AustraliaCointelegraph.comcrypto cardCrypto.comVisa

Crypto.com becomes a principal member of the Visa network

Cryptocurrency exchange platform and card issuer Crypto.com has partnered with Visa and plans to debut fiat lending.
Crypto.com is now the latest cryptocurrency exchange and payment service to join the Visa network.According to a press statement issued on Wednesday, Crypto.com has inked a global partnership with the credit/debit card payment giant which includes becoming a principal member of Visa’s network in Australia.As part of the press release, Crypto.com revealed that the collaboration with Visa was in line with the company’s efforts to expand the reach of its crypto Visa card.Crypto.com’s Visa card is already used in more than 30 countries around the world, including the United States, Canada, as well as nations in Europe and across the Asia-Pacific.Crypto.com plans to begin direct issuance of its Visa card in the country, and the company says it will use its presence in Australia to pursue greater market penetration for its card service across the world.Apart from its physical Visa card product, Crypto.com will also reportedly begin to issue virtual cards within Europe.Commenting on the Visa partnership, Crypto.com CEO Kris Marszalek remarked:“Signing the global partnership with Visa and becoming a principal member with the world’s leader in digital payments affirms our commitment to accelerate the world’s transition to cryptocurrency.”As part of the official communique, the company also announced the rollout of its fiat lending program, dubbed “Spending Power.” With this new product, …
Story continues on Cointelegraph

Related posts
BitcoinCointelegraph.comETH PriceetherEthereumTreasury yields

Ethereum fails to break out vs. Bitcoin as Treasury yields soar — Will ETH relief rally?

The ETH/BTC pair remains pinned below a key resistance level as the macro landscape worsens. Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March…
AdoptionArtAuctionCointelegraph.comCryptocurrenciesFundingIndiaNFTNonfungible Tokens

Buyer of Beeple’s $69M NFT on Christie’s discloses identity

MetaKovan, the pseudonymous founder of NFT fund Metapurse and buyer of Beeple’s $69 million NFT, has revealed himself. The mysterious buyer of the world’s most expensive non-fungible token “Everydays: The First 5000 Days” by Beeple, has revealed their identity.Metapurse, a…
BitcoinBTCCointelegraph.comgoldInvestmentScaramucci

Bitcoin 'better than gold' if you study it, fund manager tells mainstream media

Getting to grips with Bitcoin reveals its benefits over gold as a store of value, says SkyBridge Capital’s Anthony Scaramucci. Bitcoin (BTC) is superior to gold if investors take the time to study it, says hedge fund manager Anthony Scaramucci.In…