Visa
Mastercard, Visa Join Other Major Companies to Suspend Russian Services
CoinDesk’s Nikhilesh De joins “First Mover” to provide a geopolitical update as Visa, Mastercard, Paypal and Amex suspend operations in Russia. De explains how this will impact everyday people in Russia and what it means for the Russia-Ukraine crisis.
Visa and Mastercard Block Russian Banks Following Global Sanctions
As Russia continues its invasion into Ukraine, Visa and Mastercard have blocked several Russian banking services, restricting transactions for many everyday people in Russia. “The Hash” discusses the weaponization of financial institutions, drawing attention to cryptocurrency’s independence from centralized entities.
Could Solana Become the Visa of the Digital Asset World?
The Solana blockchain could become the "Visa of the digital asset ecosystem" as it focuses on scalability, low transaction fees, and ease of use, according to a research note from Bank of America (BoA). The Wall Street titan also noted Solana and other blockchains might even snag market share from Ethereum over time. "The Hash" hosts weigh in on the BoA's assessments.
Visa Launches Crypto Advisory Services for Banks as Demand for Digital Assets Grows
Payments giant Visa has formed a global crypto advisory practice to help financial institutions develop their cryptocurrency businesses. "The Hash" hosts discuss Visa's latest bets in crypto amid increasing global demand for various digital assets products.
Amazon to Stop Accepting Visa Credit Cards Issued in UK Due to High Fees
Amazon has pulled support for Visa credit cards in the United Kingdom, citing high fees. "The Hash" team discusses the move and its implications for payment networks in the crypto industry. "I'm glad that more merchants are realizing how high the fees are with these credit cards," host Naomi Brockwell said. "Crypto can provide a much better alternative."
Visa Working on Interoperability Platform for Stablecoins and CBDCs
Payments behemoth Visa has proposed a platform to enable interoperability between central bank digital currencies (CBDCs) and other stablecoins. The “universal payments channel” (UPC) aims to allow the cryptocurrencies to be transferred between different blockchain networks.
