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VISA Is Preparing To Enter The Cryptocurrency Market With Firm Steps

VISA is preparing to enter the cryptocurrency market with firm steps. Al Kelly made statements on VISA's cryptocurrency policies.

Yazar: Elif Dinçer

Yayınlanma: 28 Nisan 2021 21:05

Güncellenme: 8 Kasım 2024 02:57

VISA Is Preparing To Enter The Cryptocurrency Market With Firm Steps

VISA, one of the largest payment companies in the world, is preparing to enter the cryptocurrency universe with much more aggressive steps.

VISA is preparing to enter the cryptocurrency market with firm steps. Al Kelly, CEO of VISA, one of the largest payment companies in the world, made statements about VISA's cryptocurrency policies at the last financial reporting meeting. He said, “It's an area we're seriously interested in. We took a very good position.” Kelly, who has made many positive statements about Bitcoin, fixed coins and CBDCs in the past weeks and even stated that they have versatile plans in both long and short term in a postcast, He expressed that they started to be aggressively involved in crypto universe and said: “Here we focus on 5 different areas. Payments made through cryptocurrencies, crypto-related APIs and stable coins for financial institutions and CBDCs… These are the areas that we are seriously interested in and interested in… We are in a really good position " At the meeting, where the central bank digital currencies, namely CBDCs, were also discussed, the importance of cooperation between public institutions and the private sector was also emphasized and the following statements were used: “In order for CBDCs to have a real value, they must remain safe in the eyes of the consumer and we have a long-standing experience here. The second important issue is, of course, that such money has areas of use. Our negotiations with central banks continue in this sense. The ability of public institutions and private sector to work together plays a critical role here.”
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