Visa has launched a cryptocurrency advisory unit
According to the company, part of the organizations' interest in digital assets is to remain competitive
08.12.2021 - 11:45
354
1 min
0
What’s new? Visa, a payment processing giant, has launched its cryptocurrency financial advisory unit for the institutions. It will be located in the consulting and analytics department and will help the Visa customers navigate the crypto space.
Information on the Visa website
What is the essence of the advisory unit? Visa will provide advice to the financial institutions, retailers, and other companies on various issues ranging from implementing crypto functions and studying NFT to developing wallets for CBDC. According to the company, part of the organizations' interest in cryptocurrencies is to remain competitive.
What does the company representative say? Nikola Plecas, Visa’s European crypto lead, said:
“Crypto for us is a huge new vertical and growth opportunity. And we will be continuing to focus on growing this business.”
What had happened before? This step demonstrates another attempt by Visa to delve deeper into the cryptocurrency industry. Thus the company has previously applied for blockchain-related patent approvals. Visa's research team is also working on the Universal Payment Channel project. It is a blockchain interaction hub that connects several networks and allows the digital assets to be moved between different protocols and wallets.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$98 400
BTC
+4.15%
-
Ethereum
$3 366.05
ETH
+9.29%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.28
XRP
+15.21%
-
Dogecoin
$0.387264
DOGE
+1.81%
-
Cardano
$0.837496
ADA
+3.31%
-
Bitcoin Cash
$486.26
BCH
+9.37%
-
Polkadot
$5.94
DOT
+3.04%
-
Stellar XLM
$0.273049
XLM
+11.15%
-
Litecoin
$89.67
LTC
+6.94%