Crypto debit card companies scramble for solutions following VISA ban
European bitcoin users were hit hard last week, when Wavecrest announced termination of all services associated with bitcoin debit card providers Xapo, Bitwala, Bitpay, and TenX. This came a consequence to Visa’s decision to terminate all business relationships with Wavecrest, the debit card issuer.
Tether announces the release of the EURT
Tether has already released the USDT, a digital currency backed by the US dollar, and has recently revealed the EURT, a digital currency backed by the euro. Both the USDT and EURT will be used with the ERC20 standard compatibility.
Ethereum grows by 15% and hits trading prices of $1,800
Ethereum’s price has just exceeded the $1,000 mark. Even more, its price reached $1,800 on some South Korean exchanges, namely due to the new policies issued by the South Korean government which support the growing cryptoeconomy. The latest policies could also perhaps have contributed to the high price of most cryptocurrencies in South Korea, as compared to the rest of the world.
