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Visa, Mastercard Halt Crypto Initiatives Pending Industry And Regulatory Recovery

After the industry meltdown, U.S. payment giants Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) paused plans to forge new partnerships with crypto firms. Both Visa and Mastercard postponed the launch of certain products and services related to crypto un

After the industry meltdown, U.S. payment giants Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) paused plans to forge new partnerships with crypto firms. Both Visa and Mastercard postponed the launch of certain products and services related to crypto until recovery of the market conditions and the regulatory environment, Reuters reports citing familiar sources. The bankruptcies of industry majors FTX and BlockFi rattled investors and increased regulatory scrutiny on the sector. "Recent high-pr

by wjb news
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