Australia cracks down on online gambling with crypto, credit card ban

The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).

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Maya Credit Card Announced in Partnership with Landers

Those who will apply for the Landers credit card powered by Maya is eligible for a 50% membership discount at Landers.

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Hong Kong Credit Card Lending Declines in Q1 2025, Says HKMA

The Hong Kong Monetary Authority reported a 5.8% decrease in credit card lending for Q1 2025, marking a shift from the previous quarter's growth. (Read More)

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Israeli fintech Kima, Mastercard lab look to develop DeFi credit card

Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.

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Amex planning to use AI for ‘approving cards and lines of credit’

American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services.

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Lightning Network Proves More Efficient Than Credit Card Processors

Comparing Bitcoin’s Lightning Network to legacy credit card processing makes it clear that Lightning settles payments much more efficiently and affordably.

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Best Crypto Credit Cards 2023: Are They Better Than the Card in Your Wallet?

Which crypto card gives the most bang for your buck?

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Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance

According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began tracking the data, and current metrics indicate that Americans are using [...]

The post Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance appeared first on Crypto Breaking News.

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Robinhood acquires credit card startup X1

Robinhood has seen some decline in monthly active users. Its crypto trading business revenue has also declined following the recent crypto price decline. The X1 acquisition will help Robinhood diversify and broaden its product offerings to entice a larger market. The well-known cryptocurrency and stock trading app Robinhood plans to expand its product line by […]

The post Robinhood acquires credit card startup X1 appeared first on CoinJournal.

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Robinhood buys credit card fintech X1 for $95M

In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms.

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Swipe Into the Future: Top 5 Cryptocurrency Credit and Debit Cards of 2023

In this article, we will be looking at the top 5 cryptocurrency credit and debit cards of 2023. Let's take a look at it.

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Web2 and Web3 tools are merging as crypto-backed debit cards

The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year. (Read More)

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Growth in Crypto Interest In This South American Country Leads To Binance Mastercard Tie-Up

Binance and Mastercard are uniting once again to present a new offering in Brazil: a Binance-branded prepaid crypto card. The move comes as crypto popularity [...]

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Credit cards can bridge Web2 to Web3, says music industry exec

As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical.

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Uniswap allows debit and credit card purchases of cryptocurrencies.

Moonpay, a fintech business, and Uniswap, a company that trades in digital currency, have formed a partnership that will enable users of Uniswap's web app to purchase cryptocurrencies using debit cards, credit cards, or bank transfers. Purchases of cryptocurrencies will also be possible to be made through bank transfers for users of the decentralized exchange. Users in most states in the United States, Brazil, the United Kingdom, and the Single Euro Payments Area will soon have access to the bank transfer option (SEPA). (Read More)

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Visa's trademark applications suggest more involvement in crypto space

The company's trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs.

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Mastercard taps Paxos to launch crypto trading for banks

Mastercard will deploy its technology to integrate crypto trading into banks’ interfaces, while Paxos is set to provide its trading and custody services.

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When Companies Track Purchases, Bitcoin Privacy Is More Important Than Ever

It is extremely important to educate bitcoin users on best practices when it comes to receiving and sending bitcoin as privately as possible.

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Binance and Mastercard will launch prepaid crypto cards in Argentina

"Payments is one of the first and most obvious use cases for crypto, yet adoption has a lot of room to grow,” said Maximiliano Hinz.

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ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.

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