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Showing posts from May 30, 2021
What Cryptocurrency Credit Cards Have Rewards? What Cryptocurrency Credit Cards Have Rewards? Crypto rewards credit cards are gaining attention—but are they really worth it? Below we break down which cards offer crypto-based rewards, how they work, their pros & cons, and whether they make sense for different types of users. Which Cards Offer Crypto Rewards? At present, several issuers and platforms have launched or announced credit cards with cryptocurrency rewards features. These include: SoFi Brix BlockFi Gemini Unifimoney Coinbase These cards may operate differently: some pay rewards directly in crypto (Bitcoin, Ethereum, etc.), while others give points redeemable into crypto or fiat. Advantages of Crypto Rewards Cards Easy crypto exposure: Get into the crypto market passively through everyday spending. ...
Coinbase Announces Reward System to Earn Crypto Back Coinbase Announces Reward System to Earn Crypto Back Coinbase, one of the world’s largest cryptocurrency exchanges, has announced the launch of a new reward system for its Coinbase Card. The program will allow selected customers to earn up to 4% back in cryptocurrency on purchases. This initiative highlights Coinbase’s push to make crypto spending part of everyday financial life. How the Reward System Works Starting this week, Coinbase is inviting selected customers off the waitlist to begin earning crypto rewards through the Coinbase Card. With this program, users can spend their cryptocurrency like traditional currency while receiving a portion back as crypto rewards. COINBASE GLOBAL -STARTING THIS WEEK, WE'LL INVITE SELECT CUSTOMERS OFF THE WAITLIST FOR COINBASE CARD TO BEGIN EARNING UP TO 4% BACK IN CRYPTO REWARDS $COIN — *Walter B...
Google Removes Ban on Ads For Trading & Investment Services Google Removes Ban on Ads For Trading & Investment Services Google has officially ended its broad ban on ads related to trading and investment services in certain markets, including cryptocurrency platforms and online brokers. This signals renewed opportunity for financial services and crypto firms that were previously restricted from advertising on Google’s platforms. What Changed? Previously, Google prohibited most ads promoting speculative trading and complex financial products in many regions. The policy shift permits “regulated services” to advertise, provided they meet specific compliance and licensing requirements. Requirements & Restrictions Advertisers must be certified or licensed in their operating region. Landing pages must clearly disclose risks and avoid misleading claims. Ad...
A British Bank Bans Cryptocurrency Transactions — What You Should Know A British Bank Bans Cryptocurrency Transactions — What You Should Know In a surprising move, a prominent British bank has banned cryptocurrency-related transactions from its platform, preventing account holders from sending or receiving funds tied to crypto exchanges. This decision raises serious questions about banking access, regulatory stance, and the future of digital asset connectivity in the UK. Reasons Behind the Ban The bank cited increasing regulatory pressure, fraud risk, compliance burden, and unclear guidelines for crypto services as key motivations. While the institution did not name specific markets or tokens, customers say access to leading exchanges was impacted. Impact on Customers and the Crypto Ecosystem Some users report blocked transfers or funds flagged when interacting with crypto se...
A Drug Ambush Ends With the Discovery of a Cannabis Farm A Drug Ambush Ends With the Discovery of a Cannabis Farm In a coordinated police ambush targeting organized drug trafficking networks, law enforcement uncovered an illegal cannabis farm . This discovery highlights the ongoing challenges faced by authorities in dismantling county lines gangs and their multi-layered operations in the UK. The Operation West Midlands Police, in collaboration with other forces, launched a strategic crackdown on organized crime groups suspected of transporting and selling drugs across regions. The raids not only disrupted cocaine and heroin trafficking but also led to the exposure of a sophisticated cannabis cultivation site. County Lines and Organized Crime County lines operations exploit vulnerable individuals, forcing them into transporting and distributing drugs. These networks stretch f...
America’s Oldest Bank Opens Cryptocurrency Custody Business America’s Oldest Bank Opens Cryptocurrency Custody Business BNY Mellon, known as the oldest bank in the United States, is making a bold move into the future of finance by launching a dedicated cryptocurrency custody business . This step marks a landmark shift for legacy banking institutions embracing digital assets. Custody for Institutions The new division is intended to serve institutional clients—hedge funds, asset managers, pension plans—by securely storing digital assets like Bitcoin and Ethereum. Custody includes safeguarding private keys, ensuring regulatory compliance, and managing risk. Why This Matters When a venerable institution like BNY Mellon enters crypto custody, it helps bridge the trust gap between traditional finance and the digital finance space. This move could encourage other established banks to follow, pr...
KBC Bank in Belgium Plans to Launch Its Own Cryptocurrency KBC Bank in Belgium Plans to Launch Its Own Cryptocurrency KBC Bank, one of Belgium’s largest financial institutions, has announced plans to develop and launch its own cryptocurrency . The move reflects the growing trend of traditional banks embracing digital finance and blockchain technology in order to stay relevant in an era of decentralized innovation. Why Is KBC Bank Entering the Crypto Market? As cryptocurrencies like Bitcoin and Ethereum continue to gain mainstream adoption, banks are exploring new ways to engage with customers. KBC Bank’s decision aims to provide its clients with a secure, bank-backed digital asset that can be used for payments, savings, and investments . How Will the Cryptocurrency Work? The bank has not yet revealed technical details, but it is expected that the cryptocurrency will be integrate...