Visa Terminates Global Debit Card Agreements With Collapsed Crypto Exchange FTX

Visa on Sunday said that it was severing its global credit card agreements with crypto exchange FTX after it collapsed last week. The crypto platform’s US debit card program is being wound down by their issuer, according to Visa. FTX and Visa had announced plans to introduce account-linked Visa debit cards in 40 new countries in October.

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