Australian crypto wallet Stables has announced a partnership with payment processor and USDC issuer Circle. The fiat-only and stablecoin-only Stables Wallet will introduce Mastercard digital debit card support, which will allow users to pay in USDC at all merchants that accept cards from one of the world’s leading payment processors. The American platform Marqeta will...
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Internal Documents Reveal Australia’s Potential Timeline for Crypto Legislation: Report
Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry, internal documents from the government have revealed. The documents, obtained by The Australian Financial Review under freedom of information laws, reportedly reveal that the...
Visa Denies Suspension of Its Cryptocurrency Projects
Visa has denied media reports that it is allegedly putting its cryptocurrency projects on hold following the collapse of several major crypto companies. Mastercard also said it will continue to explore use cases for blockchain technology. On February 28, Reuters published an article stating, citing unnamed sources, that Visa and Mastercard have “hit the brakes”...
Coinbase Launched a Public Campaign in Support of Cryptocurrencies
The American bitcoin exchange Coinbase launched the Crypto435 initiative aimed at promoting understanding and support of cryptocurrencies among politicians and regulators. As part of the initiative, Coinbase will provide all interested Americans with information on how to contact the politicians representing them, talk about their views on digital assets, and provide the necessary materials and...
Mastercard to Allow Crypto Payments in WEB3 via Usdc Settlements
A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical and the metaverse worlds. Once the transaction is successful from the user’s end, USD Coin tokens — a United States dollar-backed stablecoin issued by Circle — will get converted to fiat and be used...
The Bank of Japan to Launch Its Cbdc Pilot before May
Japan, a nation where foreign stablecoins like Tether are prohibited, plans to begin its central bank digital currency (CBDC) pilot in April 2023. It aims to include private businesses and test a model of a CBDC ecosystem. On Feb. 17, the Bank of Japan (BoJ) released the opening speech of its executive director Shinichi Uchida...
China Telecom And Conflux Network To Pilot Blockchain Enabled SIM Card In Hong Kong
China Telecom and Conflux Network announced a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year. This will likely be...
Visa and Wirex Will Issue Crypto-Enabled Payment Cards
Wirex has signed a long-term partnership with Visa, which will allow it to issue crypto-enabled debit cards in the UK and in a further 40 countries. The strategic partnership between Wirex and Visa is likely to bring more collaboration as the Visa network can open doors for Wirex in Europe, USA, and in the Asia-Pacific...
France’s Top Modern Art Museum to Display Cryptopunks, Autoglyphs NFTs
Paris’s leading contemporary art museum, the Centre Pompidou, announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs). According to an announcement on Feb. 10, the Centre will feature NFTs from over 16 digital artists around the world, including popular collectibles, such as CryptoPunk...
China to Launch National Blockchain Research Center
Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing. According to the China Daily’s report from Feb. 8, the center will create a research network with local universities, think tanks and blockchain businesses...