Visa Exec: Our Network Could Support Bitcoin Payments
Global payments giant Visa earned the ire of the bitcoin community earlier this year when CEO Charlie Scharf stated that he didn't see bitcoin and its technology as posing a significant threat to its operations. Now, however, new comments from the CEO suggest that the company may be re-evaluating bitcoin. In a new interview with The Australian Financial Review (AFR), Scharf confirmed that while the company is not currently responding to developments in the bitcoin space, it could be well positioned to do so in the future, should circumstances require. Scharf told the AFR: "Visa is not a....
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Visa, one of the leading credit and payments companies, has announced the creation of a program that will allow artists to understand how they can use new technologies like NFTs. According to Visa, NFTs have the potential of evening out the field for artists, allowing them to close the gap between art and its potential consumers. The company will sponsor a group of artists, giving them counsel about the importance of these cryptographic technologies.
Visa Wants Artists To Learn About NFTs
Visa has announced it will launch a program to introduce artists to the world of NFTs. The....
Visa CEO Charlie Scharf offered his opinion of bitcoin and other emerging virtual currencies on 30th January in a conference call discussing Visa's first-quarter fiscal earnings. "There are certainly some interesting things about bitcoin and other things like it, but there are also a great deal of complexities," Scharf said. The 48-year-old payment company head went on to state that more traditional payments systems are safer for consumers as they have "established network rules" and an "understanding of how things operate". Perhaps most notably, Scharf suggested that Visa is not actively....
Payments giant Visa has been expanding its involvement with Bitcoin and cryptocurrencies. Per their Q2, 2021, Earnings Call, the company has a long roadmap and many plans to integrate these assets into its payment network. Al Kelly, Chairman, and CEO at Visa talked about the “opportunities” the company is and would like to explore with […]