Visa
Visa extends sponsorship with Red Bull F1 teams through 2030
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Visa has renewed and expanded its sponsorship deal with Oracle Red Bull Racing and Visa Cash App Racing Bulls, extending through 2030. The agreement builds on the 2024 partnership and includes support for F1 Academy and fan engagement events. This move deepens Visa's integration into the Formula 1 ecosystem.
VFS Global has warned Kenyans against using unauthorised agents for visa applications as demand rises. The company reported a 20 percent increase in applications in the first half of 2026. It stressed that no third party can guarantee appointments or approvals.
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Visa introduced the Visa Stablecoin Platform on Thursday, enabling banks and fintech companies to issue, manage and settle stablecoins through its payments network. The service launched with support for Open USD from Open Standard. Circle shares fell about 5 percent following the announcement.
Payments using crypto-linked cards have grown rapidly, surpassing peer-to-peer stablecoin transfers as the primary driver of on-chain activity. According to a report by blockchain analytics firm Artemis, monthly volumes rose from $100 million to over $1.5 billion in 2025, with total annual payments hitting $18 billion. This expansion highlights the increasing integration of stablecoins into everyday spending.
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Starting today, January 16, Chinese nationals can enter the Philippines without a visa for tourism or business purposes for up to 14 days, the Department of Foreign Affairs announced. The arrangement is effective for one year and will be reviewed before expiry. It aligns with the President's directive to boost trade, investments, tourism, and people-to-people exchanges between the Philippines and China.