FTX Partners with Visa

Visa announced its partnership with crypto exchange FTX, which is an emerging power with constant acquisitions, to issue debit cards that will use cryptos.

Until now, debit cards are available to US customers but with the new partnership, there will be presence in over 40 countries in Europe, Latin America and Asia.

The crypto exchange put emphasis in this move for targeting Europe as there is more demand at retail level. Visa has already invested a lot of resources in the crypto section, creating a Crypto Department, which aims to establish partnerships with similar exchanges.

What they want to achieve, both exchanges and Visa is the flow of money from fiat to cryptos and on reverse, as users can buy things with their crypto deposits.