendly bank, has announced an NFT custody solution that gives institutional investors the ability to hold NFT collections without managing private keys themselves. SEBA says it’s the first regulated bank to offer NFT custody. The bank will enable clients to store any Ethereum-based NFTs, which includes popular blue-chip collections like Bored…

    Nigeria is struggling to push CBDC to its citizens
    27 Oct 2022

    Nigerian digital currency, eNaira, seems not as popular as it was touted to be. As Bloomberg reported, less than 0.5% of Nigerians have used the eNaira, the central bank digital currency (CBDC) launched last year by the Central Bank of Nigeria (CBN). According to a Bloomberg report, the population faced a lack of clarity from…

    BitOasis partners with Mastercard to roll out crypto-linked cards in the MENA region
    27 Oct 2022

    Сrypto platform BitOasis and Mastercard have partnered to launch a series of crypto card programs in the MENA region to enable the use of cryptocurrencies at points of sale and across e-commerce platforms. It will allow BitOasis customers to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90…