Visa announced its new global partner, cryptocurrency platform Crypto.com. The alliance enables ... [+] Crypto.com to continue the roll-out of its card program, the largest Visa initiative of its kind, and introduce a new crypto lending product. Getty ImagesToday, Hong Kong-based payment and cryptocurrency platform Crypto.com announced a global partnership with Visa that also includes principal membership in Visa’s network in Australia. The company also plans to roll out fiat lending against bitcoin and other cryptocurrencies as collateral via the Crypto.com Visa Card V . With Visa principal membership, Crypto.com will begin direct issuance of the Crypto.com Visa Card in Australia and scale the program to new markets.

Source: Forbes March 18, 2021 12:56 UTC