Home Economy Visa and Mastercard freeze transactions with cryptocurrency

Visa and Mastercard freeze transactions with cryptocurrency

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Visa and Mastercard freeze transactions with cryptocurrency

Financial services giants Visa and Mastercard are “freezing” their plans for new partnerships with crypto companies after successive crashes hitting the crypto industry, according to people with knowledge of the matter, cited by Reuters.

In 2022, industry giants like FTX and BlockFi collapsed, shaking investor confidence and leading to more scrutiny.

Author: newsroom

Source: Kathimerini

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