Tagged: cash withdrawals

Coinbase Enables Real-Time Card Withdrawals via Visa Direct Capability for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets

Eddie Lo, Product Manager at US-based crypto exchange Coinbase, notes that one of the “defining characteristics” of digital currencies is that they can be “transacted instantly, anywhere, anytime.” Although this might not be true given the relatively high Bitcoin and Ethereum transaction fees and relatively slow… Read More

Cash Withdrawals Drop 60% in the UK Following Nationwide Lockdown Due to COVID-19 Outbreak

The Coronavirus (COVID-19) outbreak has dramatically affected cash transactions in the United Kingdom, as ATM withdrawals dropped by 60% during the lockdown period. Approximately 75% of UK residents confirmed that they’re not handling physical currency notes nearly as much as they were before the ongoing… Read More

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