Visa

The non-profit organization that will be engaged in supporting the proposed Facebook-based payment network based on steaklokoin was allegedly invested by leading financial companies, reports The Wall Street Journal, citing informed sources. Thus, according to the publication, Visa, Mastercard, PayPal, as well as Uber and other companies have already invested $ 10 million in security reserves for the coin, the price of which is […]

Payment giant Visa Inc has launched a corporate payment network B2B Connect based on the blockchain, reports Reuters. The network was created to improve the efficiency of cross-border payments between financial institutions. In particular, B2B Connect implies fast and inexpensive payments without the involvement of intermediaries. Currently B2B Connect serves 30 payment corridors, the number of which Visa plans to increase to […]

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports. The publication claims that Facebook consults with representatives of the US Treasury Department and the Bank of England manager Marc Carney regarding the regulation of the initiative, code-named Libra. At the same time, the Financial Times […]

Ethereum founder Vitaly Buterin suggested allowing users to mix transactions to hide addresses when sending fixed amounts. According to him, the introduction of such an architecture will not require changes at the level of the main protocol. He wrote about this on Hackmd. So, explained Buterin, at the moment there are only two options for transactions available to users: from one address (all activity can be easily tracked […]

Venezuelan authorities have ordered the termination of operations with payment systems Visa and MasterCard because of sanctions from the United States. This is stated in a joint statement by the Central Bank of the country and the Department for Supervision of the Banking Sector under the Ministry of Economy and Finance, signed on May 16. It is expected that operations on debit cards Visa and MasterCard will be stopped from November 30, 2019, […]