Citi: Bitcoin a Threat to Debit and Credit Card Issuers

2021-6-9 16:33

Citi suggests that digital currencies may challenge debit and credit card companies if adoption grows.

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Cryptocurrencies Are ‘A Much Cheaper Way of Doing Business,’ Says Former Overstock Chair

Jonathan Johnson, ex-chairman of Overstock’s board of directors, touched on the benefits of cryptocurrencies and noted the tremendous potential of blockchain-based technology. Despite the currently hemorrhaging market, he still sees a lot of advantages in utilizing cryptocurrencies over traditional credit card payments.

2018-6-14 23:00


Bank from US Wells Fargo Just Bans Crypto related purchase with Credit Card

San-Francisco-based bank Wells Fargo has declared that it will ban its customers from purchasing cryptocurrency using its credit cards, Fortune reported on June 11. The third largest bank by assets in the US, Wells Fargo said that its customers are now forbidden from purchasing digital currency on their credit cards issued by the financial institution. […]

2018-6-13 11:22