Payments giant Visa has announced that it has terminated its agreements with cryptocurrency exchange FTX.
In a statement made by Visa management, the company has done with FTX in the past. global agreements have been terminated. specified.
As a result of its decision, Visa is also ending the debit card program it started in the USA, together with FTX.
The partnership between Visa and FTX was announced in October. Along with FTX, Visa was planned to issue crypto cards in 40 countries, especially for the Latin American, European and Asian markets.
In a statement to the press by the Visa team, “The events with FTX are unfortunate. We follow the developments closely. No matter what field we work in, including the digital currency sector, we are based on the principles of security and trust.” it said.