Tag Archives: Crypto Payments

ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present. Pérez’s comments came […]

What Is Cryptocurrency Utility and Why It’s Important for the Development of Crypto Payments

Cryptocurrencies have come a long way in the recent decade, evolving from a marginalized payment method for questionable transactions to publicly traded instruments on the largest global exchanges. Nonetheless, these drastic changes remain insufficient for fulfilling the “currency” function of the crypto. Specifically, cryptocurrencies are far from competing with fiat currencies for becoming the medium […]