US payment giants Visa and Mastercard have suspended their new cryptocurrency partnership plans until the market recovers.
In the news published by Reuters on February 28, Visa and Mastercard crypto industry discredit plans for new crypto partnerships until a market improves due to they will delay conveyed.
In a statement on the subject, a Visa spokesperson said that the recent events in the cryptocurrency industry high-profile failures, one of the mainstream payment and financial services of the cryptocurrency industry. Part of it before it becomes to go through required LONG He reminded me that there is a way. However, the spokesperson said about the company’s cryptocurrency ecosystem. of the strategy And that your predictions have not changed also highlighted.
MasterCard He used the following statements on the subject:
We will continue to work towards blockchain technology and to create more efficient systems using this technology to address the deficiencies in the current system.
Other traditional payment companies in the industry are also with Visa and Mastercard. in a similar direction shared opinions. American Express In the statements made by the company regarding its crypto money plans, there is no indication of the crypto money sector in the near term. no breakthrough plans but the company’s blockchain technology usage scenarios on that you are working expressed.
President of investment firm Great Hill Capital Thomas Hayes, open studies in this area without declaring a regulatory framework. progress towards that you didn’t find expressed.