FTX and Visa to launch crypto debit card worldwide

Crypto exchange FTX is partnering with Visa (V) to make it easier for individuals around the globe to use crypto holdings for everyday purchases.

The pair are rolling out Visa debit cards linked to FTX accounts in 40 new countries starting in Latin America, allowing crypto holders to use their digital assets to pay for goods and services from their FTX wallets with Visa’s network of 80 million merchants.

The partnership marks the latest in a string of crypto announcements from payments giants, suggesting they continue their efforts to move deeper into the space despite the plunge in cryptocurrency values this year.

“We believe that digital currencies will have a lasting impact on the future of financial services and money movement,” Cuy Sheffield, head of the crypto at Visa told Yahoo Finance, noting that despite the market’s trajectory, the payments company’s views on crypto remain undaunted and particularly encouraged by the use of crypto stablecoins in global commerce.

Read the full article on Yahoo Finance News.

Next: Who is Ramneek Sidhu?

The Fourth Estate apologizes over Lighthouse International Church and Bishop Dag Heward-Mills

The Fourth Estate Apologizes over the United Denominations Group of Churches case (formerly known as Lighthouse Chapel International)

By Andrea Kay | December 2, 2022

Bishop Dag Heward-Mills has dedicated his life to the service of God, and in the 34 years since he left medical school to pursue…

What You Should Know About Social Drinking

By Andrea Kay | November 16, 2022

Do you love meeting up with some friends for a drink at the bar after a long day? While social drinking with friends and…

Unnecessary Business Costs That You Should Eliminate

By Andrea Kay | November 15, 2022

Managing your budget is one of the most important things about running a successful business. When your business has excess expenses that are unnecessary,…

Why You Keep Finishing Your Workouts Exhausted

By Andrea Kay | November 14, 2022

Are you finishing your workouts feeling exhausted? You’re not alone. A lot of people feel this way, and it’s often because they are doing…

used car prices

Carvana stock price falls as used car values sink

By Staff Writer | November 7, 2022

Shares of used car marketplace Carvana continued to plummet Monday, falling over 50% over the past two trading days, following a volatile downward trend…

Companies giving back to the community melaleuca

Giving Back in Idaho: 3 Companies Show How to Lead the Way

By Staff Writer | November 7, 2022

While Idaho is perhaps best known for its potatoes, there is so much more to the Gem State, including its scenic mountain landscapes, miles…

How to remove watermark in tiktok videos snaptik

How To Use SnapTik To Download TikTok Videos

By Andrea Kay | November 3, 2022

SnapTik is a free online tool that allows you to download TikTok videos without watermarks. With SnapTik, you can easily download your favorite TikTok…

Fed interest rate hike

The Fed Hikes Interest Rates Again. What’s Next For the Economy?

By Andrea Kay | November 2, 2022

The Fed has hiked interest rates again, and this time by a full percentage point. This is the second such hike in as many…

Top Wall Street Bets Meme Stocks

What Are Wall Street Bets Top Meme Stocks?

By Andrea Kay | November 2, 2022

Wall Street Bets is a popular online forum where investors share stock tips and discuss financial news. In recent months, the site has become…