CEO of Payments Giant Visa Details What’s Needed in Crypto To Regain User Confidence After ‘FTX Disaster’

CEO of Payments Giant Visa Details What’s Needed in Crypto To Regain User Confidence After ‘FTX Disaster’


The CEO of payments giant Visa says that more regulation is needed for the crypto space to regain user confidence after the FTX collapse.

In a new interview with CNBC’s Jim Cramer, the outgoing Visa CEO Al Kelly says he hopes the downfall of FTX will speed up oversight of the crypto market.

“I hope one good thing that comes out of this FTX disaster for their investors and their employees, is that we see an acceleration towards regulation and leaning into good, stablecoin regulation. Because I think that that is what’s necessary to build back confidence for people. And we’ll see over time.”

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Kelly says Visa is laying the groundwork to offer services involving digital assets as it anticipates a growing demand among

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