Bitpay Announces Closure of Prepaid Card Program with Mastercard, Promises Improved Service

Cryptocurrency payments operator Bitpay announced the closure of its prepaid card program with the international Mastercard system due to the end of its partnership with Metropolitan Commercial Bank. Atlanta-based Bitpay announced that prepaid Mastercard cards will cease ...

Metropolitan Commercial Bank Exits Crypto Business

Metropolitan Commercial Bank, a leading public bank in the United States, announced its departure from the cryptocurrency business, citing a significant drop in digital currency deposits from $820 million to $275 million as of March 31. The bank, with a capitalization of ...