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Visa plans to add cryptocurrencies to its payment networks
Visa chairman and CEO Al Kelly have indicated that the payment giant could add cryptocurrencies to its list of over 160 currencies. The company aims to improve its payment network and develop greater access. Kelly was chatting on the firm’s fiscal Q1 2021 earnings call, where he described cryptocurrencies such as Bitcoin as “digital gold” that is not utilized as a method of payment vitally at this point. He stated that the payment giant would make cryptocurrencies more valuable, safe, and applicable for payments.