Revolut partners with Paxos to bring cryptocurrency trading to the US – TechCrunch

Neobank Revolut launched in the U.S. a couple of months ago. The startup is slowly catching up with features that are available in the U.K. and Europe. This time, Revolut is adding cryptocurrency trading through a partnership with Paxos.

Users in the U.S. can now buy, hold and sell Bitcoin and Ethereum from the Revolut app. The feature is going to be available in 49 states as there are some regulatory issues in Tennessee. If you have USD or other currencies in your Revolut account, you can exchange manually whenever you want.

You can also set up alerts in case there are some important price changes happening. Optionally, users can also round up card payments to the nearest whole dollar and convert spare change into crypto assets.

If youre familiar with Revoluts cryptocurrency feature, you know that the company gives you access to more cryptocurrencies in Europe, such as Litecoin, Bitcoin Cash and XRP. The company says it is starting with BTC and ETH in the U.S. but is already working on bringing more cryptocurrencies.

When it comes to fees, users with a free Revolut account will pay 2.5% in conversion fees. Users with a Premium and Metal subscription will pay 1.5% in fees. Revolut is waving fees for the first 30 days.

This is in line with the companys current fees in Europe. Revolut also has some monthly limits on currency exchange in general for free users as well it can be fiat currencies or cryptocurrencies. You have to pay a 0.5% fee above that limit or pay for a subscription.

Revolut made some changes to its cryptocurrency feature recently. While you now technically own your cryptocurrencies, you cant send and receive cryptocurrencies from third-party wallets. The feature is all about trading buying, holding and selling.

In the U.S., Squares Cash App and Robinhood also let you buy cryptocurrencies in their respective apps. While those features dont offer the same flexibility as a full-fledged cryptocurrency exchange, it makes it easy to get started with cryptocurrencies.

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Revolut partners with Paxos to bring cryptocurrency trading to the US - TechCrunch

US Army Requests Information on Tools to Track Cryptocurrency Transactions | News – Bitcoin News

The U.S. Department of Defense and the U.S. Army have requested information on web-based cryptocurrency tracking tools. The tools must enable U.S. government agencies worldwide to conduct in-depth investigations into the source of crypto transactions and provide multi-currency analysis from bitcoin to other top cryptocurrencies.

The U.S. Department of Defense and the U.S. Army have posted a request for information (RFI) entitled cryptocurrency investigative web-based application. The request was published on the U.S. governments website on July 10.

All information submitted in response to this announcement is voluntary, the notice states, adding that The U.S. Army Contracting Command-New Jersey (CC-NJ) located at Fort Dix, NJ is surveying the market for potential contractors capable of providing one license for one user of a cloud, web based application capable of assisting law enforcement to identify and stop actors who are using cryptocurrencies for illicit activity such as fraud, extortion, and money laundering.

The requests accompanying Statement of Work (SOW) describes that the contractor must provide access to a reliable cryptocurrency investigation service, also referred to as a Software-as-a-Service (SaaS) solution required for use in criminal investigations and the other missions conducted by the US Army Criminal Investigation Command (USACIDC). The USACIDC is the premier Military Criminal Investigative Organization within the Department of Defense, responsible for conducting worldwide criminal investigations wherever there is a U.S. Army interest. The notice elaborates:

Application must enables users to conduct in-depth investigation into the source of cryptocurrency transactions and provides multi-currency analysis from bitcoin to other top cryptocurrencies.

The USACIDCs Major Cybercrime Unit in Quantico, VA, will administer the service but users can be located anywhere in the U.S. and overseas. Intended users include those in the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA), the Securities and Exchange Commission (SEC), the Transportation Security Administration (TSA), the US Immigration and Customs Enforcement (ICE), and the Internal Revenue Service (IRS).

The service must be a tested product, without hardware or software to install. It must meet the SOW requirements, including providing real-time bitcoin and other cryptocurrency transaction tracing and be able to spot transaction patterns and interactions with other entities. The contract will be for one year with the option to extend four more years. Responses to the information request must be made by July 20.

The Department of Defenses request came after the U.S. Department of Homeland Security and the Secret Service awarded a contract for blockchain analytics software to Coinbase, as news.Bitcoin.com reported.

What do you think about the U.S. Army looking for crypto tracking tools? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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US Army Requests Information on Tools to Track Cryptocurrency Transactions | News - Bitcoin News

Cryptocurrency Is Reshaping the Fintech Landscape – Finextra

Cryptocurrencies have been around for a while now, and were well past the point where they were considered a temporary, passing gimmick. At this stage, many people agree that cryptocurrencies are the way of the future in many ways, even if there are some flaws in the general idea. The important thing is that were actively experimenting with different solutions for the common problems on the financial market, and weve already come across some quite exciting discoveries along the way. When it comes to fintech, its clear that cryptocurrencies have had a major impact but how strong has it been exactly, and what can we expect from the future in this regard?

Current Uses of Blockchain in Finances

Blockchain is currently actively used in many areas of the financial sector likeforex. Its no longer a secondary thing for many businesses, and support for the technology is rapidly growing. And there is a lot that it can bring to the table as well from easy verification of identities, to speeding up regular everyday transactions, to enabling customers to use their mobile phones more comfortably as part of the purchasing process. There is a lot that blockchain can do that is not even actively explored yet, and its important to pay attention to the new and growing trends in this market.

Growing Trends

Which leads us to our next point. Blockchain is already enjoying an established place in many areas of the market, but it will take a while before its fully reached its potential. Until then, were likely going to see variouscompanies attempting to use it in new and different ways, and not all of those will be successful in the long run. But what truly matters here is that we pay attention to not only the successes, but the failures as well. Identifying the cause for each of those failures is going to be crucial in the long term when it comes to ensuring that were using blockchain to its full potential.

Attractive Prospects

The current prospects for the tech and its integration into the market are already quite attractive. Many companies have been exploring the market in even more detail lately too, and have been doing their best to make the situation more attractive for their users. Because of this, weve seen the rise of many integrations of blockchain tech into various aspects of the current market, and this is something that will likely continue in full force as well.

The Future Is Not Set in Stone

But in the end, its hard to predict where this will all take us. Blockchain is still a new technology compared to the overall state of the financial market, and it will likely be a while until its properly stabilized its position. As we said above, the important thing right now is to pay attention to how this tech evolves and the stages it goes through. Because a lot will happen over the next couple of decades, and those who have been following the trends will be in a better position to take advantage of the new situation.

Until then, its also not a bad idea to experiment with what the market has to offer. Blockchain is already integrated pretty tightly into many sectors, and it doesnt take a lot of effort to get started with this field. The technological barrier today is significantly lower than what it used to be, so there arent many excuses for not following those developments. And even when some things dont pan out, they will still provide a good learning experience for those whove attempted them.

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Cryptocurrency Is Reshaping the Fintech Landscape - Finextra

Chainlink (LINK) Becomes the Tesla of Cryptocurrency Whats Next? – Cointelegraph

As Bitcoin's (BTC) price continues to trade in a tightening range, the altcoin market has been pushing higher each week, and the most recent surge has come from Chainlink (LINK).

After breaking above the $5 level, LINK's price surged nearly 100% in a matter of days and ended by making a new all-time high at $8.40. Through this massive push, LINK surpassed EOSand Crypto.com (CRO) to claim a spot among the top ten cryptocurrencies listed on CoinMarketCap.

Investors are now curious to see if Tezos (XTZ) will continue to follow LINK, and there are expectations that other altcoins will also follow LINKs upward trajectory.

Crypto market daily performance. Source: Coin360

LINK has proven to be one of the strongest movers in the cryptocurrency markets of recent years. This was proved once again as the cryptocurrency broke above the previous all-time high of $5 and surged with 85% toward$8.50.

LINK/USDT one-day chart. Source: TradingView

In a previous article, a target of $7.00$7.25 was established using the Fibonacci extension tool. However, LINK overshot that target by a mile.

As the chart shows, the rally might be temporarily over, as sellers are stepping in, but this will only be confirmed if the daily candle closes as shown on the chart above. Currently, the candle shows a giant wick on the upside, indicating that theres more sell than buy pressure.

Aside from the candle, such a giant move is due for a corrective move, so it is good to review the levels to watch for potential support.

LINK/USDT one-day chart. Source: TradingView

The 1-day chart is showing clear support levels. One of them is found between $6 and $6.50. The previous resistance at $6.57 can be confirmed as support, which would suit a renewed test of the $8.50 resistance level.

However, a clearer signal would be a corrective move towardthe $5 level, as that used to be a significant resistance zone before the massive breakout occurred.

LINK/USDT four-hour chart. Source: TradingView

The four-hour chart shows a bright support/resistance flip of the $5.70 level, which caused continuation and the price to accelerate toward$8.50.

The most likely scenario is a test of the previous high for support;in this case, the $6.50$6.60 level. A potential wick towardthe $6.20 level is an area to watch for.

If this zone holds, a renewed test of the highs at $8.50 is likely to occur. If the $6.50 level is lost, further downward pressure is likely to occur on the markets with a potential retest of the $5 level.

LINK/BTC one-day chart. Source: TradingView

The LINK/BTC pair shows a massive breakout as well. The resistance zone at 0.00055000 sats was tested several times before the breakout occurred.

This price action is actually quite similar to the resistance zone of Bitcoin that is encountering at $10,000 to $10,500. As the saying goes, the more often a resistance gets tested, the weaker it becomes.

In the case of Bitcoin, the resistance zone at $10,000 to $10,500 has been a tough area to surmount for a year already, and for LINK, the 0.00055000 sats barrier has been a resistance zone for seven months.

As the breakthrough of the resistance zone occurred, massive acceleration took place, but the chart is showing signs of overextension on the upside. For this reason, a corrective motion is likely to occur.

In that case, the potential levels of interest should be the previous resistance at 0.00055000 sats and the area between 0.000650000.00066500 sats.

XTZ/USDT one-day chart. Source: TradingView

Once Chainlink moves, Tezos tends to follow. However, in the previous months, Tezos has been lagging heavily, but the price finally made a strong move over the weekend.

XTZ/USDT has been showing strength in the previous days and currently faces the final hurdle before a new all-time high.

The pair secured support at the $2.40 level before continuation and acceleration toward$3 occurred. The next step to watch for is a test of the $2.70$2.77 level for support.

If that level sustains support, its likely that XTZ/USDT will break through the $3 barrier and test the all-time high.

The $3 resistance area has been tested three times now, and its possible that another test of the resistance zone will see the price finally push through it.

If XTZ/USDT breaks above $3, its assumed well start accelerating and get a similar move to Chainlink. And that similar move means a new all-time high.

XTZ/BTC one-day chart. Source: TradingView

The XTZ/BTC pair is also showing strength, as it recently broke above the 100-day MA. This is also the case with the XTZ/USDT pair. If the previous resistance area at 0.000029000.00002950 sats continues to hold for support, a support/resistance flip will be achieved.

Once this support/resistance flip is confirmed, continuation to the upside is likely to occur, and traders will set their targets around the all-time high zone around 0.000037000.00003800 sats.

If Tezos manages to break through the all-time high levels, the sky's the limit and savvy traders can look to the Fibonacci extensions in order to determine new targets.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Chainlink (LINK) Becomes the Tesla of Cryptocurrency Whats Next? - Cointelegraph

TCS is ready to mine the new crypto economy, snatches early-mover advantage with Quartz – Economic Times

Physical imitations of cryptocurrency in Dortmund, Germany on January 27, 2020.

The Indian IT giant has set its sights on the exploding crypto-assets market globally. Its new product Quartz aims to make swift inroads in cryptocurrency trading in countries like Switzerland and Singapore, where its a legal activity, and is eyeing high net-worth, private banking, and wealth-management segments. Quartz may not find takers in India in the absence of regulatory clarity.

Its a whole new world of opportunities for Indian IT companies. TCS is moving to make a big impact in the global enterprise blockchain-solutions market. The countrys second most-valued company has

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Bank of England eyes groundbreaking new currency as key part of Britains future – Express

Digital currency is money only available in vital or electronic forms. The news the BOE are looking into digital currency comes as the UK is set to suffer its worst recession ever after the coronavirus pandemic. In April this year, the UKs GDP shrank by an astonishing 20.4 percent.

Mr Bailey announced the news to students in a Speakers for Schools webinar event on Monday.

He said: We are looking at the question of, should we create a Bank of England digital currency.

Well go on looking at it, as it does have huge implications on the nature of payments and society.

I think in a few years time, we will be heading toward some sort of digital currency.

READ MORE:Elon Musk, Bill Gates, Joe Biden and Kanye West ALL HACKED by evil bitcoin scammers

In January the BOE announced it was a part of a group of major central banks weighing up developing digital currencies.

The joint research is aimed to "share experience as they assess the potential cases for central bank digital currency in their home jurisdictions".

The group includes global financial powerhouses such as the Bank of Canada, Bank of Japan, European Central Bank, Sveriges Riksbank of Sweden, Swiss National Bank and Bank for International Settlements.

The group are looking into Central Bank Digital Currencies as Facebook develops its own cryptocurrency, Libra.

China has also spent six years developing its own CBDC in DCEP, and the group of countries have stated their desire to compete.

In a statement, the BOE said: The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies.

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Cryptocurrency site Coin Telegraph suggests that the UK may have an edge on European countries in developing CBDC after Brexit.

They said: The country does not have to deal with EU bureaucracy, nor is it a part of the Eurozone.

These factors have allowed the nation to retain its own sovereign currency the British pound.

If the UK decides to develop a CBDC, it could provide the British pound with some advantage over major rival currencies like the US dollar and the euro.

Mr Bailey warned however that it may be some time before Britain sees digital currency.

In the webinar, he said: The digital currency issue will be a very big issue.

I hope it is, because that means COVID will be behind us.

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Bank of England eyes groundbreaking new currency as key part of Britains future - Express

Popular singer, Akon and other leading experts speak on Africa’s Crypto – Nairametrics

As Africa remains the leading market in the crypto industry, Africas fastest-growing financial media company, Nairametrics, exclusively covered the African session of the 3rd-year anniversary of Binance, the worlds largest crypto exchange, with key African crypto stakeholders deliberating on the crypto industry in Africa.

Senegalese-American music celebrity, Akon who was one of the guests in one of the sessions spoke on crypto adoption in present-day Africa, having popular Hollywood film producer and Akoin co-founder, Jon Karas with Binance CEO Changpeng Zhao moderating the session.

Akon spoke about his upcoming cryptocurrency known as Akoin, detailing how it is easier to exchange the digital coin through an internal conversion mechanism, which will allow users to convert in and out of other fiat currencies or crypto assets.

He also spoke about the payments revolution the crypto industry will bring to Africa that is preceded by poor mismanagement of resources, unstable currencies, amongst other limiting factors. According to Akon, Africa stands a chance of becoming the frontier in the global crypto market accompanied by a wider increased investment interest in cryptocurrencies.

READ MORE: With just N60million: 3 fundamental reasons why you should buy into the LeonardoBySujimoto

In a prelude to Akons interview, Yele Bademosi, founder & CEO of Bundle, spoke about the need for crypto stakeholders to do more in educating the worlds fastest-growing market, Africa, as many young Africans are still on their learning curve trying to understand the advantages and usage of blockchain and cryptocurrencies.

In addition, Chuta Chimezie a leading crypto expert, spoke on the importance of regulatory stakeholders in supporting the future of payment as governments not regulating cryptocurrency may be a limiting factor in spurring its growth on the continent. He also advised that the inclusion of leading African banks will boost the crypto African market, as their role cant be underestimated.

The session ended with BNB tokens and gifts disbursed to some participants of the session, marking the third anniversary of the worlds largest crypto exchange,Binance.

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Popular singer, Akon and other leading experts speak on Africa's Crypto - Nairametrics

New York Appellate Court Confirms Attorney Generals Broad Investigative Powers into the Cryptocurrency Industry – JD Supra

On July 9, the Appellate Division of the Supreme Court of New York, First Department (First Department) issued a significant decision in James v. iFinex that confirmed the broad authority of the New York State Attorney General (NYAG) to investigate potential fraud. The decision is significant because it is the first appellate decision to apply the Martin Acts expansive powers to an NYAG investigation of foreign entities in the cryptocurrency industry. Given this decision, the NYAG now may be emboldened to use these powers to more actively police the emerging industry by seeking asset freezes and other preliminary injunctive relief against potential bad actors outside of the Empire State.

Background

The appeal stems from an NYAG investigation of whether respondents BFXNA Inc., BFXWW Inc., iFinex Inc. (collectively iFinex), Tether Holdings Limited, Tether Limited, Tether Operations Limited and Tether International Limited (collectively Tether Holdings) made untrue claims about their virtual currency, tether, which is issued by Tether Holdings and traded on the iFinex-operated trading platform, Bitfinex. Tether is a stablecoin that, according to Tether Holdings, is backed by U.S. dollar reserves. According to the First Departments decision, up until about March 4, 2019, Tether Holdings had represented that every tether is backed by one U.S. dollar, and any holder of tether may redeem it for one U.S. dollar at any time. After March 4, 2019, Tether Holdings changed its representation on its website to state that, while every tether is still valued at one U.S. dollar, tether is backed by Tether Holdings reserves, which include unspecified currency, cash equivalents, and other assets and receivables from loans made by Tether Holdings to third parties, including to affiliated entities.[1] Notably, each respondent is: (i) incorporated outside of the United States; (ii) neither headquartered nor registered for service of process in New York; (iii) majority owned by nonparty Digfinex Inc.; and (iv) operated by a small group of executives and employees, some of whom are or have been located in New York.[2]

The NYAG initiated the investigation in November 2018 due to a concern that respondents lacked sufficient liquidity to permit customers to redeem tether at the represented value.[3] During the course of the investigation, the NYAG learned certain concerning facts, including that: (i) a third-party foreign entity, which processed customer deposits and withdrawals for iFinex, had refused to provide iFinex with nearly $1 billion of their commingled client and corporate funds; (ii) Tether Holdings had transferred $625 million to iFinex; and (iii) iFinex took a $900 million line of credit from Tether Holdings (despite the NYAGs expressed concerns).[4]

Based on these revelations, the NYAG sought and obtained an ex parte order pursuant to the Martin Act on April 24, 2019, compelling respondents to produce certain documents and staying them from (i) making any claims on the U.S. dollar reserve held by Tether Holdings, (ii) making any payments to any individual associated with respondents from the Tether Holdings reserve, and (iii) altering or destroying any documents related to the investigation.[5] The motion court thereafter granted respondents motion to modify the ex parte order but rejected their attempt to vacate it.[6] The respondents then moved to dismiss for, among other things, lack of subject matter jurisdiction and lack of specific personal jurisdiction, which the motion court rejected, and the respondents appealed this decision.[7]

Decision

On appeal, the First Department rejected respondents arguments and affirmed the motion courts order as follows.

The Martin Act Broadly Empowers the NYAG. From the outset, the First Department recognized the NYAGs broad powers under the Martin Act to seek an ex parte order pursuant to General Business Law 354 compelling documentary and testimonial evidence and enjoining respondents as appropriate.[8] Upon the NYAG making an application for the order, it is the duty of the justice of the supreme court to whom such application for the order is made to grant such application.[9] In the application for such an order, the NYAG may merely show, upon information and belief, that the testimony of such person or persons is material and necessary. The First Department concluded that once a court has issued such an order, its authority is limited to only considering a partys motion to modify or vacate the order.[10] Given this, the respondents motion to dismiss the order was without precedent.[11]

Tether Is a Commodity Under the Martin Act. The First Department noted that respondents did not appeal the motion courts order rejecting vacatur, which found subject matter jurisdiction, so the issue of subject matter jurisdiction was not before it. Even if it were to consider their argument, the First Department held that the Martin Acts definition of commodities as including any foreign currency, any other good, article, or material is broad enough to encompass tether.[12] The First Department explained that federal courts and the Commodities Futures Trading Commission have found that virtual currencies are commodities under the Commodities Exchange Act, which defines the term more narrowly than does the Martin Act.[13]

Respondents Had Sufficient Minimum Contacts with New York. The First Department found that respondents had sufficient minimum contacts with New York for the purpose of a Martin Act investigation. The First Department reasoned that (i) New York-based customers used the Bitfinex platform to trade tether, (ii) one of respondents executives resided and conducted business in New York, (iii) respondents had active bank accounts in New York, and (iv) respondents retained New York professional firms to review tether cash reserves and to make public statements on respondents behalf about the Bitfinex platform and tether cash reserves.[14]

Takeaways

Regardless of how the investigation concludes (no charges have been brought yet, and it still is possible that none will be), this decision illustrates the wide range of activity and persons that are subject to the NYAGs investigative powers pursuant to the Martin Act. Given this, foreign persons operating in the blockchain industry should be aware of the following implications from the iFinex decision.

Lower Personal Jurisdiction Standard for Investigations. As noted by the First Department, the standard for establishing personal jurisdiction for an investigation is far lighter than for a lawsuit.[15] The First Department held that the NYAG may properly investigate a foreign entity if she has a reasonable basis for believing that [it] has violated a New York statute.[16] Because investigative subpoenas may then be used to obtain information to further support jurisdiction for lawsuits,[17] the Martin Act is a powerful tool that the NYAG may use to pursue civil and criminal charges against persons within and outside of the states borders.

Multiple Personal Jurisdictional Triggers. As the iFinex decision illustrates, personal jurisdiction is a factual determination and there are many facts and circumstances that may justify the use of the Martin Act even on foreign persons. The threat of personal jurisdiction being found in New York is particularly acute for the blockchain industry, in which so many operations may touch on the statethrough marketing, transactions, financing or other triggers. The online nature of the industry, which allows it to reach New York residents whether or not they are directly solicited, is a further challenge for many foreign persons who do not otherwise believe they are subject to the states jurisdiction.

The Martin Act Applies to Virtual Currencies. The First Department unequivocally held that the Martin Act applies to virtual currencies because they fit squarely within its broad definition of commodities. Although the First Department did not decide whether tether is also a security,[18] the fact that the Martin Act applies to both commodities and securities suggests that it may be difficult to persuade a court that blockchain-based cryptographic assets are not governed by the Act. While there may be situations in which a cryptographic asset is neither a security nor a commodity for purposes of the Martin Act, the iFinex decision indicates that products with features similar to tether may likely be considered commodities.

* * *

[1] James v. iFinex Inc., 2020 NY Slip Op. 03880 at 2-3 (July 9, 2020) (internal alteration removed).

[2] Id. at 3.

[3] Id.

[4] Id. at 4-5.

[5] Id. at 5.

[6] Id. at 6.

[7] Id.

[8] Id.

[9] New York Consolidated Laws, General Business Laws 354.

[10] James, at 6.

[11] Id. at 6-7.

[12] Id. at 8 (emphasis and internal citation omitted).

[13] Id.

[14] Id. at 10-11 (emphasis omitted).

[15] Id. at 12-13.

[16] Id. at 13 (quoting Matter of La Belle Creole Intl., S. A. v. Attorney General of the State of N.Y., 10 N.Y.2d 192, 198 (1961)).

[17] Id. at 12-13.

[18] Id. at 8 n.2.

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New York Appellate Court Confirms Attorney Generals Broad Investigative Powers into the Cryptocurrency Industry - JD Supra

Crypterium Diversifies Its Card Offering With Their New Crypterium Card VISA Edition – GlobeNewswire

The worlds most accepted card

Now powered by digital assets

London, UK, July 18, 2020 (GLOBE NEWSWIRE) -- Crypterium, a KPMG-awarded Fintech startup, is excited to announce the launch of a new payment card the Crypterium Card VISA Edition. This card comes as an alternative to the Crypterium Card UnionPay, which is already used by over 30,000 cryptocurrency holders in over 150 countries.

The Crypterium Card VISA Edition is the latest innovation of Crypterium, a company focused on making cryptocurrencies as easy to spend as cash. As all other products of the Crypterium family, this VISA edition is seamlessly integrated into the award-winning Crypterium Wallet.

Following year-long negotiations, Crypterium is now an official partner of VISA, the worlds leading card issuer. This partnership allows Crypterium to provide its more than 500,000 customers with a globally accepted payment solution.

Unlike all other cryptocurrency cards on the market, the Crypterium Card VISA Edition is absolutely free. The goal is simple: lowering the barriers for cryptocurrency holders.

Nowadays, most banks offer prepaid cards at no cost. At Crypterium, our goal is to make available similar (or even better) financial services for cryptocurrency holders. People using digital assets needed a truly affordable payment card. And thats what our VISA card is all about, explained Austin Kimm, Chief Operating Officer at Crypterium.

The only cost associated with the Crypterium Card VISA Edition is delivery. The express delivery option comes at a reasonable 14.99. Yet, holders of Crypteriums CRPT tokens will also benefit from free-of-charge delivery.

Another distinctive aspect of the Crypterium Card VISA Edition is its vibrant design. Yellow and black colors on a horizontal set up make this card stand out in any wallet.

The Crypterium Card VISA Edition is loaded by exchanging cryptocurrencies on the Crypterium Wallet to fiat money. Crypteriums in-wallet exchange service instantly converts the digital currencies into euros ready to be spent. The system is integrated with the worlds top exchanges to provide competitive rates on each transaction. The top-up fee is 2%.

Paying with Crypterium Card VISA is a smooth experience. The card offers contactless technology, allowing clients to tap it on any POS terminal. The card is also expected to support Apple Pay, so cardholders can easily pay with their mobile devices.

The Crypterium Card VISA offers high spending and withdrawal limits. On a monthly basis, a cardholder can spend up to 10,000 and withdraw 2,500 in cash.

This card is managed by the user through the Crypterium Wallet (iOS & Android). Cardholders can block and unblock the card, modify their security PIN, and keep track of spendings in a smart and clean history.

In terms of security, all Crypterium accounts are 100% insured by the leading custodian service in the cryptocurrency industry BitGo. Crypterium Card VISA holders can rest assured that their funds are protected against any threat.

About Crypterium

Crypterium is the worlds leading crypto-bank. Awarded by KPMG and H2 Ventures, our solutions provide customers and businesses with global, affordable, and flexible financial services that make cryptocurrencies as easy to spend as cash.

The Crypterium Wallet and Crypterium Card bridge the gap between traditional and crypto finance, enabling anyone to move in and out from digital currencies. More than 500,000 customers in 180+ countries already trust our services.

More information: https://crypterium.com

Press contact

Matias LapuschinHead of Content Marketing CrypteriumE-mail: matias.lapuschin@crypterium.com

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Crypterium Diversifies Its Card Offering With Their New Crypterium Card VISA Edition - GlobeNewswire

Global Cryptocurrency Mining Hardware Market with Coronavirus (COVID-19) Impact Analysis | likewise Industry is Booming Globaly with Top Players…

Global Cryptocurrency Mining Hardware Market: Brief Overview

The globalCryptocurrency Mining Hardware marketreport has been updated by theMarket Data Analyticsowing to the changed market conditions because of COVID-19. Although, the world is still in hope that everything will come back to normal but the WHO finds no positive signs. The WHO has clearly mentioned that people will have to start living with this disease as there are very less chances that the coronavirus infection will go. The conditions in the global market have changed drastically and every single country is facing economic crunch owing to the slowing down of the business. Thus, it was necessary to update the Cryptocurrency Mining Hardware market report.

Request a sample copy of this report@https://www.marketdataanalytics.biz/global-cryptocurrency-mining-hardware-market-industry-trends-and-forecast-13869.html#request-sample

The latest report consists of the following parts:

Part 1: Market Definition

In the first part of the Cryptocurrency Mining Hardware market report, market definition and its scope is defined. In this part, the research analysts have included the target audience for the Cryptocurrency Mining Hardware market.

Part 2: Research Methodologies

In the second part, research methodologies and the market tools that were research analysts are explained in detail. There are also details about the primary and secondary researches that were conducted by the research analysts.

Read Full Research Report::https://www.marketdataanalytics.biz/global-cryptocurrency-mining-hardware-market-industry-trends-and-forecast-13869.html

Part 3: DROC

The third part includes the qualitative information about the Cryptocurrency Mining Hardware market. This information is mainly about the Cryptocurrency Mining Hardware market drivers, restraints, opportunities, and challenges.

Part 4: Market Segmentation

The fourth part of the report deals with the market segmentation. The Cryptocurrency Mining Hardware market includes the following segmentations:{ASIC Miner, GPU Mining Rig};{Enterprise, Personal}. A detailed analysis of every single category in the market segments has been included. The data includes both statistics and qualitative information which are depicted in the form of tables and figures in the report.

Part 5: Regional Segmentation

Regional presence of the Cryptocurrency Mining Hardware market in the major regions such as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa is described in detail.

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Part 6: Company Profiles

The major market players in the Cryptocurrency Mining Hardware market includeBitMain Technologies Holding, Canaan Creative, Halong Mining, Advanced Micro Devices, Baikal Miner, Bitfury Group, Canaan Creative, Innosilicon, ASICMiner, Ebang Communication. Along with these many other industry players are profiled in this section.

Part 7: Observation/ Conclusions

The last part deals with the market conclusions. The conclusions mainly include the observations and the comments from the research analysts and the market experts.

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Global Cryptocurrency Mining Hardware Market with Coronavirus (COVID-19) Impact Analysis | likewise Industry is Booming Globaly with Top Players...