US-based cryptocurrency exchange Coinbase has enabled support for users of their wallets to send cryptocurrencies such as Bitcoin using short user-friendly addresses instead of traditional long hexadecimal addresses. Every Coinbase Wallet user has a small and simple username.
Amid a slew of major companies abandoning the association, Canadian e-commerce giant Shopify has joined the Libra Association, a consortium of major financial partners of Facebook's Libra cryptocurrency project. Shopify will now become the 21st member of the association. Shopify intends to build a payment network that makes money easier to access and supports its merchants and global consumers.
US-based cryptocurrency exchange Coinbase has become the first pure-play crypto company to be approved as a Visa principal member. This membership will enable Coinbase to issue Visa debit cards directly without depending on third-party issuers. This move comes about ten months after Coinbase teamed up with Visa to launch the Coinbase Card, a Visa debit card that lets customers spend their cryptos.