- Facebook’s Diem, formerly known as Libra, and Visa are looking to extend their reach in the growing crypto payments space.
- Additionally, PayPal’s CEO has underscored the importance of regulatory compliance for the developing industry.
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Visa, PayPal, and Diem, formerly known as Libra, are looking to capitalize on the rapidly growing industry.
- Visa’s newest credit card will feature crypto rewards—helping it cash in on consumers’ appetite for rewards. The card network partnered with cryptocurrency startup BlockFi to introduce the Bitcoin Rewards Credit Card. Users will get 1.5% cash back for every transaction made on the card—which will then be converted to Bitcoin and stored in a BlockFi account in a regular monthly cycle—as well