Bitcoin Lightning Network vs Visa and Mastercard: How do they stack up?

    Bitcoin’s Lightning Network has been growing at a slow pace. What’s keeping it behind, given its high transaction throughput? – writes Francisco Rodrigues on Cointelegraph. Bitcoin (BTC) changed the world as a decentralized, nongovernmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders.  But despite this functionality, Bitcoin’s role as a…

    Fintech startup Strike launches new Visa Card to allow payments in Bitcoin

    Strike, the leading blockchain-based startup, entered into a collaboration with financial giant Visa Inc. to offer crypto rewards through its new crypto card. The startup also said that access to the card could be granted by joining a waitlist. Digital currency-based payment protocol Strike, built on the Lightning Network, has announced the launch of a…

    Visa crypto cards payments hit $2.5 billion in the fiscal Q1 2022

    Visa revealed that cryptocurrency-linked card usage hit $2.5 billion in its first fiscal quarter of 2022. The payments company has shown a significant effort to support widespread digital currency adoption. In a recent earnings call, the company announced that its crypto-linked card usage hit $2.5 billion in its most recent quarter. That figure is 70%…

    Visa survey: 25% of small businesses plan to accept crypto payments in 2022

    According to a survey of the payment giant Visa, almost 25% of small business owners across 9 countries, including Brazil, Singapore, UAE, and Hong Kong, said they intend to embrace digital currencies as a form of payment in 2022. Also, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in…

    Visa launches crypto advisory service for its clients as demand grows

    Payments giant Visa is launching new crypto consulting and advisory services aiming to help its clients navigate the world of crypto assets. Visa’s Global Crypto Advisory Practice will sit in its Visa Consulting & Analytics division, Visa said in a press release Wednesday. The payment company said that its advisory group will be for financial…

    Visa outlines plans to bring crypto services to Brazil

    Visa, the multinational payment giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also revealed that it is working with several crypto companies in the country to bring cryptocurrency payment cards to the market, hinting at a possible direct integration of Bitcoin in payments. In a…