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Coinbase Becomes Visa Principal Member To Offer More Features For Its Debit Card

Ramsey Baker

Summary: Coinbase, the cryptocurrency exchange, received a Visa principal membership, a move which will allow the firm to offer more features for its debit card. On Wednesday Coinbase stated in an announcement, that it is the "first pure-play cryptocurrency company" to receive Visa membership. Principal members of Visa are reportedly authorized to act as “issuing bank,” ...

Coinbase, the cryptocurrency exchange, received a Visa principal membership, a move which will allow the firm to offer more features for its debit card.

On Wednesday Coinbase stated in an announcement, that it is the "first pure-play cryptocurrency company" to receive Visa membership. Principal members of Visa are reportedly authorized to act as “issuing bank,” which they can potentially issue cards and provide transaction processing services.

By Ramsey Baker

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