Card issuer Mastercard is feeling the sting from a decision by top US banks to ban credit card transactions for cryptocurrencies. Cross-border volume growth is on a downward trend, as evidenced by a 19% increase last month compared to 21% for all of the first quarter, according to the company’s earnings results. Continue reading Crypto Purchase Ban Hits MasterCard Earnings
Canada has emerged as a leading crypto nation based on its innovation, low energy costs, high internet speed and favorable regulatory regime. While it ranks third in the world behind the U.S. and the UK when it comes to embracing Blockchain technology, Ethereum Blockchain technology adoption around the world with a wide variety of applications in finance, government, legal, health, education, space, national and multinational cryptocurrencies, energy, initial coin offerings and others is unparalleled. Continue reading Why Canada has Emerged as a Leading Blockchain and Crypto Nation
From their early days, cryptocurrencies have been associated by many with black markets and illicit activities. Bitcoin’s feature of allowing direct payments to be made from one party to another without the involvement of financial institutions, has been also utilized as a way to avoid institutional controls and settle illegal transactions. Continue reading Where Do Arrested Bitcoins End Up?
Ethics officials in the U.S. state of Wisconsin are divided on whether to allow political campaigns to accept campaign donations in bitcoin and other cryptocurrencies. If Wisconsin approves the move, it will join Montana, Washington, D.C., and the U.S. federal government in allowing cryptocurrency campaign contributions. Continue reading Wisconsin Mulls Allowing Bitcoin Donations for Political Campaigns
Andreessen Horowitz, founded in 2009 by Marc Andreessen and Ben Horowitz, one of the leading venture capital firms active in the cryptocurrency space, plans to launch a separate fund for exchanging crypto assets. The new fund could signal what some see as the next wave of innovation: direct investor involvement in cryptocurrencies, according to Recode. Continue reading Andreessen Horowitz Plots a Dedicated Cryptocurrency Investment Fund