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Swiss-regulated blockchain bank Fiat24 issued a temperature check on the Uniswap DAO to approve a branded Visa card, though governance delegates have trademark concerns.  Fiat24, which runs atop Ethereum L2 network Arbtrium, would issue a Visa card featuring Uniswap’s logo if the decentralized autonomous organization (DAO) governing crypto’s largest on-chain exchange or DEX approves its proposal.  The card would be available in 27 markets across European Union countries with additional plans to expand toward Latin America and Southeast Asia.   There is no effort or cost for the Uniswap DAO. We cover all the labor and related costs. Once the proposal has been approved, we would appreciate an official announcement from the Uniswap DAO Fiat24 on Uniswap Visa card proposal Fiat24 Uniswap Visa card proposal | Source: Snapshot Fiat24 hopes to tap the world’s $7.5 trillion daily forex trading volume using automated smart contract banking. The protocol relies on Uniswap’s...

A VISA executive recently revealed that the company is sharing its CBDC expertise with the Central Bank of Azerbaijan . Cristina Doros, Vice President and Regional Manager of Visa in Central Asia and Azerbaijan said in a recent interview with Trend, that the company and the Central Bank are engaging in an ‘open and constructive debate’ to develop ‘appropriate formats’ of contact and cooperation. She added, “Now, Central Bank s from various countries are working to answer critical questions, such as what the solution’s infrastructure and architecture should be, and how it will be used. How will the issuer engage with commercial banks as the CBA? As Visa, we are eager to share our experience and are open to dialogue.” Visa has recently tied up with many countries’ central banks to develop digital versions of their currency. Recently, Bazil’s central bank picked 14 institutions to take part in the pilot program of its CBDC. Visa...