Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay

October 18, 2024 Bitcoin.com

bank

Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]

New York anti-crypto stance softens as regulatory tide turns

$34,000,000,000 Owed To Customers at American Express, JPMorgan Chase and Capital One As Reward Hoarders Get Squeezed: Report

October 11, 2024 The Daily Hodl

American Express

Customers at American Express, JPMorgan Chase and Capital One have racked up billions of dollars in unspent credit card points – but the value of those rewards is decaying. The financial giants’ customers are sitting on a staggering $34 billion worth of unused rewards as of 2023, reports the Wall Street Journal, citing annual reports. […]

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New York anti-crypto stance softens as regulatory tide turns

$7,000,000,000 in Fees Drained From Customers and Businesses Every Year in Visa’s Alleged Monetary Monopoly: US Department of Justice

September 29, 2024 The Daily Hodl

credit card

The U.S. Department of Justice (DOJ) is suing payments giant Visa for allegedly maintaining an illegal market monopoly to keep smaller competitors in check. In a press release, the DOJ says it’s filing a civil antitrust lawsuit against Visa, accusing the payments firm of illegally maintaining dominance over the debit network markets. Antitrust laws were […]

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New York anti-crypto stance softens as regulatory tide turns

JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

September 21, 2024 The Daily Hodl

Bank of America

US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its new Quarterly Banking Profile report, the FDIC says US banks reported $21.3 billion in net charge-offs in the second quarter of the year, due […]

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New York anti-crypto stance softens as regulatory tide turns

JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

September 21, 2024 The Daily Hodl

Bank of America

The post JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge appeared first on The Daily Hodl.

New York anti-crypto stance softens as regulatory tide turns

JPMorgan Chase Allows 35 Strangers To Access Customer’s Credit Card in Financial ‘Fiasco’: Report

September 20, 2024 The Daily Hodl

bank

A JPMorgan Chase customer is looking for answers after the bank abruptly allowed 35 unauthorized users to access her credit card. Northern California-based Jodi Hayes says she discovered a long list of unknown names were granted access to her card while she was on vacation, reports ABC 7 News. While on a cruise, Hayes says […]

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New York anti-crypto stance softens as regulatory tide turns

Argentine Exchange Ripio Announces Defi Credit Card

September 16, 2024 Bitcoin.com

bitcoin.com

Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned automatically but will instead borrow up to 30% of the capital […]

New York anti-crypto stance softens as regulatory tide turns

1inch Announces Partnership With Mastercard for New Crypto-Fiat Debit Card

April 9, 2024 The Daily Hodl

1inch

Prominent decentralized exchange (DEX) aggregator 1inch is announcing a major partnership with payments giant Mastercard to create a debit card that will allow consumers to make purchases with either crypto or fiat funds. 1inch (1INCH) is announcing the launch of a partnership with Mastercard and Crypto Life to create a web3 debit card. According to […]

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New York anti-crypto stance softens as regulatory tide turns

Former Deutsche Bank Executive Faces 30 Years in Prison for Crypto Fraud: DOJ

September 20, 2023 The Daily Hodl

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A former executive of German financial giant Deutsche Bank has been handed a 30-year prison sentence for his role in a crypto fraud scheme. In a new press release, the U.S. Department of Justice (DOJ) says that ex-investment banker and registered broker Rashawn Russell has pleaded guilty to charges of perpetrating a crypto fraud scheme […]

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New York anti-crypto stance softens as regulatory tide turns

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

March 4, 2023 Bitcoin.com

Advcash wallet

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, […]

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