Cryptocurrency News

ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says

06/28/2022

Less than a minute

2022.06.28 21:41

ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says

Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express (NYSE:AXP), believes that making payments with crypto is not cost-effective at present.

Pérez’s comments came during an exclusive chat with Cointelegraph editor Aaron Wood at European Blockchain Convention 2022, where he discussed American Express’ current crypto-related plans and future prospects.

06/28/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 103,915.84 2.60%

Ethereum (ETH) $ 3,862.37 1.92%

XRP (XRP) $ 2.48 4.48%

Tether (USDT) $ 1.00 0.04%

BNB (BNB) $ 714.44 1.09%

Solana (SOL) $ 215.95 4.88%

Dogecoin (DOGE) $ 0.38621 3.19%

USDC (USDC) $ 1.00 0.07%

Lido Staked Ether (STETH) $ 3,859.16 1.80%

Cardano (ADA) $ 1.05 2.55%

TRON (TRX) $ 0.274167 3.76%

Avalanche (AVAX) $ 46.78 4.13%

Chainlink (LINK) $ 27.40 1.34%

Wrapped stETH (WSTETH) $ 4,587.50 1.90%

Shiba Inu (SHIB) $ 0.000026 3.79%

the-open-network

Toncoin (TON) $ 5.71 3.41%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,493.73 2.72%

Sui (SUI) $ 4.69 1.38%

Stellar (XLM) $ 0.428116 2.56%

Polkadot (DOT) $ 8.34 3.29%

hedera-hashgraph

Hedera (HBAR) $ 0.303146 4.64%

WETH (WETH) $ 3,860.67 1.98%

Bitcoin Cash (BCH) $ 521.63 2.95%

Uniswap (UNI) $ 15.71 2.10%

Pepe (PEPE) $ 0.000022 5.53%

LEO Token (LEO) $ 9.60 0.42%

Litecoin (LTC) $ 116.43 9.38%

Hyperliquid (HYPE) $ 24.65 3.68%

NEAR Protocol (NEAR) $ 6.20 6.36%

Wrapped eETH (WEETH) $ 4,072.71 1.85%

Aptos (APT) $ 12.77 2.34%

Bitget Token (BGB) $ 4.36 14.12%

Ethena USDe (USDE) $ 1.00 0.06%

internet-computer

Internet Computer (ICP) $ 12.12 1.32%

Aave (AAVE) $ 369.88 1.87%

USDS (USDS) $ 1.00 0.32%

crypto-com-chain

Cronos (CRO) $ 0.186409 4.50%

Ethereum Classic (ETC) $ 31.77 3.79%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.552918 4.20%

VeChain (VET) $ 0.05479 5.95%

Render (RENDER) $ 8.43 3.15%

Artificial Superintelligence Alliance (FET) $ 1.60 1.64%

Monero (XMR) $ 222.12 0.21%

Mantle (MNT) $ 1.17 3.21%

Arbitrum (ARB) $ 0.938629 3.43%

Bittensor (TAO) $ 531.88 0.09%

MANTRA (OM) $ 4.09 1.20%

Filecoin (FIL) $ 6.11 4.73%

WhiteBIT Coin (WBT) $ 24.96 1.34%

Kaspa (KAS) $ 0.138319 3.31%