Visa CEO Plays Down Cryptocurrency Threat, Indicates Possible Intervention
Visa chief executive officer Alfred Kelly has said that cryptocurrencies are not a significant threat to his company’s electronic payments hegemony. He nevertheless indicated that the legacy financial intermediary may move into handling cryptocurrency if there is an incentive to do so. Also Read: Japan Approves Self-Regulation of Cryptocurrency Exchanges Kelly: Cryptocurrency More a Commodity Than […]
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Cody Wilson, founder and Director of Defense Distributed (DD) has resigned, according to a press conference held Tuesday, September 25th in Austin, Texas. Paloma Heindorff, an operations executive with the company for three years, has been named Director. Mr. Wilson tendered his formal resignation Friday, September 21st in the wake of criminal allegations and charges […]
Embattled 3D printable gun advocate Cody Wilson and his Texas-based company, Defense Distributed are being sued by nearly two dozen states in the US. Attorneys General are marshaling a coast-to-coast legal fight against Mr. Wilson after he had an agreement with the US Department of State that effectively allowed Defense Distributed to host downloadable firearm […]
European cryptocurrency card holders are awakening to discover that their plastic is now worthless. A Visa-led crackdown has seen several crypto card issuers forced to call an end to their services across Europe. Visa subsidiary Wavecrest is being blamed for the withdrawal of service, which affects scores of crypto card issuers including Bitwala, Tenx, Bitpay, […]
