On November 17, Amazon, the largest Internet marketplace, announced that it would discontinue Visa payments. This has led to a massive user turn to MasterCard.
Kyrgyzstan has increased electricity fees for cryptocurrency mining farms. This is the country's attempt to alleviate the energy crisis allegedly caused by the miners' high consumption.
Gary Gensler, the crypto-friendly chairman of the US Securities and Exchange Commission Exchange Commission (SEC), has expressed his support for cryptocurrency ETFs. However, he stressed that this was his personal opinion and had nothing to do with the regulator's plans to approve a proposal.
The settlement of the legal dispute between Ripple and the United States Securities and Exchange Commission (US SEC) is delayed. Nevertheless, the altcoin is still on the rise.
Decentralised Finance (DeFi) saw exponential growth in 2020 and 2021 promises to be yet another defining year. What’s particularly exciting is how DeFi has coincided with broader trends in banking and the rise of fintech 2.0 and neobanks.