FTX and Visa had announced an expanded partnership in early October, including plans to introduce account-linked Visa debit cards in 40 new countries. (Representative image: Unsplash)
Visa Inc, the world’s largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX.
“The situation with FTX is unfortunate and we are monitoring developments closely,” a Visa spokesperson told Reuters.
You’ve Read Your Free Stories For Now
Sign up and keep reading more stories that matter to you.