Crypto Lender Nexo Joins Hands with Mastercard

Daily Current Affairs / Crypto Lender Nexo Joins Hands with Mastercard

Change Language English Hindi

Category : Business and economics Published on: April 22 2022

Share on facebook

Crypto lender Nexo has partnered with Mastercard to launch the world’s first “crypto-backed” payment card.
The card allows users to spend without having to sell their digital assets such as bitcoin. These will be used as collateral to back the credit granted.
Initially the facility has been launched in selected European countries.
Electronic money firm DiPocket will issue this card.

Lt. Gen. Pushpendra Singh to take over as Vice Chief of Army Staff on Friday.
Read More....
Shubman Gill becomes highest run-scorer as Indian Test captain in a single series with 743 runs.
Read More....
From August 1, PSBs allowed to transfer unclaimed assets to IEPF under amended Banking Laws.
Read More....
Cabinet approves four multi-tracking railway projects worth ₹11,169 crore across six states.
Read More....
DPIIT signs MoU with Roche India to support healthcare startups in critical therapeutic areas.
Read More....
Eminent economist and author Lord Meghnad Desai passes away at age 85.
Read More....
ISRO scientist A. Rajarajan appointed Director of Vikram Sarabhai Space Centre from August 1.
Read More....
Khalid Jamil becomes first Indian in 13 years to be appointed head coach of Indian men's football team.
Read More....
Indian Navy receives third Project 17A stealth frigate ‘Himgiri’ from GRSE, Kolkata.
Read More....
World Breastfeeding Week 2025 to be observed from August 1 to 7 with focus on healthcare system support.
Read More....

Crypto Lender Nexo Joins Hands with Mastercard