WhiteBIT and VISA Signed a Memorandum of Cooperation!
Europe’s leading crypto exchange WhiteBIT has joined forces with the international payment system VISA to elevate the crypto experience throughout Central and Eastern Europe, the Middle East, and Africa.
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Their joint venture in the CEMEA markets aims to foster a robust connection between WhiteBIT and VISA’s established partners, including banks and fintech firms that share a profound interest in crypto-related products.
Our ultimate goal is to champion the widespread adoption of blockchain technology. We're steadfast in our belief that the digital realm signifies the future. Partnering with a dominant force like VISA marks a significant stride for us. Collaborating with such a global leader will empower us to integrate cryptocurrencies into the core financial landscape and extend our network to an even wider range of banking partners worldwide. This convergence of traditional financial stakeholders with a pioneering crypto exchange translates to increased opportunities for crypto enthusiasts,
shared WhiteBIT CEO Volodymyr Nosov.
WhiteBIT & VISA: Elevating the Crypto Experience Source: https://twitter.com/WhiteBIT_ua
WhiteBIT's objective is to develop a customized solution that streamlines the use of crypto assets, catering to the increasing demand among European users. This endeavor gains particular significance given recent legislative regulations concerning the interplay between banks and the crypto sector.
VISA stands as an invaluable partner, providing WhiteBIT with unmatched expertise. For VISA, engaging with the crypto industry is not uncharted territory. More than 50 notable crypto platforms have already embarked on collaborative ventures with VISA. These encompass card programs that facilitate over 70 million worldwide crypto enthusiasts in seamlessly converting and utilizing their assets.
Visa continually explores innovative methods to enhance daily transactions, and it's clear that cryptocurrencies are revolutionizing how people manage their finances. We see immense potential in crypto-related products. Such solutions allow customers of virtual asset services to seamlessly interact with their funds, leveraging our established payment infrastructure. Users can securely expend their money using VISA cards anywhere around the globe. In sealing the Memorandum with WhiteBIT, we're poised to support the company in tandem with banks and fintech entities to roll out card schemes wherever the law allows
commented Yevhen Lisniak, the Senior Director and Head of Strategic Partnerships, Fintech & Ventures (Visa, CISSEE).
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