US EditionVisa Claims Cryptocurrency - Linked Card Usage Reached $2.5B In First Quarter
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Visa Claims Cryptocurrency - Linked Card Usage Reached $2.5B In First Quarter
Visa has no intentions to store bitcoin on its financial statements, but it has set up a crypto consultancy business and made several recent investments in virtual currencies platforms as it pushes for digital currency acceptance, reports CNBC. Customers used Visa’s crypto-linked cards to make $2.5 billion in transactions in the first quarter of fiscal 2022, according to the company’s latest earnings call. That accounted for 70% of the company’s…
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