Financial News

VISA Reaffirms Commitment to Cryptocurrency Strategy

A Visa company spokesperson, speaking to Blockworks, has confirmed Visa’s affirmation that it will keep focusing on its master plan to be the go-between for both traditional finance and crypto.  Visa intends to keep working on its crypto strategies despite rumors that depict the contrary. The company’s rival, Mastercard, has keen intent to keep its focus on a more neutral arena: blockchain.

In an earlier Reuters report, it was claimed that both payment giants may halt cryptocurrency businesses following the sinking of some high-status companies within the industry. Visa has since absolved itself from such claims. Visa’s vice president and rypto head, Cuy Sheffield, posted a tweet claiming Reuter’s…

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