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In light of strict and extensive economic sanctions enforced against Russian financial institutions, global payments giants Visa and Mastercard have now joined the list of companies refusing to provide their services to Russian banks.
Earlier today, the digital payment giant Visa announced the launch of the Global Crypto Advisory Practice offering, which will help the payment company’s clients and partners on their crypto journey.
Bitcoin reached new heights this year – not only did the world’s largest crypto conquer a new peak value, but it also managed to overtake payment processing giant PayPal in terms of dollar value transferred on its network.
Financial services giant, Visa, is launching a support program designed to help artists transition to the blockchain space and sell their digital creations in the form of non-fungible tokens (NFTs).
The payment processing giant is looking to provide interoperability for CBDCs ,and for all kinds of digital tokens and stablecoins that exist on different blockchains.