Visa makes a major stake in the crypto game

According to Blockchain Today, Visa has acquired fintech startup Plaid for $5.3 billion, working with the Coinbase crypto exchange and the Abra wallet.

This will allow Visa to provide users with advanced payment options and related services for fintech developers.

The deal will be completed within 3-6 months.

In November 2019, Visa announced plans to create a blockchain system for processing personal data.

This article is not intended to be financial advice. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Crypto Block does not provide investment, tax, legal, or accounting advice.

As always, do your due diligence before investing, and never invest more than you can afford to lose.

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