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PAY token gets a boost as TenX debit cards go live in Singapore

January 22, 2019 By Crypto Reporter

The token price gained 180% after the announcement that TenX cards are live in Singapore.

On January 21, the price of TenX’s token, PAY, increased from $0.16 to $0.45, a 180% rise in a single week.

The change came after the announcement of its co-founder & CEO, Toby Hoenisch, about the distribution of debit cards to Singapore customers. Other APEC countries are expected join in soon.

Earlier in January, co-founder and former president of the company, Julian Hosp, left the project after news alleging he had been promoting a financial pyramid, Lyoness, during 2011-2015.

Before running an ICO, Hosp had tried to disassociate himself with the pyramid scheme, but to no avail. According to Toby Hoenisch, Hosp has retained a stake in TenX.

More news:

  • FTX partners with Visa to roll out crypto debit cards in 40 countries
    FTX partners with Visa to roll out crypto debit cards in 40 countries
    October 9, 2022
  • Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
    Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
    January 31, 2022
  • Singapore's stablecoin surge: digital asset payment firms reconsider strategy
    Singapore's stablecoin surge: digital asset payment firms reconsider strategy
    August 27, 2023

Filed Under: General News, News Tagged With: debit cards, Julian Hosp, news, PAY, TenX

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