
Fintech Is ‘Enormous Competitive’ Threat to Banks, Says JPMorgan Chase CEO Jamie Dimon
Dimon advocated for a regulatory field for all active participants in the financial system to compete in order to thrive.
Dimon advocated for a regulatory field for all active participants in the financial system to compete in order to thrive.
The completion of the Series D funding round comes a few months after the merger between Visa and Plaid was canceled.
A Twitter user, however, countered Allaire’s opinion on USDC and PayPal.
Signal said that its new payments feature would be accessible to UK residents only. The feature will be available on iOS and Android and not on desktops.
Celsius controls crypto worth over $10 billion and offers its services across over 100 countries globally.
The Central Bank of Japan has confirmed the phase 1 testing of its CBDC. This will see the Bank experiment with the environment and basic functions of the CBDC.
Rumors on PayPal’s Checkout with Crypto began on the 30th of March. Later in the day, PayPal CEO Dan Schulman confirmed this news.
DeFi total locked value has hit a record high, reaching nearly $80 billion. Though Ethereum-based protocols continue to lead the market, notable performance has been shown by their main rival – Binance Smart Chain.
Jacky Lee, the Chief Executive Officer of Tranglo, said that the partnership with Ripple Labs will go a long way to ensure that accessible and equitable financial services are delivered.
Nuvei has announced it will be supporting nearly 40 cryptocurrencies including DOGE and Reddcoin on its platform. The electronic payment processor said its partners can use these digital assets to settle payments across 200 countries.
Bitcoin price is highly correlated with the stablecoin market, thus making Visa Inc’s USDC incorporation key to the future of the crypto industry.
Cuy Sheffield, who is the head of the crypto at Visa, said that the increased demand from their customers to use and hold cryptocurrencies made them build the current features.
Skrill digital wallet users in the selected states can now purchase Bitcoin, Ethereum, Bitcoin Cash, and Litecoin through Coinbase.
To remain competitive in a fast-changing environment, Visa has put in place measures to bridge the gap between fiat and cryptocurrencies.
Now Bitpanda is going to expand its offerings beyond cryptocurrency trading, serving as a one-stop platform for anyone looking to trade digital securities.