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Wirex to exclude XRP from its US launch in wake of SEC lawsuit


Quick Take
Wirex will not include XRP in a US version of the app when it launches in January.
Ziglu has decided to suspend XRP trading as of January 12
A handful of crypto wallet firms in the UK are contemplating whether to prevent millions of customers from trading XRP.
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Visa partners with Simplex to issue Debit cards


Visa partners with Simplex to issue Debit cards
Last Updated: 30 December 2020
Visa is collaborating with crypto-fiat processor Simplex to enable the company to offer crypto debit cards to customers. Presently, Simplex has more than 200 partner companies who can now provide crypto card payment options for their customers.
Market observers say this development will enable greater cryptocurrency adoption. With collaboration with Visa, Simplex is now a major member of Visa Europe.
Improving Simplex’s business-to-business activities
A Simplex spokesperson said the collaboration will improve the firm’s business-to-business activities. It will also Simplex provide the crypto credit card payment services, which gives any Simplex partner the ability to provide a fiat or crypto Visa card. ....

Nimrod Lehavi ,

Simplex Named Principal Member of Visa in Europe


Simplex Named Principal Member of Visa in Europe
 
Simplex,an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, announced on Tuesday it has approved for principal membership to the Visa network. According to Simplex, the approval represents a “pivotal” move-in enabling digital currency users the ability to access their funds for everyday use.
“Through its principal membership, Simplex will be able to offer new solutions to the complex limitations users of digital currency face when trying to withdraw cryptocurrencies from their preferred vendor. As a principal member of the Visa network and licensed financial institution, Simplex will be able to directly issue debit cards to partners’ users, offering convenience, reduced costs, and faster transactions across their entire partner network.” ....

Cuy Sheffield , Nimrod Lehavi , Senior Director , சுய ஷெஃபீல்ட் , மூத்தவர் இயக்குனர் ,

Simplex to Become Visa Principal Member and European Card Issuer


Simplex to Become Visa Principal Member and European Card Issuer
Simplex, the fiat-crypto payment gateway, is to become a principal member of Visa in Europe. The move paves the way for Simplex to issue Visa (NYSE:V) debit cards to customers across Europe, and solidifies the company’s position as a trusted and fully regulated payment provider.
Founded in 2014, Simplex has grown into one of the largest payment providers within the cryptocurrency industry, with a partner network that includes many of the world’s largest crypto exchanges and wallets. Its Simplex Account service provides a virtual wallet for retail users to store fiat and cryptocurrency that can be used on the partner platforms it’s integrated with. Securing principal membership of Visa will strengthen the capabilities of Simplex throughout Europe, making it a vital cog in onboarding users to the cryptoconomy. ....

Reuben Jackson , Nimrod Lehavi , Insider Monkey News Department , Simplex Account , ரூபன் ஜாக்சன் , உள் குரங்கு செய்தி துறை , சிம்ப்ளக்ஸ் எண்ணுதல் ,