“Crypto payments in C2B [consumer-to-business] merchant acceptance are still nascent today,” according to a recent white paper from payments firm Nuvei. “Crypto merchant payments today represent an estimated annual volume of $6 billion, a tiny fraction of the $10 trillion C2B global eCommerce market.” Source link … [Read more...] about FTX Readies Visa Debit Card for Users to Spend Crypto Balances
FTX
FTX US Derivatives Names Former LedgerX Chairman Larry Thompson as Board Chair
Additional board members named were FTX US Derivatives CEO Zach Dexter, who previously served as CEO for LedgerX; Managing Director and Head of Diverse Talent Management and Advancement at DTCC Keisha Bell; Avanti CTO Bryan Bishop; Trader at Grapefruit trading Joe Keefer; President of Baton Systems Jerome Kemp; VP and Deputy General Counsel at Robinhood Lucas Moskowiz; Global … [Read more...] about FTX US Derivatives Names Former LedgerX Chairman Larry Thompson as Board Chair
FTX announced as naming rights sponsor of Australian Blockchain Week 2022
FTX Trading Limited (FTX) will be the naming rights sponsor for Australian Blockchain Week 2022, which will run from March 21 to 25. Blockchain Australia is the peak industry network in Australia, bringing together industry, academia and government to discuss the opportunities of blockchain technology. I'm incredibly excited to announce @FTX_Official as the Naming Rights … [Read more...] about FTX announced as naming rights sponsor of Australian Blockchain Week 2022
Crypto Exchange FTX Establishes $2B Fund to Invest in Crypto Startups
Crypto derivatives exchange FTX has set up a $2 billion fund to invest in crypto-industry startups, the Wall Street Journal reported, citing Amy Wu, who heads the fund. Wu later confirmed the move in a tweet.FTX Ventures is one of the industry's largest funds, the report said. The full funding came from FTX and its founder, Sam Bankman-Fried. Investments could be as low as … [Read more...] about Crypto Exchange FTX Establishes $2B Fund to Invest in Crypto Startups
Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO
FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in a Twitter flood.In his view, there are three keystones to industry progress in 2022: regulation, scaling and transaction speeds. He proposes solutions to each puzzle piece, … [Read more...] about Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO