Express

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

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 3 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 7 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 10 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago
  • You need to login to comment.