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🚀 Visa Partners With dtcpay To Launch Crypto-To-Fiat Card

According to Odaily, payment giant Visa has announced a partnership with Singapore-based crypto payment provider dtcpay to introduce a Crypto-to-fiat Card. This card is primarily targeted at ultra-high-net-worth (UHNW) individuals, allowing users to convert stablecoins and other cryptocurrencies into fiat currency using real-time exchange rates. The card may later expand to merchant use. Public registration for the card is expected to open in the fourth quarter of this year.

#Visa #dtcpay #CryptoToFiat #PaymentCard #Cryptocurrency #Stablecoins #UltraHighNetWorth #Q42023 #Finance #Innovation
🚀 MoonPay Secures MiCA License From Dutch Regulator

According to Odaily, cryptocurrency payment platform MoonPay has announced that it has received a MiCA license from the Dutch Financial Markets Authority. The MiCA regulation establishes a unified legal framework for digital assets across the European Economic Area (EEA), aiming to enhance consumer protection, transparency, and market stability. With this approval, MoonPay can continue offering fiat-to-crypto and crypto-to-fiat payment services in Europe. The company operates in over 180 countries and supports more than 100 digital assets. The MiCA framework officially takes effect today, marking a significant advancement in the European cryptocurrency sector.

#MoonPay #MiCALicense #DutchRegulator #Cryptocurrency #DigitalAssets #ConsumerProtection #MarketStability #FiatToCrypto #CryptoToFiat #EuropeanEconomicArea #EEA #PaymentServices