Coinbase, Visa to Allow Real-Time Crypto Deposits Through Debit Card
Coinbase has partnered with Visa to enable real-time crypto transfers using eligible Visa debit cards for customers in the U.S. and the European Union. This new feature allows users to integrate their Visa debit cards into their Coinbase accounts, facilitating instant deposits and the ability to buy or sell cryptocurrencies directly on the platform. This simplifies the process for users who may not be tech-savvy, making it easier to invest in digital assets. The partnership aims to bridge the gap between traditional banking services and cryptocurrency trading, addressing a key hurdle in the industry. Visa's Head of North America for Visa Direct, Yanilsa Gonzalez Ore, expressed enthusiasm for this collaboration, highlighting the importance of providing customers with timely access to trading opportunities. The recent regulatory advancements in the E.U., such as the Markets in Crypto-Assets Act, are also fostering a more secure environment for these types of innovations and potential expansions in the region.
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