Sunday, July 3

Visa Announces New Cryptocurrency Advisory Service For Merchants And Banks By CoinTelegraph

© Reuters. Visa announces new cryptocurrency advisory service for merchants and banks

Payment giant Visa (NYSE 🙂 is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies.

The company said Wednesday that its cryptocurrency advisory department, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other businesses on all aspects, from the deployment of crypto functions and the exploration of non-fungible tokens to the development of wallets for central bank digital currencies.

  • According to a report by Blockdata, it surpasses Paypal (NASDAQ 🙂 in transferred value and sets its sights on Mastercard (NYSE 🙂

According to Visa, part of the interest of banks in cryptocurrencies is to remain competitive. Citing a recent internal study, Visa said that “40% of surveyed cryptocurrency owners say they would be likely or highly likely to change their primary bank to one that offers cryptocurrency-related products in the next 12 months.”

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.