#Wirex Debit Card

[ailtrahq]

The United States Securities and Exchange Commission (SEC) has initiated legal action against FTX’s auditor. Let’s look at this and some of the biggest stories in the crypto space over the past week. Ethereum Manifold Finance, a critical player in the MEV subsector, has announced its latest venture, a maximal extractable value (MEV) protocol that could redefine ETH staking. The new protocol sees the introduction of a novel system that allows multiple winners for each auction slot. The introduction of this new auction system could be a game-changer. UBS, a leading Swiss bank, has announced the launch of a live pilot version of its Variable Capital Company (VCC) fund. The pilot is part of an initiative called Project Guardian and is led by Singapore’s central bank. The move brings real-world assets onto the blockchain and is a milestone in understanding fund tokenization. Grayscale Investments, the world’s largest crypto asset manager, announced that NYSE Arca filed with the Securities and Exchange Commission to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. Technology The Bank of International Settlements (BIS) has published initial results from a decentralized finance and crypto assets research initiative. The results were published alongside details for the development of a prototype crypto-monitoring system called Atlas. Wirex, a digital payment service provider, has introduced a revolutionary, non-custodial crypto debit card service called W-Pay. W-Pay leverages zero-knowledge proof (zk-proof) technology. LayerZero Labs has announced a partnership with the Conflux Network to help bolster the capabilities of China Telecom’s blockchain-based SIM card (BSIM) system. The collaboration will allow BSIM users to access omnichain features and help enhance the security and functionality of their blockchain experience. Do the people at large understand the grave risks that come with traditional banking? While the mainstream media screams about crypto scams and how regulators must deal with them, no one is talking about the risks that banks carry. The Hong Kong Stock Exchange (HKEX) is all set to enhance its Stock Connect system. Dubbed HKEX Synapse, the project is an integrated settlement acceleration program that will boost market efficiency and transparency. Synapse is an extension of Stock Connect. NFT The world’s largest NFT marketplace, OpenSea, has announced the introduction of OpenSea Studio. The new platform will help streamline the process of launching and managing NFT projects. The move will also help empower creators by simplifying project management tasks. Regulation Binance is pulling out all the stops to comply with the new UK Financial Promotions Regime. Binance has announced that it is partnering with RebuildSociety.com to comply with the new regulations. In a win for crypto, pro-crypto lawmaker Patrick McHenry has become the interim speaker of the house after sitting speaker Kevin McCarthy was ousted in a vote by Congress. The position of speaker is the third most powerful position in the US government. The failed Cardano-based stablecoin project Ardana was the subject of an investigation by Xerberus. Now, the UK-based Web3 risk management platform has released its investigative report on Ardana Labs. At its peak, the failed project attracted over $10 million in investments. Ripple announced that it has received full approval for its license to operate as a major payment institution in Singapore. The news comes after a recent ruling from a US court denied the SEC from filing an appeal against Ripple Labs. The United States Securities and Exchange Commission (SEC) initiated legal action against Prager Metis, FTX’s auditor, alleging hundreds of violations by the firm. The firm, hired by FTX, allegedly did not exhibit the necessary independence when providing services to clients.

[crypto101bylauriesuarez]

Wirex Unveils Zero-Knowledge Proof-Based Non-custodial Crypto Debit Card Service https://lauriesuarez.blog/2023/10/06/wirex-unveils-zero-knowledge-proof-based-non-custodial-crypto-debit-card-service/ www.lauriesuarez.blog

[bitlaxmi]

Payment processing giant mastercard (NASDAQ:MA) is accelerating its advance into Web3 by filling new digital currency - releted patents unfazed by brawing regulatory thunderstorms.

MasterCard's latest filling focus on providing virtual asset service provider (VASPs) with downloadebal application programming interfaces (APIs) for serveral uses, according to intellectual property lawayer michael kondoudis.

Back in 2021 mastercard announced that it would be supporting selected digital Currencies on its platform, announcing ground marketing partnership with Bitpay Wirex and LVL to create cradit and debit cards A similar arrangements with Bakkt saw mastercard extend its Crypto -as-a-service offering for customer loyalty options.

[todaynowreport]

Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of stoppage was triggered by Lithuania’s central bank revoking the license of UAB PayrNet, Wirex’s card provider. This news comes after Wirex’s competitor, Cryptopay, also announced that its cards may…

[all-about-news24x7]

Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of stoppage was triggered by Lithuania’s central bank revoking the license of UAB PayrNet, Wirex’s card provider. This news comes after Wirex’s competitor, Cryptopay, also announced that its cards may…

[kritikapatil]

Crypto Card Market Growing Popularity and Emerging Trends in the Industry

Global Crypto Card Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include

TenX (Singapore)

Bitpay (United States)

Bitwala (Germany)

Coinbase (United States)

Cryptopay (United Kingdom)

Wirex (United Kingdom)

Revolut (United Kingdom)

Spectro Finance (United Kingdom)

Crypto.com (China)

Monolith (Italy)

Crypto cards are the crypto debit cards which serves as the same function as regular credit or debit cards. However, instead of using just fiat currency, the user can use its crypto to pay for goods and services to vendors that accept them. In other words, it is the great way to get instant purchasing power from Bitcoin but they are not credited equal. Further, some of the service providers give the option of converting crypto into fiat instantly to use the physical card for any transaction. The users are not required a Bitcoin ATM to convert cryptocurrency into actual bank notes. With crypto debit cards, users are able to use any regular ATM to withdraw cash. Market Drivers Increased Investments in Cryptocurrency

Growing Adoption of Decentralized Finance

Market Trend Increasing Acceptance of Cryptocurrency in Real World Stores

Shift Towards the Cashless Society

Opportunities Rising Popularity of Crypto Cards in Asia Pacific

Increasing Popularity of Bitcoins

Challenges Lack of Consumer Awareness About the Crypto Cards

The Crypto Card market study is being classified by Type (Virtual Card, Physical Card), Application (Personal, Commercial), Crypto currency type (Bitcoin, Litecoin, Ripple, Ethereum, Others), Card type (EFTPOS, VISA, Mastercard) Presented By

AMA Research & Media LLP

[virtualcurrencyspace]

Visa To Launch Crypto Enabled Debit Cards

Wirex, a leading crypto payments platform, has announced a long-term strategic partnership with payment giant Visa (NYSE: V) to expand its footprint in the United Kingdom and the Asia-Pacific (APAC) region.

Under the partnership, Wirex will directly issue crypto-enabled debit, and prepaid cards for assets like Bitcoin (BTC) to more than 40 countries, the crypto payment firm said in a press release on February 13.

The partnership will support further collaboration in significant markets such as Europe, the USA, and APAC between two countries.

https://finbold.com/visa-to-launch-bitcoin-and-crypto-cards-in-the-uk-and-40-apac-countries/

[miningzon]

Wirex App Review

Wirex app Review Cryptographic money exchanging (with Bitcoin and other digital currencies) is at its high nowadays, and notwithstanding the intrinsic dangers related to them, merchants all around the world are showing a strong fascination with crypto ventures and exchanging. Actually, like stock exchange, which is done through a stock trade, for cryptographic money exchanging likewise,…

[rolexstudio-blog]

Free Wirex card with zero fees

Hi! You have to try this Wirex app, it’s the best crypto payment centre with zero fees! Use this link to get cards for free. Thank me later 😉 https://links.wirexapp.com/MpmB/4bTIQcutbK?action=affiliate-register&code=qcOdbxT7dEODRL38vf9MAA

[ailtrahq]

Crypto payment service provider Wirex announced the launch of a zero-knowledge proofs-based non-custodial crypto debit card service called W-Pay.Wirex’s new decentralized solution utilizes Zero-Knowledge technology and is built on Polygon's Chain Development Kit (CDK), promising increased scalability and security. Polygon CDK has been built with ZK proofs in focus as it enables companies and users to build their own ZK-powered Layer 2 rail.ZK-proofs-based scalability solution has become quite popular in the crypto space as the zero-knowledge protocol allows one party to convince another party that something is true without disclosing anything other than the fact that the claim in question is true. Over time, Ethreum and the likes of Polygon have seen the most development related to ZK-proofs.W-Pay offers a range of ground-breaking features that enable non-custodial wallets and decentralized applications (dApps) to issue non-custodial crypto debit cards. The firm claimed that the decentralized approach would eliminate any third-party risks and ensure that account owners retain sole control over their money.Some of the key features of W-Pay include swift and secure transactions through the integration of Zero-Knowledge technology as well as Ethereum virtual machine (EVM) compatibility and Account Abstraction (AA), a feature that streamlines transaction processes by eliminating inherent complexities.The ZK proofs-based decentralized solution enables card transactions up to a predetermined limit and also supports the integration of decentralized applications (dApps) and non-custodial wallets with conventional payment rails. The firm said that W-Pay will usher in a new era of on-chain card payment services.Wirex created the first payment card with crypto functionality in 2015, enabling users to interchangeably utilize digital and fiat money in daily transactions. Wirex claims to have a customer base of over six million and is a principal member of Visa and Mastercard.The recent zk-proofs-based decentralized solution from Wirex comes amid difficulties with its card partner UAB PayrNet. Lithuania’s central bank revoked the license of UAB PayrNet in June, forcing the company to shutter its services in the European Economic Area (EEA).Wirex has not yet responded to Cointelegraph’s request for comments.Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.Magazine: Here’s how Ethereum’s ZK-rollups can become interoperable

[btcmanager]

Wirex Launches Cryptocurrency-Enabled Visa Travelcard

Wirex Launches Cryptocurrency-Enabled Visa Travelcard

Wirex, a London-based payment wallet firm, has announced the launch of a new crypto-enabled multi-currency Visa Travelcard which will ease the process of spending cryptocurrencies for users. Per the report by The Verdict, published on November 11, 2019, Wirex’s latest offering is for its customers across the Asia Pacific (APAC) region. Spending Crypto Made EasierRead More

https://btcmanager.com/wirex-cryptocurrency-visa-travelcard/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP

[blog-dom-blr]

Join me at Wirex! If you register and buy some crypto with your credit/debit card, we'll both earn a crypto reward.

[jouliann]

parrainage https://wirexapp.com/r/jouliann

[all-about-news24x7]

Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of stoppage was triggered by Lithuania’s central bank revoking the license of UAB PayrNet, Wirex’s card provider. This news comes after Wirex’s competitor, Cryptopay, also announced that its cards may…