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Major Indian Bank HDFC Bans Cryptocurrency Purchase
EXCLUSIVE – #HDFC (Housing Development Financial Corporation), one of India’s largest private sector #banks has banned #cryptocurrency purchases from its cards, both credit and debit. In an email sent to its customers yesterday, HDFC notified its users that it will no longer allow cryptocurrency purchases on its credit, debit and prepaid cards. The email read: …Read More
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Visa Has Not Changed Bitcoin Purchase Policies
EXCLUSIVE—Payment processor #Visa has not #changed any #policies related to the purchasing of #bitcoin, the company said. The company still allows Visa cardholders to make #cryptocurrency purchases with “credit, debit, and certain prepaid Visa products,” it said in a statement sent to media. This follows reports that Visa, alongside other credit card networks, changed how […]
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Barclaycard Could be Next to Ban Cryptocurrency Purchase
EXCLUSIVE – Barclays U.S. or #Barclaycard is looking to join Bank of America, Citi and Chase in banning #cryptocurrency purchases on its Barclaycard, Bank Innovation has learned. “We are making the decision that we will likely no allow cryptocurrency purchases on the card,” Paul Wilmore, CMO at Barclays told Bank Innovation. Wilmore compared the cryptocurrency phenomenon […]
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Euronet Squares Off With Ant For Purchase of MoneyGram
Let the battle begin. E-payments provider #Euronet Worldwide announced an offer to buy #MoneyGram, a U.S.-based money transfer service, for $ 15.20 per share in cash–an offer higher than the original #purchase price put forward by Ant Financial back in January. “Our proposal provides approximately $ 130 million of additional value over the offer from Ant Financial, representing […]
Bank Innovation
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