Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub

This week’s Crypto Biz explores Binance Connect shutdown, BitGo’s funding round, PayPal Crypto Hub, and other news.

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PYUSD: PayPal USD Stablecoin Is On The Rise

PayPal introduces its own stablecoin for transfers and payments.

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PayPal stablecoin launch sparks wave of fake PYUSD tokens

Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement.

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Bored Apes, Moonbirds to feature on NFT-customized Mastercard debit cards

The customizable card will only support NFT avatars from select blue chip collections, subject to Mastercard’s design standards and an owner verification process.

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Interest in MasterCard Skyrockets After Amazon Cancels Support for Visa Cards

On November 17, Amazon, the largest Internet marketplace, announced that it would discontinue Visa payments. This has led to a massive user turn to MasterCard.

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Mastercard Floats Simplified Stablecoin Settlements for Businesses

Global payment giant Mastercard has announced significant upgrades to its crypto acceptance protocols, removing long-standing bottlenecks for cryptocurrency to fiat conversion. The company is the latest in the legacy payment…

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As Simple as Cash: Bitcoin Debit Cards Are on the Rise

It seems that cryptocurrency and bitcoin debit cards are becoming popular worldwide. Visa Inc. a giant payment and financial services company with $81 billion in total assets, has launched a…

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MasterCard: There is Increased Use of Digital Payment Technologies During Covid-19 Pandemic

According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during…

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Cryptocurrency Mastercard or Visa Cards: How to Use Them and Not Face KYC Sanctions

Cryptocurrency cards are the modern way to spend bitcoins for purchases even if the vendor doesn’t accept cryptocurrency directly. However, users worldwide face multiple issues while using these crypto cards,…

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3 Reasons Bitcoin Is More Attractive than Visa and MasterCard Combined

Bitcoin has now reached a market cap (MC) of over $1.13 trillion whereas Visa combined with MasterCard have a market cap of about $864 billion. This is a clear indication…

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